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    Key features

    • To be Offered on Tuesday 10 February
    • Leasehold
    • Former Restaurant
    • Comprises 3,028 sq.ft (282 sqm) arranged over ground and first floor.
    • Attractive waterfront Marina Location with Marina Views
    • Approximately 90 indoor covers and 44 outdoor covers
    • Asset management via letting or potential development (STTP)
    • Vacant

    Description

    The property forms part of an established former warehouse built circa 1800s which sits on the former Ipswich Docks overlooking the marina. The former restaurant comprises 3,028 sq.ft (282 sqm) arranged over ground and first floor and accommodates 90 indoor covers.

    We have also been advised by the seller that the upper level has been the subject of a planning pre-application for change of use to be a two bedroom flat and the seller has received a positive response from Ipswich Borough Council subject to all necessary consents being obtainable.

    The property is located on the popular leisure marina amongst a plethora of restaurants and desire destinations. It forms part of Ipswich Town Centre, where nearby operators include Pizza Express,Nandos, McDonalds, Premier Inn , and Cineworld.


    Additional information

    Tenure

    Leasehold

    125-year lease from 14th July 2014 subject to a peppercorn ground rent


    Accommodation

    3,028 sq.ft (282 sqm) arranged over ground and first floor

    Planning

    A pre-application had been submitted for the change of use of the first floor of the two storey bar/restaurant to a two bedroom, first floor flat under reference IP/23/00026/PREAPP dated 13th June 2023. Further information will be available to download from the Clive Emson website.

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard.


    Please refer to the legal pack.Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      The Waterfront Bistro is located at 15 Regatta Quay, Key Street, Ipswich, Suffolk, on the Ipswich Waterfront near the wet dock and marina.The surrounding area includes a mix of restaurants, bars, cafes and residential buildings along Regatta Quay and Key Street. Ipswich town centre, with shops and services, is within walking distance.


      Public pay-and-display parking is available at nearby waterfront car parks and on surrounding streets.

      Transport

      Ipswich Station with direct services to London Liverpool Street, Norwich and Cambridge. - 0.6miles

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums