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Lot 7
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Ship Launch Inn, Cliff Road, Ipswich, Suffolk, IP3 0AX

Sold for £205,000
Vacant Freehold... p/p for 4x 2-storey maisonettes on Wet-Dock

Property Details

Description

This property, formerly a pub and more recently a Chinese restaurant, is located on the edge of Ipswich’s expanding Wet Dock, offering a prime redevelopment opportunity. The current owners have obtained planning permission to convert it into four two-bedroom, two-storey maisonettes. However, its potential extends beyond this approval, with possibilities for commercial use, multiple occupancy, or even a complete redevelopment, subject to the necessary planning consents. Additionally, this lot includes an adjacent parcel of land ideal for parking and with strong, long-term prospects. This versatile property presents an exciting prospect for an astute entrepreneur looking to capitalise on its strategic location and potential for various future developments. A unique chance to invest in an evolving area.

Key Features

  • FREEHOLD PREMISES
  • NEAR IPSWICH DOCK
  • P/P 4x 2-BED UNITS
  • HMO POTENTIAL (STP)
  • COURTYARD & GARAGES
  • FREEHOLD PARKING
  • POT. FOR REDEVELOPMENT
Tenure

Freehold

EPC

TBC

Viewing

By appointment with the Auctioneers

Solicitors

Mr Mark Hayward
Hayward Moon Property Lawyers
Connexions
159 Princes Street
Ipswich
IP1 1QJ

Planning Ref.

IBC - 21/01062/FUL

Location

Ship Launch Inn, Cliff Road, Ipswich, Suffolk, IP3 0AX

*Guide prices are provided as an indication of a vendor’s minimum expectation and the level at which the reserve is set. Properties may not always sell within this guide and this figure may change at any time prior to the auction. The sale price will be dependent upon bidding in the auction room and on the Vendors’ instructions.

Reserve Price Each property will be sold subject to a reserve price, which will be set within, or below, the guide price range or no more than 10% above a single figure guide. This is a confidential figure set between the Vendor and the Auctioneer and is a figure below which the Auctioneer cannot sell the property.

Additional Fees All buyers are liable to pay an Administration Charge of £1,200 inclusive of VAT. Other fees disbursements may also apply, therefore before making a purchase, please refer to the Legal Pack and Special Conditions.