Savills | 64-70 Foundation Street, Ipswich | Property for sale
0.10 Ac(0.04 Ha)
Guide price £450,000

64-70 Foundation StreetIpswich

  • Under offer

Key features

  • Building with a change of use to 8 apartments
  • Prominent centre of town position
  • Freehold sale with vacant possession
  • Building GEA 660 Sqm (7,104 sqft)
  • Guide Price £450,000
  • Sale by Private Treaty

Permitted development opportunity within the centre of Ipswich

About this property

  • 64 – 70 Foundation Street is part 1970s and part period, which is now vacant with the previous tenant using the building as a non-residential institute under the use class order D1, before this it was used as an office. The building is set over three floors served by a lift and had a significant amount of refurbishment 10 years ago. To the rear is a courtyard and parking area, accessed from Lower Brook Street. Prospective purchasers are to rely on their own investigation into the condition of the building.

Local information

  • The site is to the north of Ipswich Waterfront, the largest single regeneration project in the East of England and the focus of huge commercial, cultural and institutional investment and now the regional home for Dance East and University Campus Suffolk. The Waterfront comprises a variety of residential apartments and mixed leisure and professional occupiers. There are 3 hotels: Premier Inn, Travelodge and the four star Salthouse Harbour Hotel, together with Isaacs public house and microbrewery. The University of Suffolk is located on the Waterfront together with a 600 unit student accommodation. Key Street links The Waterfront with the town centre via Foundation Street and Lower Brook Street where a varierty of shops, restaurants and amenities can be found.

Additional information

  • An apartment scheme within the centre of Ipswich as per the granted planning consent IP/19/00497/FUL received on the 29.05.2019. The planning permission is for the change of use from D1 to 8 apartments (C3) set over 3 floors. The accommodation schedule is for 3 x one bedroom and 5 x two bedroom flats. To the rear will be 5 parking spaces, 10 cycle spaces and an outdoor courtyard, accessed via Lower Brook Street.

Energy performance

67(C)