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For Sale: £450,000


Knapton Court, Turret Lane, Ipswich, East Of England, IP4

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  • Area

    3873Sq Ft

Ipswich is the county town of Suffolk with a resident population of 133,000 and a retail catchment of approximately 330,000. The town is situated approximately 79 miles north east of central London, 43 miles south of Norwich and 18 miles north east of Colchester.

The property is situated within the Saints Quarter of the town centre within a secure courtyard off Turret Lane and Lower Brook Street. The property is located adjacent to the Old Cattle Market bus station and the waterfront is within a short walk.

The property comprises a three storey office building, accessed via a ground floor entrance which leads into a large entrance hall. The ground floor is arranged to provide several offices/meeting rooms together with a board room. The first and second floors provide additional office accommodation. WC facilities are provided on both the ground and first floor with a kitchen on the second floor.

The premises are fitted with surface mounted fluorescent lighting, perimeter trunking, gas fired central heating with air-conditioning to part, carpet floor coverings and an alarm.

Six car parking spaces are located within the courtyard.

NB - For security purposes the current tenant has boarded up the windows.

The property has an approximate total net internal floor area of 359.82 sq m (3,873 sq ft), arranged as follows:
Ground Floor
Office 1 461 sq ft ( 42.79 sq m)
Office 2 240 sq ft ( 22.27 sq m)
Server Room 242 sq ft ( 22.47 sq m)
Board Room 275 sq ft ( 25.50 sq m)
Meeting Room 155 sq ft ( 14.42 sq m)
Reception 133 sq ft ( 12.36 sq m)
WCs -- --
Ground Floor Total 1,505 sq ft ( 139.81 sq m)

First Floor
Office 3 737 sq ft ( 68.49 sq m)
Office 4 462 sq ft ( 42.95 sq m)
Office 5 140 sq ft ( 12.98 sq m)
WCs -- --
First Floor Total 1,339 sq ft ( 124.43 sq m)

Second Floor
Office 6 606 sq ft ( 56.30 sq m)
Office 7 382 sq ft ( 35.50 sq m)
Kitchen 41 sq ft ( 3.78 sq m)
Second Floor Total 1,029 sq ft ( 95.58 sq m)

Development Potential
Prior approval was granted on 24th May 2022 for the conversion of Knapton Court to provide 6 no. self-contained, one and two bedroom apartments (reference IP/22/00015/P3JPA).

We understand the property is connected to mains electricity, gas, water and drainage.

We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility companies in connection with the availability and capacity of all those serving the property including IT and telecommunication links.

Business Rates
The property is assessed as follows:
Rateable Value: £32,500
Rates Payable: £16,217.50 per annum

The rates payable are based on a UBR of £0.499 applied to the Rateable Value. All interested parties should speak to the local authority to verify their liability.

Local Authority
Ipswich Borough Council
Grafton House
15-17 Russell Road
Suffolk, IP1 2DE
Tel: 01473 432000

Offers are invited in the region of £450,000 for the freehold interest with vacant possession upon completion.

The property is elected for VAT.

Legal Costs
Each party is to be responsible for their own legal costs.


  • Guide Price £450,000
  • Prior approval for conversion to residential
  • Located within the Saints Quarter of the town centre and close to the Waterfront
  • NIA 3,873 sq ft (360 sq m)



Hamish Stone

01473 232701
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