Next Auction
6
Lot 7
8

St Francis Tower, Franciscan Way, 2 Cardinal Street, Ipswich, IP1 1NA

Guide price Postponed*
Modern Ipswich town centre office, 2,800 sq ft.... approval for 4 flats

Property Details

Description

This modern self-contained 3 storey office building is located in central Ipswich, opposite the renowned Norman Foster Willis building and close to the railway station and recreational facilities provided by Cardinal Park. The property itself is spread over 3 levels spanning approx. 2,806 sq. ft. of floor space and presently offers B1a office consent. The ground floor occupies 750 sq. ft., a 843 sq. ft. office areaplus kitchen are on the first floor and the largest office space of 1,171 sq. ft. can be found on the upper floor. Additionally, the property has the benefit of local authority approval to provide conversion into 4 self-contained flats ranging from 470 sq. ft. to 602 sq. ft.

The building is available as a 999 year leasehold interest and offers immense potential in such a prime and accessible location.

Key Features

  • 2,800 SQ FT OFFICES
  • P/P FOR RESIDENTIAL
  • CONVERSION OPP.
  • SPECULATIVE PROJECT
  • INVESTMENT PROSPECT
  • WELL WORTH VIEWING
  • MORE PHOTOS ONLINE
  • PLANS ONLINE
Tenure

Leasehold

EPC

C

Viewing

All Viewings Postponed

Planning Ref.

IP/15/00378/P3JPA

Location

St Francis Tower, Franciscan Way, 2 Cardinal Street, Ipswich, IP1 1NA

*Guide prices are provided as an indication of a vendor’s minimum expectation and the level at which the reserve is set. Properties may not always sell within this guide and this figure may change at any time prior to the auction. The sale price will be dependent upon bidding in the auction room and on the Vendors’ instructions.

Reserve Price Each property will be sold subject to a reserve price, which will be set within, or below, the guide price range or no more than 10% above a single figure guide. This is a confidential figure set between the Vendor and the Auctioneer and is a figure below which the Auctioneer cannot sell the property.

Additional Fees All buyers are liable to pay an Administration Charge of £1,200 inclusive of VAT. Other fees disbursements may also apply, therefore before making a purchase, please refer to the Legal Pack and Special Conditions.