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11 Fore Street, Ipswich, Suffolk, IP4 1JW

POA
Fenn Wright, Ipswich Commercial Sales and Lettings
SIZE AVAILABLE

5,631 sq ft

523 sq m

SECTOR

Office for sale

Key features

  • Grade II Listed building currently used for educational purposes
  • Extensive car park providing about 62 spaces
  • Local plan allocation for residential development

Description

FOR SALE BY INFORMAL TENDER ON FRIDAY 22ND NOVEMBER 2024 BY 12NOON

LOCATION:

Ipswich is the county town of Suffolk with a resident population of about 140,000. The A12 and A14 dual carriageways provide excellent road communications with the M25, London and the Midlands. Ipswich railway station provides a regular service to London (Liverpool Street) with a journey time of approximately one hour and ten minutes.

The property is situated on the east side of Fore Street with rear access off Waterworks Street. The town centre is 0.4 miles to the north west, the waterfront 0.2 miles to the south and University of Suffolk and New Suffolk College about 0.2 miles to the east. The immediate surrounding area includes a mix of retail, commercial and residential uses.

DESCRIPTION:

The property comprises a Grade II Listed building with brick and rendered elevations, the original building being under pitched tiled roofs with a large single storey flat roof extension to the rear. The principal accommodation is arranged upon ground and first floor, together with two small second floor/attic areas and basement.

The premises have most recently been occupied as an education centre, the accommodation providing a series of classrooms of varying sizes together with large reception, office, kitchen and toilet facilities. Part of the first and second floor provides a small residential flat. The property retains a large number of original features and is served by gas fired central heating.

Externally the property includes a surfaced, courtyard to the front of the original building and a large surfaced car park to the rear, with vehicular entrance and wide frontage onto Waterworks Street.

The property also includes a separate garage building.

ACCOMMODATION:

The property provides the following approximate net internal floor areas:

Ground floor 2,702 sq. ft. (251.03 sq. m.)
First floor 1,453 sq. ft. (134.94 sq. m.)
Second floors/attics 558 sq. ft. ( 51.87 sq. m.)
Basement 261 sq. ft. ( 24.26 sq. m.)
Total 4,974 sq. ft. (462.11 sq. m.)

The garage building provides a gross internal floor area of 657 sq. ft. (61.02 sq. m.).

The car park provides about 62 marked out car parking spaces.

PLANNING:

The property is understood to date back to the 18th Century, is Grade II Listed (No. 1374789) and is situated within the Central Conservation Area.

The premises have most recently been used for education purposes falling within Class F1 (learning & non-residential institutions) of the Town & Country Planning (Use Classes) Order 1987 (as amended).

A single Tree Preservation Order relates to the two trees within the rear car park.

The building is considered suitable for alternative commercial or residential uses, subject to planning.

In addition, part of the site is allocated for residential development, forming part of the Local Plan allocation under IP089 Waterworks Street. This allocation provides for 23 units, which proportionately equates to about 15 units within that part of the allocation relating to the property.

SERVICES:

We understand that the property is served by mains electricity, gas, water and drainage.

We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility companies in connection with the availability and capacity of all of those serving the property including IT and telecommunication links.

BUSINESS RATES:

Rateable Value £48,000
Rates Payable (2024/2025): £23,952 per annum

All interested parties should make their own enquiries with the local rating authority in order to verify their rates liability.

LOCAL AUTHORITY:

Ipswich Borough Council
Grafton House
15-17 Russell Road
Ipswich
Suffolk
IP1 2DE

Telephone .

ENERGY PERFORMANCE CERTIFICATE:

EPC Rating 88 (D) valid until 8 December 2029.

TENANCY:

The premises are currently subject to a lease granted to West Suffolk College, for a term of 5 years from 1st May 2020 to 30th April 2025 and contracted out of the security of tenure provisions of the 1954 Landlord & Tenant Act. Further details are available upon request.

TERMS:

The property is for sale by informal tender. Best and final offers are invited by 12 noon on Friday 22nd November 2024. Further details are available upon request.

LEGAL COSTS:

Each party is to be responsible for their own legal costs.

Brochures

11 Fore Street, Ipswich, Suffolk, IP4 1JW

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ipswich Station0.7 miles
  • Derby Road Station1.0 miles
  • Westerfield Station1.8 miles

About Fenn Wright, Ipswich Commercial Sales and Lettings

1 Butter Market, Ipswich, IP1 1BA

Fenn Wright are East Anglia’s leading independently owned partnership of chartered surveyors, estate agents and commercial agents, with a reputation for providing the highest level of customer care. Although we’ve been around since 1768 we endeavour to mix traditional business values with contemporary methods.

We have an unequalled presence throughout Essex and Suffolk with offices in the major hubs of Chelmsford, Ipswich, Colchester High Street and Colchester Business Park - as well as branches in Sudbury, Woodbridge, Witham, Stanway, Kesgrave and Manningtree. We can provide expert advice on every aspect of buying, selling and renting Commercial property, from valuations, landlord and tenant services, property management and insolvency, to name a few.

No two properties are the same; no two clients are the same. Our clients’ achievements have been founded on accurate and timely advice based upon a thorough understanding of their business requirements developed over many years.

Notes

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