0.52 acres of strategic land allocated for residential housing in latest Local Plan
21 Jun 2017 | 02:00 PM
Result:
Sold after auction for an undisclosed amount
Freehold
0.52 acres of development land at, White Elm Street, Ipswich, Suffolk, IP3 8BA
Lot 9
Result: Sold after auction for an undisclosed amount
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
IMPORTANT: Cheffins would like to inform prospective purchasers that these sales particulars have been prepared as a general guide only. A detailed survey has not been carried out, nor the services, appliances or fittings tested. Room sizes should not be relied upon for furnishing purposes and are approximate. If floor plans are included, they are for guidance and illustration purposes only and may not be to scale. Images may have been digitally edited for illustration purposes. If there are any important matters likely to affect your decision to buy, please contact us before viewing the property.
*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.