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  • Previous planning consent for development of 14 apartments with parking
  • May suit other uses (subject to planning)
  • Within walking distance of the town centre
  • For sale freehold, offers in excess of £400,000

Full Description

This is an opportunity to acquire a prominent residential development site, within walking distance of the town centre and close to all amenties.

The site is prominently located on Greyfriars Road immediately adjacent to the Cardinal Park Leisure Scheme on Grafton Way, and close to the town centre and Waterfront. Occupiers at Cardinal Park include: Kfc, ugc Cinema, McDonalds, Liquid Nightclub, Ask Restaurant, Old Orleans, Amanda's Hair Gallery, Gym & Trim, Golden Dragon and Punch & Judy.

Ipswich is the administrative and county town of Suffolk and is one of the principal commercial and financial centres of East Anglia. The town lies on the River Orwell, approximately 70 miles north east of central London, 55 miles south east of Cambridge, 43 miles south of Norwich, and 18 miles north east of Colchester. Major roads in the area include the A12, which provides dual carriageway access to the A14, providing a principal link from the Port of Felixstowe to the East Midlands.

Accommodation
Site Area Approx - 0.06 hectare 0.16 acre

Terms and Tenure
The site is available for sale freehold, and offers are invited to be made to the sole agents.

Planning
Outline Planning Permission was granted in 2004 for the erection of a two storey building incorporating 14 two bedroom flats with 14 car parking spaces. The flats range in size from 61-81 sq m (656-871 sq ft).

The above planning consent has now expired, and we understand that if an application for a similar scheme was to be submitted, it is likelly that the Local Authority would grant Planning Permission again.

Outline Planning Permission was also granted in 2004 for the erection of a new public house/restaurant including new vehicular access.


VAT


The site is not elected for VAT.

Viewing
Please contact us on 01473 211933 if you wish to arrange a viewing appointment for this property, or require further information.

Disclaimer
Penn Commercial endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.

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