Savills | St. Clare House, Princes Road, Ipswich | Property for sale
0.43 Ac(0.17 Ha)
Price on application

St. Clare HousePrinces Road, Ipswich

  • Freehold

Key features

  • Eleven storey office block in Ipswich town centre.
  • Attractive central Ipswich location.
  • Potential to be converted to residential uses.
  • Office block floor area NIA 81,874 sq ft.
  • 32 car parking spaces.
  • Total site area extends to approximately 0.43 acres (0.174 hectares).
  • Vendor will consider different methods of purchase.
  • Freehold with vacant possession upon completion.

Eleven storey office block in Ipswich town centre with potential to be converted to residential uses, via permitted development, subject to planning.

About this property

  • The Property offered extends to approximately 0.43 acres (0.174 hectares). The Property currently comprises a purpose built office building arranged over podium, mezzanine, ground and 11 upper floors. The Property was built in the 1960’s and was refurbished and re-clad in the 1980’s. The building is of a reinforced concrete framed construction, with elevations predominantly clad in rainscreen cladding and curtain walling, with facing brick work at the lower levels. The roofs to the property are generally flat and are weathered with a single ply membrane. Within the building, the upper floors are laid out to a consistent plan and comprise open plan office suites, with male and female WCs situated on each floor level opposite the stairwell and elevators. The upper floors are accessed via two escalators at street level which lead to the first floor offices and to the three 18 person passenger lifts. Internal finishes generally comprise suspended ceilings, recessed lighting, perimeter trunking, painted and plastered walls, carpeting, and central heating. A single disabled W.C is provided at upper ground level. Vehicular access is from Chalon Street, off Princes Street and pedestrian access is from Princes Street. A small car park is provided to the front of the Property, as well as beneath the building, which also provides access to a neighboring property. There are 32 car parking spaces to the rear of the Property. The Property is situated on the south eastern side of Princes Street to the south west of Ipswich Town Centre. Vehicular access is from Chalon Street, off Princes Street, with pedestrian access via Princes Street. The main shopping area is approximately 5 minutes’ walk away, with Princes Street leading to the town’s main high streets, Tavern Street and Buttermarket . In terms of transport connections, Ipswich Bus Station is located approximately 450 m to the north east and Ipswich Rail Station is 540 m to the south west. Ipswich Station provides mainline services to London Liverpool Street and to Norwich mainline services or for services to Cambridge and Peterborough. The fastest approximate journey time from Ipswich to London is 1 hour and 10 minutes.

Local information

  • Ipswich is the county town of Suffolk. It is located on the estuary of the River Orwell and over the last ten years there has been extensive development centred around the former industrial docks known as the waterfront. Despite a number of attempts for city status, Ipswich remains a town with a resident population of 133,384 (2011 census). However, it has a primary catchment population of approximately 386,000.
  • The town is well connected by road: the A14 trunk road provides motorway networks to Cambridge (approximately 52 miles to the west), Norwich (approximately 42 miles to the north west) and also to the rest of East Anglia and the UK. The A14 provides links to the largest container port in the UK, Felixstowe Port, which lies circa 15 miles to the east. The A12 gives the most direct link to London (approximately 70 miles to the south west) whilst also offering access to the north east, Lowestoft, other small market towns and the Heritage Coast.

Additional information

  • The Property has the potential for permitted development for the change of use from offices (Ec) to residential (C3). Alternative redevelopment options also exist subject to planning. The vendor had Church Lukas architects design several indicative layouts to show how the building can convert into residential accommodation. The layouts show how the existing office floors can be converted to both private residential dwellings and HMO use. The vendor would be interested in a lease back of the first three office floors of the Property, as these are over looked and are not suitable for residential conversion. Further information on the indicative schemes can be found in the data room. The vendor would consider a lease back of the lower three floors, giving the purchaser ability to focus on a conversion from the 4th floor upwards.

Energy performance