Guide price
£180,000
Retail premises for sale53 Buttermarket, Ipswich, Suffolk IP1
Just added
Auction
Freehold
About this property
For sale by auction on Wednesday, 25 Mar 2026 at 10:00
Venue: Livestream Auction
A prominent town centre commercial investment
Situated along the busy Buttermarket in Ipswich town centre is this 3 storey (plus basement) retail premises extending to approximately 2,200 sq ft overall.
The property is let to Oxfam on a 10 year lease from June 2010 and is now holding over under the 1954 act at an annual rent of £25,000.
With a gross annual yield equating to nearly 14% based on the low end of the Guide Price there's no doubt this is an excellent investment opportunity.
EPC Rating: C
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 prominent town centre commercial investment
Situated along the busy Buttermarket in Ipswich town centre is this 3 storey (plus basement) retail premises extending to approximately 2,200 sq ft overall.
The property is let to Oxfam on a 10 year lease from June 2010 and is now holding over under the 1954 act at an annual rent of £25,000.
With a gross annual yield equating to nearly 14% based on the low end of the Guide Price there's no doubt this is an excellent investment opportunity.
EPC Rating: C
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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Monthly repayment
£900 per month
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