November 2021: Wednesday 10 November 2021 - 9:00am
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    Key features

    • 1.8 acre site close to Neptune Marina and Suffolk University
    • A former Brewery Building (Grade II listed), Public House and detached house on site
    • Historic planning permission with adjoining site
    • Potential for mixed use and residential development (subject to consents)
    • Car park let on license at £7,999.92 per annum

    Additional information

    Tenure

    Freehold

    Accommodation

    Detached Pub-Gross internal floor areas (approx)

    Ground Floor 290 sq mt (3,120 sq ft)

    First Floor 238 sq mt (2,560 sq ft)

    Second Floor 65 sq mt (700sq ft)

    Total 593 sq mt (6,380 sq ft)


    Fire damaged former brewery Gross internal floor areas (approx)

    Ground Floor 752 sq mt (8,091 sq ft)

    First Floor 752 sq mt (8,091 sq ft)

    Second Floor 752 sq mt (8,091 sq ft)

    Third Floor 180 sq mt (1,936 sq ft)

    Fourth Floor 180 sq mt (1,936 sq ft)

    Basement 56 sq mt (602 sq ft)

    Total 2,672 sq mt (28,747 sq ft)


    Three bedroom house Gross Internal Floor areas (approx)

    Ground Floor 96 sq mt (1,032 sq ft)

    First Floor 69 sq mt (742 sq ft)

    Second Floor 57 sq mt (613 sq ft)

    Total 222 sq mt (2,388 sq ft)


    Car park in front of pub


    Tenancy

    The car park in front of the pub is let on a license agreement at £666.66 per calendar month (determined by 30 days notice)


    Planning

    The site is sold with a historic outline planning for this and the adjoining site ref (15/01040/OUT) dated 4th of September 2019


    Mixed use development to comprise 222 residential units transport museum (3,232 sq m) commercial employment space B1 and B8 (1,062 sq m) convenience store (410sq m) cafe (188 sq m) health club (1,004 sq m) anf 375 parking spaces(130 surface and 245 multi storey and undercroft spaces)

    Rent

    Total current rent £7,999.92 per annum

    Notes

    The sale is subject to VAT


    Please note this property is on the local council Buildings at Risk Register.


    The property is considered to be in a dangerous state of repair and as such internal viewings will not be possible


    Joint agent

    Panayiotis Themistocli BSc(Hons) MRICS

    AssociateDirector

    M: 07973 856232

    E: Panayiotis.Themistocli@agg.uk.com

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      Local information

      The property is situated on the West side of the River Orwell fronting Cliff Road and close to its junction with Toller Road

      Shopping facilities are available locally within the Ipswich Waterfront regeneration area comprising hotels galleries bars restaurants and hotels whilst Ipswich Town centre is less than a kilometre away to the South East Suffolk University lies a short distance away and Neptune Marina is less than 300 yards to the North.

      Recreational facilities can be found locally and to a greater extent at Holywells Park and Landseer Park which are both conveniently close by

      Nearby road communications are via the A14 and A137

      Transport

      National Rail - Ipswich

      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.

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      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.

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