Guide price
£500,000
Retail premises for saleReliant House, Angel Lane, Fore Street, Ipswich, Suffolk IP4
Auction
Freehold
About this property
For sale by auction on Wednesday, 09 Sep 2026 at 10:00
Venue: Livestream Auction
A substantial mixed use investment with a high annual yield
Situated on the fringe of the town centre is this Freehold Grade II Listed mixed use building extending to approximately 6,643 sq. Ft. (617.15 sq. M.)
The property comprises three self contained offices and three flats together with parking space for up to Eight cars.
The property also has Planning Permission for conversion to fully residential incorporating seven flats which is a longer term consideration.
A solid investment with an annual return of over 10% based on the lower end of the Guide Price and with immediate scope to enhance.
Lease Schedules
Unit 1 Angel Lane (ground floor office) - Let to Keystone Estate Agents at £12,500 per annum
Unit 1 Angel Lane (first floor office) - Vacant, estimated rent of £12,500 per annum
Unit 2 Angel Lane first floor office and Unit 3 Angel Lane (first and second floor offices) - Let to Adaptainer at a combined £13,200 per annum (new lease to be in place pre-completion)
3 Angel Lane (one bedroom flat) - Let at £10,140 per annum
2 Angel Lane (studio flat) - Let at £6,900 per annum
57A Fore Street (studio flat) - Let at £8,400 per annum
Total annual yield - £51,140
Council Tax Bands
57a Fore Street-a
2 Angel Lane- A
3 Angel Lane- A
Business Rates
All interested parties should contact Ipswich Borough Council on EPC Rating: 57a Fore Street (Flat)-C 2 Angel Lane (Flat)- C 3 Angel Lane (Flat)- D Unit 1 (Ground Floor Office)- C Unit 1 (First Floor Office)- B Unit 2 & 3 (Adaptainer) B
Additional Fees
Buyers Premium: £1500 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Livestream Auction
A substantial mixed use investment with a high annual yield
Situated on the fringe of the town centre is this Freehold Grade II Listed mixed use building extending to approximately 6,643 sq. Ft. (617.15 sq. M.)
The property comprises three self contained offices and three flats together with parking space for up to Eight cars.
The property also has Planning Permission for conversion to fully residential incorporating seven flats which is a longer term consideration.
A solid investment with an annual return of over 10% based on the lower end of the Guide Price and with immediate scope to enhance.
Lease Schedules
Unit 1 Angel Lane (ground floor office) - Let to Keystone Estate Agents at £12,500 per annum
Unit 1 Angel Lane (first floor office) - Vacant, estimated rent of £12,500 per annum
Unit 2 Angel Lane first floor office and Unit 3 Angel Lane (first and second floor offices) - Let to Adaptainer at a combined £13,200 per annum (new lease to be in place pre-completion)
3 Angel Lane (one bedroom flat) - Let at £10,140 per annum
2 Angel Lane (studio flat) - Let at £6,900 per annum
57A Fore Street (studio flat) - Let at £8,400 per annum
Total annual yield - £51,140
Council Tax Bands
57a Fore Street-a
2 Angel Lane- A
3 Angel Lane- A
Business Rates
All interested parties should contact Ipswich Borough Council on EPC Rating: 57a Fore Street (Flat)-C 2 Angel Lane (Flat)- C 3 Angel Lane (Flat)- D Unit 1 (Ground Floor Office)- C Unit 1 (First Floor Office)- B Unit 2 & 3 (Adaptainer) B
Additional Fees
Buyers Premium: £1500 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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