COVID-19 – Important Auction Information
For Sale By Auction | 11:00, 08 December 2020 | Lot 30

3A & 3B Spring Road, Ipswich, Suffolk, IP4 2RX

*Guide | £225,000 - £275,000 (plus fees)

  • Mixed Use
  • Tenure: Freehold

Call the team on 01473 558 888 for more information

Auction Date

Tue 08/12/2020

Auction Time

11:00

Auction Venue

Livestream Auction

A prominent mixed use premises with further development potential.

Situated on the eastern edge of the town centre is this prominent mixed use premises which is offered for sale due to business relocation. The ground floor is divided into 3 offices together with kitchen, storage and WC facilities and plans have been prepared for conversion to a 2 bedroom flat which is just subject to Prior Approval Planning. Alternatively this space could be utilised for other retail uses subject to any necessary local authority approval. The first floor is an established and particularly spacious 2 bedroom flat which is in excellent order and currently let at a rent of £750 per calendar month (£9,000 per annum). To the front of the property is parking space for 4 cars, which could generate further revenue, along with access to the covered side passageway leading to the open fronted garage and enclosed rear yard. A rare opportunity which certainly warrants close attention.

Tenure

Freehold

Energy Efficiency Rating (EPC)

Current Rating refer to Legal Pack

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Ipswich Borough Council

Solicitors

Watkins Stewart & Ross, 18 Lower Brook Street, Ipswich, IP4 1AL, Ref: Sarah Simpson, Tel: 01473 226266

Additional Fees

Buyer's Premium - 0.6% inc VAT of the purchase price payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £954 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.