Land for sale

240 Wherstead Road, Ipswich, Suffolk, IP2 8JZ

POA
0.5 ha.

Property Description

Commercial information

  • 1.2 acres (0.5 hectares)

Full description

The 0.5-hectare site comprises a former office block and hard standing with frontage and two access points onto Wherstead Road. The site is formed of differing ground levels, with both entrances being level with the public highway, whereas other areas are approximately 5 meters higher. The surrounding area comprises predominantly residential dwellings, in addition to the Port of Ipswich. The southern boundary forms part of the Ipswich Docks rail line.

LOCATION
The site is located within Ipswich Town Centre, with good access off Wherstead Road, and within close proximity to transport links and local amenities.

The A12 and A14 roads are approximately 1 mile away which provide access to London (A12) and the Midlands (A14). There are main line train services from Ipswich Train Station (approx. 1 mile from site) direct to London Liverpool Street (approx. 80 mins travel time) and London Stratford for Crossrail.

SERVICES
We believe the property benefits from mains water and electricity connections; however, we have not undertaken any testing or investigations. Interested parties are advised to make their own enquiries.

TOWN AND COUNTRY PLANNING
TOWN AND COUNTRY PLANNING
The site lies within the development envelope of Ipswich, and has been recognised within the Ipswich One local plan as being potentially suitable for 27 residential units, subject to the necessary planning consents. Interested parties should make their own enquiries of the local authority.

OVERAGE
The freehold will be sold subject to the terms of an Overage Clause, whereby the vendor will retain 50% of any uplift in value of all or part of the site in the event that planning consent is obtained for change of use of the freehold for a period of 30 years from the date of transfer of the freehold ownership. The Overage Clause will be triggered upon implementation of the Planning Consent or sale, whichever is the earlier.

METHOD OF SALE
The property is offered For Sale by Informal Tender. Offers should be made in writing and submitted to the Vendors Agent by 12 noon on 19th July 2019. Envelopes should be clearly marked 'Wherstead Road Offer', for the attention of Jordan Marshall. Offers by email will be accepted and should be sent to jordan.marshall@brownco.
com. Unconditional offers should be made in pounds sterling and no reference should be made to other offers. The offers should contain the following: -
1. Details of the Purchaser's Solicitor.
2. A letter of confirmation from a Bank or Financial Advisor confirming that Funds are available to exchange contracts in the required timescale.
3. Confirmation that Main Board approval has been given where necessary.
4. The Vendors reserve the right not to accept the highest offer or any other offer received.

EXCHANGE OF CONTRACTS AND COMPLETION
Exchange of contracts will take place 28 days after receipt by the Purchaser's Solicitor of the draft contract. Completion will be 14 days thereafter.

WAYLEAVES, EASEMENTS & RIGHTS OF WAY
The property is sold subject to and with the benefit of all existing obligations and rights, including rights of way whether public or private, light, support, drainage, water and electricity supplies and all other rights, easements, quasi-easements, whether referred to in these Particulars or not.

ANTI MONEY LAUNDERING LEGISLATION
In accordance with the most recent Anti Money Laundering Legislation, buyers will be required to provide proof of identity and address to the selling agent once an offer has been submitted and accepted (subject to contract) prior to solicitors being instructed.

VAT
The vendors have opted to tax the land being sold therefore VAT will be charged on the sale price.

USEFUL ADDRESSES
Ipswich Borough Council Grafton House, 15-17 Russell Road, Ipswich, IP1 2DE
T: 01473 432000
Suffolk Country Council Endeavour House, 8 Russell Road, Ipswich, IP1 2BX
T: 0345 606 6067

VIEWINGS
Strictly by appointment with Brown & Co. Please contact:
Jordan Marshall MRICS
T: 01284 339 111
M: 07795645195
E: jordan.marshall@brown-co.com


More information from this agent

Listing History

Added on Rightmove:
16 May 2019

Nearest stations

  • Ipswich (0.6 mi)
  • Derby Road (1.4 mi)
  • Westerfield (2.6 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Brown & Co, Bury St Edmunds

8 Angel Hill, Bury St. Edmunds, IP33 1UZ

01284 633011 Local call rate

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Map & Street View

Nearest stations

  • Ipswich (0.6 mi)
  • Derby Road (1.4 mi)
  • Westerfield (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Brown & Co, Bury St Edmunds

8 Angel Hill, Bury St. Edmunds, IP33 1UZ

01284 633011 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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