- For sale by Informal Tender
- Offers to be submitted by 12 noon 21st January 2022
- 0.62 acre brownfield site
240 Wherstead Road offers an opportunity to purchase a brownfield site with development potential (STP) within close proximity of Ipswich Town Centre.
About this property
240 Wherstead Road comprises a former commercial premises with an area of hard standing with frontage to Wherstead Road approximately 0.62 acres in size. The surrounding area comprises predominantly residential dwellings, in addition to the port of Ipswich. The southern boundary forms part of the Ipswich docks railway line.
LOCATION AND SITUATION
The site is located close to Ipswich Town Centre with good access off Wherstead Road and within close proximity to transport links and local amenities.
The A12 and A14 roads are approximately 1 mile away which provide access to London (A12) and the Midlands (A14). There are main line train services from Ipswich Railway Station (approx. 1 mile from site) direct to London Liverpool St (approx. 80 minutes travel time) and London Stratford for Crossrail.
TOWN AND COUNTRY PLANNING
The site lies within the development envelope of Ipswich and has been recognised within the Ipswich One area action plan as being potentially suitable for the provision of 20- 27 residential units, subject to the necessary planning consents. Interested parties should make their own enquiries of the local authority.
METHOD OF SALE
The property is offered for Sale by informal tender. Offers should be made in writing and submitted to the vendors agent by 12 noon on 21st January 2022. Envelopes should be clearly marked "Wherstead Road Offer", for the attention of Nicholas Staton. Offers made by email will be accepted and should be sent to email@example.com. Unconditional offers should be made in pounds sterling and no reference should be made to other offers. The office should contain the following: -
1. Details of the purchases solicitor.
2. A letter of confirmation from a bank or financial advisor confirming that funds are available to exchange contracts in the required time scale.
3. Confirmation that main board approval has been given when necessary.
4. The vendors reserve the right not to accept the highest offer or any other offer received.
The property may benefit from Small Business Rates Relief which may reduce the rates payable. Please contact the agents for more information.
We believe the property benefits from mains water and electricity connections; however, we have not undertaken any testing or investigations. Interested parties are advised to make their own enquiries.
Purchasers should rely on their own investigations to determine the location of any underground services at the site.
Strictly by appointment with Brown and Co.
Nicholas Staton BSc (Hons) MRICS
T: 01284 339 111
M: 07788 362 305
The vendors have opted to tax the land being sold therefore it will be charged on the sale price.
EXCHANGE OF CONTRACTS
Exchange of contract will take place 28 days after receipt by the Purchaser's Solicitor of the draft contract. Completion will follow satisfaction of the internal and external Network Rail Consultations and Board approval. Please note that prior to the exchange of contracts the below has to be approved and consulted on.
The sale will be subject to: -
1. Subject to Contract.
2. Subject to Network Rail Board Approval
3. Subject to LC17 stakeholder consultation.
4. Subject to the conditions specified in the technical and business clearance certificates.
5. Subject to Network Rail Asset Protection Agreement for any proposed works.
WAYLEAVES EASEMENTS AND RIGHTS OF WAY
The property is sold subject to and with the benefit of all existing obligations and rights, including rights of way whether public or private, light, support, drainage, water, and electricity supplies and all of the rights, easements, quasi- easements, whether referred to in these Particulars or not.
The vendor shall reserve the full right and liberty to enter upon the property, within reasonable notice except in an emergency, with or without workmen, agents, and contractors for the purposes of examining, maintaining, repairing, renewing or reinstating any structures or infrastructures on their adjoining or neighbouring land which cannot be reasonably undertaken from within the vendors retained land.
Ipswich Borough Council
Grafton House, 15- 17 Russell Rd, Ipswich, IP1 2DE
Suffolk County Council
Endeavour house, 8 Russell Rd, Ipswich, IP1 2BX
T: 0345 606 6067
ANTI MONEY LAUNDERING LEGISLATION
In accordance with the most recent Anti Money Laundering
Legislation, buyers will be required to provide proof of identity and address to the selling agent once an offer has been submitted and accepted (subject to contract) prior to solicitors being instructed.