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CAPITAL HOUSE, 18 BURY STREET, STOWMARKET, Suffolk , IP14

£350,000

£83.93 per sq ft

Business rates & charges may apply

Fenn Wright, Ipswich Commercial Sales and Lettings
SIZE AVAILABLE

4,170 sq ft

387 sq m

SECTOR

Office for sale

Key features

  • Central Stowmarket location close to amenities and transport
  • Office building suitable for continued commercial use
  • Alternatively, planning permission granted for residential conversion
  • An appealing proposition for investors, developers or owner-occupiers

Description

DESCRIPTION

The property comprises an attached imposing Georgian style building arranged over ground and two upper floors, together with basement storage. The property is of brick construction beneath pitched slate covered roofs.

The offices are accessed via a front entrance off Bury Street and a rear entrance from the carpark off Union Street West, providing parking for up to eight vehicles.

The premises are served by gas fired central heating and fire alarm system. Ancillary accommodation includes kitchens and toilet facilities on ground and first floor levels.

DEVELOPMENT POTENTIAL

Prior approval was granted on 6th May 2025 for the change of use from Commercial Business and Service premises (Use Class E) to Dwellinghouses (Use Class C3) to provide seven one bedroom flats, together with basement storage (reference DC/25/01389).

ACCOMMODATION

Approximate Net Internal Floor Areas

Ground Floor

Office (right) 55.73 sq m (600 sq ft)
Office (left) 47.19 sq m (508 sq ft)
Kitchen 3.65 sq m (39 sq ft)
First Floor Office (front left) 22.63 sq m (244 sq ft)
Office (front right) 28.37 sq m (305 sq ft)
Office (left rear) 29.60 sq m (319 sq ft)
Office (right rear) 23.58 sq m (254 sq ft)
Kitchen 3.22 sq m (35 sq ft)

Second Floor
Office 49.11 sq m (529 sq ft)
Basement Storage 39.39 sq m (424 sq ft)
Total Area 302.47 sq m (3,256 sq ft)

Approximate Gross Internal Floor Areas

(Proposed Floor Area for Residential Use)
Flat 1 47.8 sq m (514.5 sq ft)
Flat 2 36.6 sq m (394 sq ft)
Flat 3 37.1 sq m (399.3 sq ft)
Flat 4 47.8 sq m (514.5 sq ft)
Flat 5 37 sq m (398.3 sq ft)
Flat 6 34.5 sq m (371.4 sq ft)
Flat 7 55.1 sq m (593.1 sq ft)
Circulation space 64.6 sq m (700.02 sq ft)
Basement 26.5 sq m (284.94 sq ft)

Total Area 386.97 sq m (4,170 sq ft)

INFORMATION PACK

An information pack providing copies of the associated planning documents and floor plans is available on request.

SERVICES

It is understood the property is connected to 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 those serving the property including IT and telecommunications.

LOCAL AUTHORITY

Mid Suffolk Babergh District Council Endeavour House 8 Russell Road Ipswich IP1 2BX

Telephone:

ENERGY PERFORMANCE CERTIFICATE [EPC]

D (93) Rating - ref: 4983-6310-3789-1463-5046

BUSINESS RATES

Based on our enquiries via the VOA website the property is assessed as five separate hereditaments including two Ground Floor office suites, the 1st & 2nd floor offices and two basement stores.

The combined Rateable Value is £22,455.

All interested parties are advised to make their own enquiries with the Valuation Office Agency to verify the current rateable value.

TERMS

Offers are invited in the region of £350,000 for the freehold interest with vacant possession upon completion.

The property is VAT exempt.

LEGAL COSTS

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

Brochures

CAPITAL HOUSE, 18 BURY STREET, STOWMARKET, Suffolk , IP14

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stowmarket Station0.2 miles
  • Needham Market Station3.5 miles
  • Elmswell Station4.9 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 commercial property agents, estate agents and Chartered Surveyors, with a reputation for providing the highest level of customer care.

Our commercial property agents offer an unrivalled range of professional skills and local market knowledge and we aim to provide industry-leading levels of service. We represent a wide spectrum of clients, including investors and developers, landlords and tenants, property companies, pension funds, business owners and private individuals. 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.

We have an unequalled presence throughout Essex and Suffolk with offices in the major hubs of Chelmsford, Colchester, Colchester Business Park and Ipswich - as well as branches in Sudbury, Woodbridge, Witham, Stanway, Felixstowe, Kesgrave and Manningtree.

Notes

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Disclaimer - Property reference 14870805FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Fenn Wright, Ipswich Commercial Sales and Lettings. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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