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53 Buttermarket, Ipswich, Suffolk IP1 1BJ

Guide Price
£180,000
Auction House, East Anglia
PROPERTY TYPE

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Key features

  • Town centre commercial investment
  • 2,200 sq ft 3 storey building (including basement)
  • Annual rent of £25,000
  • Excellent investment opportunity
  • Guide price: £180,000 to £220,000
  • For sale by livestream auction
  • 10:00am, Wednesday 25th March 2026

Description

FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 25th MARCH 2026 AT 10:00AM
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE

A prominent town centre commercial investment

Situated along the busy Buttermarket in Ipswich town centre is this 3 storey (plus basement) retail premises extending to approximately 2,200 sq ft overall.

The property is let to Oxfam on a 10 year lease from June 2010 and is now holding over under the 1954 act at an annual rent of £25,000.

With a gross annual yield equating to nearly 14% based on the low end of the Guide Price there's no doubt this is an excellent investment opportunity.

Tenure: Freehold

EPC Rating: C

Administration Fee: £1200 inc VAT payable on exchange of contracts.

Buyer's Premium Fee: £1500 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.

53 Buttermarket, Ipswich, Suffolk IP1 1BJ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ipswich Station0.7 miles
  • Derby Road Station1.2 miles
  • Westerfield Station1.7 miles
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About Auction House, East Anglia

The Barn Newmarket Road Cringleford Norwich NR4 6UE
Industry affiliations:

Why Use Auction House East Anglia?

Auction House East Anglia is an award-winning auctioneer with offices in Norwich, Ipswich, King's Lynn, Peterborough, Leigh-on-Sea and Cambridge. We are the largest and most successful property auctioneer in the region, having sold 628 lots and raised £112 million for our clients in 2025.

Our team are equipped with local expert knowledge and experience that enables us to assist everyone from Brancaster to Braintree, Harlow to Huntingdon, and Spalding to Southwold. We hold regular livestream auctions throughout the year, which seamlessly blend the traditional auction experience with modern technology to make buying and selling under the hammer even more accessible. In addition to our livestream auction, we also offer our highly successful weekly online auctions, where bidding opens every Monday at 1pm for 24 hours.

Notes

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Disclaimer - Property reference 202602161509sq_5n1q. 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 Auction House, East Anglia. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, East Anglia on 01603 361653.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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