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Just added
Auction
From
£1,450,000
Property for sale
Westgate Street, Ipswich IP1Local area information
Property location
Nearby amenities
- St Matthew's Church of England Voluntary Aided Primary School, Ipswich 0.2 miles
- St Margaret's Church of England Voluntary Aided Primary School, Ipswich 0.4 miles
- Ipswich 0.6 miles
- Derby Road (Ipswich) 1.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Ipswich to find out more about the local area.
Features and description
- Attractive Freehold Retail Parade Investment
- Comprising 4 shops
- Arranged over 11,207 sq ft
- Tenants include Claire's Accessories, Cards Direct and H Samuel
- Nearby occupiers include Marks & Spencer, Lloyds Bank, Deichmann Shoes & Moss Menswear
- VAT is applicable
- Six Week Completion Available
- Total Current Rents Received £142,500 p.a. (reflecting 9.80% giy) plus 1 vacant shop
Strapline
Auction Sale - 30/07/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Attractive town centre freehold retail parade of 4 shops majority let to national tenants with a WAULT 2.74. Lease negotiations ongoing with the vacant retail unit. Total Current Rents Received £142,500 p.a. With an opportunity to increase upon letting the vacant unit.
Description
The attractive retail parade is arranged to provide 4 self-contained shops with ancillary upper parts.
Location
Ipswich is located 19 miles north east of Colchester, 27 miles east of Bury St Edmunds and 53 miles east of Cambridge
The property is situated in the town centre on the southern side of the busy and pedestrianised Westgate Street, close to The Cornhill and Ipswich Town Hall.
Nearby occupiers include Marks & Spencer, jd Sports, Lloyds Bank, Deichmann Shoes & Moss Menswear amongst many others
Transport
Road - The A12 provides access to London and the M25, the A140 to Norwich and the A14 to Cambridge and the Midlands
Rail - Ipswich Rail Station provides regular direct services to London Liverpool Street (1hr 12 mins) and Norwich (41 mins)
Bus - Tower Ramparts bus station is situated outside the Crown Street entrance to Sailmakers
Tenancy
Please see the below schedule of accommodation and tenancies
Accommodation
5/5A Westgate - 257 sq m (2,763 sq ft)
7 Westgate - 253 sq m (2,724 sq ft)
9 Westgate - 296 sq m (3,181 sq ft)
13 Westgae - 236 sq m (2,539 sq ft)
Total - 1,041 sq m (11,207 sq ft)
Please see the below schedule of accommodation and tenancies
Auction Sale - 30/07/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Attractive town centre freehold retail parade of 4 shops majority let to national tenants with a WAULT 2.74. Lease negotiations ongoing with the vacant retail unit. Total Current Rents Received £142,500 p.a. With an opportunity to increase upon letting the vacant unit.
Description
The attractive retail parade is arranged to provide 4 self-contained shops with ancillary upper parts.
Location
Ipswich is located 19 miles north east of Colchester, 27 miles east of Bury St Edmunds and 53 miles east of Cambridge
The property is situated in the town centre on the southern side of the busy and pedestrianised Westgate Street, close to The Cornhill and Ipswich Town Hall.
Nearby occupiers include Marks & Spencer, jd Sports, Lloyds Bank, Deichmann Shoes & Moss Menswear amongst many others
Transport
Road - The A12 provides access to London and the M25, the A140 to Norwich and the A14 to Cambridge and the Midlands
Rail - Ipswich Rail Station provides regular direct services to London Liverpool Street (1hr 12 mins) and Norwich (41 mins)
Bus - Tower Ramparts bus station is situated outside the Crown Street entrance to Sailmakers
Tenancy
Please see the below schedule of accommodation and tenancies
Accommodation
5/5A Westgate - 257 sq m (2,763 sq ft)
7 Westgate - 253 sq m (2,724 sq ft)
9 Westgate - 296 sq m (3,181 sq ft)
13 Westgae - 236 sq m (2,539 sq ft)
Total - 1,041 sq m (11,207 sq ft)
Please see the below schedule of accommodation and tenancies
More information
Listed by
Savills - National Auctions
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