For Sale – Development Opportunity - Approx 12.1 acres (4.9 ha) - London Road, Ipswich
The site comprises a regular and relatively level parcel of land fronting London Road (A1214) which is the main arterial route into the centre of Ipswich from the south west.
The site is in close proximity to the Interchange Retail Park where occupiers include Curry’s PC World, B&M Homestore, Pizza Hut and Costa. Adjacent to the retail park is a Tesco Extra and a Burger King drive-thru together with one of the town’s Park & Ride facilities. In addition, there is a Holiday Inn hotel within a few hundred metres of the site. On the opposite side of London Road is an Aldi discount supermarket, Ipswich Veterinary Centre and the Chestnut Tree Farm pub/restaurant, together with Suffolk One Sixth Form College.
The site was granted permission for commercial use as part of a wider planning application which included 475 homes on land to the rear. The houses are now being delivered by Taylor Wimpey. A new access road with an all-directions traffic light controlled junction to London Road has been constructed.
All mains services are provided to the boundary of the site and a 2.85 MWA electricity supply will be provided by the seller.
Land immediately to the west, known as Interchange 55, was granted outline planning consent for industrial uses in December 2022.
With a frontage of approx. 240m to London Road the site is highly prominent and has potential for a wide variety of commercial, leisure and retail uses, subject to obtaining the necessary consents.
The site has planning permission dated 29th August 2018 under reference B/15/00993/FUL, for a hybrid permission. The outline permission is for 29.7ha of mixed-use development, comprising: - up to 475 dwellings (full planning permission on part) and employment land, to include A3
restaurants and cafes), A4 (drinking establishments), A5 (hot food takeaways), D1 (nonresidential institutions), D2 (leisure including cinemas) and sui
generis uses. The permission is implemented and access from London Road (A1014) has been constructed.
Post permission discussions on retail use (A1) for an occupier were supported by Babergh Council (correspondence available on request). Eg (i, ii, iii)/B2/B8 uses have been granted on the adjoining site with both Economic Development and the planning committee supportive of a change to these uses on site as it is allocated in the Core Strategy (CS7) for employment.
Mains water, electricity, gas and drainage are available to the boundary of the site. Interested parties are advised to make their own enquiries of the relevant service providers.
Existing Wayleaves, Easement and Rights of Way
The site is to be sold subject to and with the benefit of all wayleaves, easements and rights of way, whether or not mentioned in this marketing brochure.
Each party is to be responsible for their own legal costs incurred in the transaction.
The site is available freehold on either an unconditional or conditional basis.