Overview
- Investment
Description
Location
Grafton House is a prominent mixed use building located on a 2.11 acre site in the heart of Ipswich town centre.
The building extends to 65,681 sq ft across five storeys, with retail accommodation on the ground floor and office accommodation over first to fifth floors.
There is significant redevelopment potential for conversion to residential via permitted development rights or to hotel use, senior living or student accommodation STP.
The low site coverage (16%) provides further opportunity to increase value STP.
Summary
Key points
- Prominent site in the heart of Ipswich town centre
- Close to station, Ipswich Town FC and wider amenity
- Strong alternative redevelopment potential
- Not subject to conservation or Article 4 restrictions
- Potential increased massing due to low site coverage
- Large flexible floor plates (c. 10,000 sq ft)
- VRV air conditioning
- Suspended ceilings with mixture of LG7 and LED lighting
- Demised WC Facilities
- 64 car parking spaces (30 EV and 6 disabled spaces)
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Grafton House, 15 - 17 Russell Road, Ipswich, IP1 2DE
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