Commercial property for sale in Ipswich, England

For sale by auction on 07/05/2025 at Live Broadcast Auction  Lot Number 6  24 St. Margarets Plain, 56 St. Margarets Street & 2 Soane Street Ipswich Suffolk IP42BA  Guide Price: £225,000 - £250,000  Presenting a captivating landmark building steeped in history, this Grade II listed gem exudes timeless charm. Rich in period features both inside and out, its allure is unmistakable. Meticulously maintained, its beauty shines through upon inspection. Nestled in the town centre, it offers a prime location for a strong investment. With multiple income streams, including two one-bedroom flats currently let on ASTs and ground floor and first-floor offices under lease, it ensures stability and potential. Don't miss this opportunity to own a piece of history while securing a robust investment in a coveted location.  Tenure: Freehold  Tenancy: Offices - 10 Year lease from Feb 22 56 - AST Jun 22 now periodic 2 - AST from Nov 23 now periodic  Current Yield: Offices - £11,970 pa 56 - £500 pcm / £6,000 pa 2 - £550 pcm / £6,600 pa Total - £24,570 pa  LANDMARK BUILDING GRADE II LISTED PERIOD FEATURES TOWN CENTRE LOCATION MULTIPLE INCOME STRONG INVESTMENT WELL MAINTAINED TIMELESS CHARM  Open viewings have been arranged for:  By appointment with the Auctioneers  Vendors Solicitors Ms Sian Taylor Birkett Long LLP 1 Amphora Place Sheepen Road Colchester CO3 3WG  How is this property being sold? This property is being sold via a traditional live-streamed AUCTION. To participate, you’ll need to attend the scheduled open viewing, review the Legal Pack available on our website, and ensure your finances are in order, or be ready to proceed without funding.  Properties are sold subject to reserve prices and are chain-free, meaning contracts are immediately exchanged when the hammer falls. If successful, a 10% deposit is required on the same day, with the remaining 90% due upon completion, typically within 28 days. Guide prices reflect the vendor's minimum expectations, and bidding can be done online, by phone, or via proxy.  We don’t charge any Buyers Premium or hidden fees; only a fixed administration fee of £1,200 is applied upon a successful purchase. For any questions about the auction process, please contact our office. Brochures Full CatalogueViewing TimesCommon Auction ConditionsBuyers Guide to AuctionLegal Documents

Commercial property for sale in Ipswich, England

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