About this property

Key Features

Freehold with vacant possession
Allocated for residential housing in latest Local Plan
Most recently used as a storage and distribution depot
0.52 acres (0.21ha) of strategic land

Description

The property comprises a well located site close to the regenerated Ipswich water front. It has been in the same family ownership since the 1950's and originally comprised a number of back-back terraced houses which were subsequently cleared to establish a storage and distribution depot for the successful J J Wilson (Ipswich) Limited business. The site currently features a pair of large portal frame buildings and a generous concrete forecourt. This flexible site is likely to appeal to commercial buyers and residential developers alike.


Tenure

Freehold with vacant possession

Location

The site is ideally positioned less than 200mtrs to the east of the Neptune Marina and the new University of Suffolk campus, whilst also being less than a quarter of a mile from the retail centre of Ipswich. The land has good access to the main line railway station which connects directly to London Liverpool Street, and also the A14 trunk road.

Auctioneers Note

The Vendors have previously commissioned drawings for potential residential schemes, details of which can be found within the Legal Pack. Please note that these have NOT been approved by the Planning Authorities, and are therefore for illustration purposes only.

Lot Type

Land

Planning

The property has been allocated within the latest Ipswich Borough Council Local Plan under Ref. IP066 for residential use. The Local Plan, adopted in February 2017, specifically mentions the J J Wilson site within an allocation of up to 18 residential houses. Full details of the allocation can be found on Ipswich Borough Council’s website www.ipswich.gov.uk/content/adopted-ipswich-local-plan-2011-2031.

Legal Packs

www.cheffins.co.uk/auctions/property-auctions or Barker Gotelee Solicitors, 41 Barrack Square, Martlesham Heath, Ipswich, IP5 3RF Tel: 01473 617349 Ref: DF

Viewing

Cheffins Property Auction Dept 01223 213777


Important notes

*Guide prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set up to or within the Guide Range or no more than 10% above a single figure Guide. The reserve price will remain confidential between the seller and the auctioneer.

Fees: The guide price excludes any additional fees that the purchaser may incur, to include, but not limited to, Buyers Contract fee, Stamp Duty Land Tax, VAT, legal and search fees etc. Please refer to relevant Auction Legal Packs for details.�