12 Northgate Street, Ipswich, Suffolk IP1 3DB
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Grade II Listed building over 3 floors plus basement storage
- Town centre loctation
- Restaurant let at a rent of £12,000 per annum exclusive
- First and second floor vacant
- Capable of redevelopment S.T.P.P
- Guide Price: £220,000
- For sale by livestream auction
- Unless previously sold or withdrawn prior
- 10:00am, Wednesday 9th December 2026
Description
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 9TH DECEMBER 2026
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS, PLEASE VISIT OUR WEBSITE
Commercial building set over three floors in Ipswich Town Centre.
Grade II Listed building arranged over three floors with basement storage. The ground floor is let as a restaurant, while the first and second floors offer eight vacant offices with a separate entrance from Northgate Street.
The offices have been refurbished with new carpets, decoration, LED lighting, gas central heating, a fitted kitchen and WCs.
The upper floors offer potential for redevelopment (subject to planning permission) or immediate occupation, either together or separately. The property is generally in good condition but would benefit from some modernisation.
Business Rates Basement: Rateable Value £1,975
Ground Floor: Rateable Value £11,500
1st Floor: Rateable Value £8,300
2nd Floor: Rateable Value £5,300.
As the property is Grade II Listed, empty rates will not be payable. All interested parties should contact Ipswich Borough Council on .
Ground floor restaurant Let on a 10-year lease from August 2021 at a rent of £12,000 per annum exclusive.
149.66 sq m / 1,611 sq ft
First and second floor 1st Floor: 111.75 sq m / 1,203 sq ft
2nd Floor: 96.07 sq m / 1,034 sq ft
Location Situated on Northgate Street in the town centre, the property is within easy walking distance of the County Library, main shopping streets of Tavern Street and Westgate Street, local amenities and public car parks.
Tenure: Freehold
EPC Rating: B
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.
12 Northgate Street, Ipswich, Suffolk IP1 3DB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Ipswich Station0.7 miles
- Derby Road Station1.2 miles
- Westerfield Station1.6 miles
Notes
Disclaimer - Property reference 202611031549sq_s8g6. 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, Norwich. 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, Norwich on 01603 361707.
*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.”