1, 1A & 1C Norwich Road and 2 & 2A Clarkson Street, Ipswich, Suffolk IP1 2ET
- PROPERTY TYPE
Shop
- SIZE
Ask agent
Key features
- Mixed use investment
- 2 retail units (1 vacant)
- 3 tenanted 1 bedroom flats
- 4 parking spaces
- High profile location
- Over £29,000 current income
- Guide: £300,000 - £350,000
- For sale by online livestream auction
- Unless previously sold or withdrawn prior
- 11:00AM Wednesday, 11th September 2024
Description
SOLD PRIOR TO AUCTION
Mixed use investment comprising 2 retail units, 3 fully refurbished 1 bedroom flats and 4 parking spaces
Unique investment opportunity on western fringe of the town centre
This is a substantial mixed use investment comprising 2 retail units, 3 fully refurbished 1 bedroom flats and 4 parking spaces.
The larger vacant retail unit incorporates a triple aspect sales area, an office/storage room and a dry basement room, whilst the leased adjoining unit trades as a beauty salon.
The 3 flats have all been refurbished to a high standard and are let to established tenants on Assured Shorthold Tenancies.
The current annual rent return exceeds £29,000 which can be further enhanced through the letting of the larger retail unit or the purchaser may choose to establish their own business.
This is without doubt a particularly rare opporunity and passing it over could result in a long wait for something of a similar nature.
EPC RATINGS 1 Norwich Road = C, 1a Norwich Road = E, 1c Norwich Road = D, 2 Clarkson Street = E, 2c Clarkson Street = C
Viewing Open Viewings have been scheduled as follows:
Thurs 22nd August at 10.00am
Wed 28th August at 2.30pm
Tues 3rd September at 10.30am
BOOKING AN APPOINTMENT IS ESSENTIAL
Please call to make arrangements
Tenure: Freehold
Administration Fee: 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Buyer's Premium Fee: £1440 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.
1, 1A & 1C Norwich Road and 2 & 2A Clarkson Street, Ipswich, Suffolk IP1 2ET
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Ipswich Station0.7 miles
- Westerfield Station1.7 miles
- Derby Road Station1.7 miles
About Auction House, Covering East Anglia
The Barn Newmarket Road Cringleford Norwich NR4 6UE
Market position
Auction House East Anglia are firmly established as East Anglia's no.1 property auctioneers (based on lots sold) and we sell over 80% of lot entries in our local auctions. We hold regular auctions in Norfolk and Suffolk and Cambridgeshire and have offices in Norwich, Kings Lynn, Peterborough and Ipswich.
Trusted BrandAuction House East Anglia is part of the Auction House UK group of 40 regional auction rooms covering England, Scotland and Wales; the network sells more properties 'under-the-hammer' that any other auctioneer and are multi award winners.
More auctionsAuction House East Anglia hold 7 regional auctions per year, providing sellers short sale lead in times and more opportunity to sell, as well as weekly national auctions.
Expert property auctioneersAuction House East Anglia is directed by Bryan Baxter as its resident auctioneer. Bryan's team is highly skilled and knowledgeable, ensuring that accurate advice is provided to sellers around Reserve and Guide Price setting. Bryan is also a regular 'celebrity' auctioneer featuring on the TV program Homes Under The Hammer.
Types of property we sellWe sell residential and commercial property and land, including land and tenanted investments.
Help & adviceFriendly free advice without obligation and that includes auction valuations. We visit all properties when providing advice this ensures accuracy
Open House ViewingsWe organise attend three to four viewing sessions at each property lot entered into auction. This approach ensures we meet prospective buyers and creates the multiple viewing system creates prospective purchaser competition
Areas coveredNorfolk, Suffolk, Cambridgeshire, North Essex and South Lincolnshire
Powerful marketingIn order to get the best price each property needs effective promotion on the market, so we use the major UK property portals and our own auctionhouse.co.uk/estanglia website. Properties are also marketed via local and regional press such as the Eastern Daily Press, the Peterborough Telegraph, Your Local Paper and the East Anglian Daily Times
Choice of auction methodAuction House East Anglia provides non-conditional (immediate exchange) local and online auctions and conditional (flexible exchange) online auctions. The auction team will provide advice on the most suitable method of auction for your property or land.
Notes
Disclaimer - Property reference 202408271628sq_ml6h. 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, Covering East Anglia. 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, Covering East Anglia on 01603 361653.
*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.”
Map data ©OpenStreetMap contributors.