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Commercial Site / Development Opportunity, South Site, White Elm Street, Ipswich, IP3 8BB

0.54 acres / Industrial / Warehouse

Withdrawn - Last updated: 19 September 2017

Commercial site for sale which would also be suitable for residential development.

There is currently an existing warehouse on the site, formerly used for fruit distribution.

Location

Ipswich is the administrative and county town of Suffolk and is one of the principal commercial and financial centres of East Anglia. The town lies approximately 70 miles north east of central London, 55 miles south east of Cambridge, 43 miles south of Norwich, and 18 miles north east of Colchester. Major roads in the area include the A12, which provides dual carriageway access to the A14, providing a principal link from the Port of Felixstowe (9 miles to the south east) to the East Midlands.

Situation - The South Site has prominence to Bishops Hill, within close proximity to the Waterfront and University of Suffolk, and benefits from excellent vehicular passing traffic. The site enjoys easy access to the main town centre and is close to schools, good public transport links, and Holywells Park, and is within a mixed commercial and residential area.

Accommodation

South Site Area - 0.217 hectare   0.537 acre

Warehouse Area - 1,062.03 sq m   11,431 sq ft 

Terms

Planning - The South Site is allocated within the Ipswich Borough Council Local Plan for residential development, the usual planning obligations will apply for any scheme in excess of 14 dwellings. The site would also be suitable for various commercial uses.

Services - We understand that mains electricity and water will be available to the site.

Price - South Site - Offers in the region of £750,000 are requested, for the freehold interest with full vacant possession.

Legal Costs - Each party to bear responsibility for their own legal costs incurred in this transaction.

Vat - VAT is not applicable on the purchase price under the Finance Act 1989. 

Specification

  • Prominent main road location
  • Close to other trade counter occupiers
  • South Site comprising 0.217 hectare (0.537 acre)
  • Currently a distribution warehouse
  • May suit other uses (subject to planning)
  • Within .25 miles from Ipswich town centre close to Waterfront and University of Suffolk
  • For sale freehold, o.i.r.o. £750,000


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