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    Key features

    • To be offered on Wednesday 16 September
    • A freehold mid terrace three storey property
    • An approx. 9,833 sq ft
    • Low capital value of £26.95 per a sq ft on guide price
    • Asset management potential in its current use
    • Development potential to convert the upper floors into a number of dwellings (subject to the requisite consents)
    • Benefits from rear access and rear loading bay
    • Vacant

    Description

    The property comprises a three-storey retail building, formerly a popular Argos store, offering a spacious ground floor retail area, with a rear loading bay and rear access.

    The upper floors offer spacious accommodation, which would be suitable for storage. 

    Nearby occupiers include Job Centre, Greggs, Bon Marche, Peacocks and a number of independent retailers and lifestyle stores. 

    The property is located in a prominent position in Felixstowe’s main retail / leisure thoroughfare. There are is parking for loading at the front of the premises, and limited free on-street parking is available in nearby Sea Road, Hamilton Road and other adjoining streets. Paid surface parking is available just a short distance away in Ranelagh Road. 

    Additional information

    Tenure

    Freehold

    Tenancy

    Vacant

    Notes

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

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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

      Felixstowe is a busy holiday/market town, which enjoys excellent road communications via the A14 which in turn links to the A12, and thereby gives access to the motorway network via the M11/ M25. Cambridge/the M11 is approximately 72 miles to the West, with London/the M25 circa 70 miles to the south west.Felixstowe is home to the Port of Felixstowe, the UK’s largest container port, and the town hosts a large number of logistics offices, hauliers, freight forwarders and associated port/maritime industries.

      Transport

      The property is well situated in Felixstowe town centre, approximately 0.5 miles from Felixstowe railway station, which provides direct services to Ipswich and connecting routes to London Liverpool Street. The A14 is easily accessible, linking to Ipswich, Cambridge and the wider national motorway network, while the Port of Felixstowe is located approximately 2 miles to the south-west.

      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.

      •Some properties might be open to offers prior to auction. Exchange will take place, subject to contract and no higher offers, on auction terms and as per the legal pack. Please contact the auctioneer with your best and final offer, their details can be found on each lot page.

      •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