Redevelopment Opportunity Suffolk IP4 £750,000 - £850,000 UNSOLD, CONTACT AUCTIONEER FOR RESERVE PRICE/AVAILABILITY STATUS

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Auction date: Wed, 25/05/2016 - 17:30

A substantial 4 storey landmark building extending to around 20,000 sq ft and offering a unique redevelopment opportunity together with an immediate income from 2 tenanted retail units. Planning Permission has been granted for conversion to provide 1 studio, 2 x 1 bedroom and 13 x 2 bedroom individual flats as well as 3 ground floor commercial units with A1, A2 and A3 uses. The 2 tenanted shops provide an annual yield of £25,200. A fabulous opportunity the nature of which only rarely presents itself to the market.

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Tagged
tenant suffolk shop retail planning landlord ipswich IP4 investment east england development buy to let

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