1 mile south of the town centre and 900 metres south of Suffolk University
Approximately 0.72 hectares (1.79 acres)
Lot 49
Auction 23rd May 2019
Vacant Possession
Status Sold Prior
Price
Sector Development
Auction Venue The Montcalm Hotel 2 Wallenberg Place London W1H 7TN
On behalf of Mortgagee
Property Information
Location
Miles
1 mile south of Ipswich town centre
19 miles north-east of Colchester
54 miles south-east of Cambridge
65 miles north-east of London
Roads
A12, A14
Rail
Ipswich Railway Station
Air
London Stansted Airport
Situation
The property is prominently situated on the east bank of the River Orwell, 1 mile from the town centre, 900 metres from Suffolk University and 300 metres from the major Neptune Marina with modern residential blocks and leisure uses.
The Ipswich Waterfront has undergone considerable regeneration over the years and has been transformed into a bustling leisure district, home to restaurants, hotels, galleries and shops.
Tenure
Freehold.
Location
Miles
1 mile south of Ipswich town centre
19 miles north-east of Colchester
54 miles south-east of Cambridge
65 miles north-east of London
Roads
A12, A14
Rail
Ipswich Railway Station
Air
London Stansted Airport
Situation
The property is prominently situated on the east bank of the River Orwell, 1 mile from the town centre, 900 metres from Suffolk University and 300 metres from the major Neptune Marina with modern residential blocks and leisure uses.
The Ipswich Waterfront has undergone considerable regeneration over the years and has been transformed into a bustling leisure district, home to restaurants, hotels, galleries and shops.
Tenure
Freehold.
Description
The property comprises a substantial riverside former brewery and a former public house building on a site of approximately 0.72 hectares (1.79 acres). The former brewery building is Grade II listed and currently in a state of disrepair. The property may be suitable for residential redevelopment (subject to consents). Note (1)
The car park is currently let on licence until 18th March 2020 at a fee of £500 per calendar month.
VAT
VAT is applicable to this lot.
Planning
The property may be suitable for residential and mixed use redevelopment and had historic outline planning consent under Ref 15/01040/OUT for 222 residential units and commercial space with the adjoining site.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a substantial riverside former brewery and a former public house building on a site of approximately 0.72 hectares (1.79 acres). The former brewery building is Grade II listed and currently in a state of disrepair. The property may be suitable for residential redevelopment (subject to consents). Note (1)
The car park is currently let on licence until 18th March 2020 at a fee of £500 per calendar month.
VAT
VAT is applicable to this lot.
Planning
The property may be suitable for residential and mixed use redevelopment and had historic outline planning consent under Ref 15/01040/OUT for 222 residential units and commercial space with the adjoining site.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
