savills.co.uk

SAVILLS CHELMSFORDParkview House, Victoria Road South CM1 1BT

+44 (0) 1245 269 311

FOR SALE DEVELOPMENT OPPORTUNITY

FORMER BT PLC OFFICE/DATA CENTREBibb Way, Ipswich, Suffolk, IP1 2EQ

Key Highlights• Four Storey landmark building in Ipswich

town centre

• Attractive central Ipswich location

• Office block has permitted development for 104 apartments with parking

• Office block floor area GIA - 6,916 Sqm (74,445 Sq ft)

• Data Centre with redevelopment opportunities, Subject to Planning. GIA 2,240 Sqm (24,111 Sq Ft)

• Existing car parking area extending to 0.61 Ha (1.52 acres) with redevelopment opportunities, Subject to Planning

• Total site area extends to approximately 1.74 Ha (4.33 acres)

• The development can be bought as a whole or in separate lots

Indicative Site plan highlighted in yellow

SAVILLS CHELMSFORDParkview House, Victoria Road South CM1 1BT

+44 (0) 1245 269 311

savills.co.uk

Location Ipswich is the county town of Suffolk. It is located on the estuary of the River Orwell and over the last ten years there has been extensive development centred around the former industrial docks known as the waterfront. Despite a number of attempts for city status, Ipswich remains a town with a resident population of 133,384 (2011 census) however it has a primary catchment population of approximately 386,000.

The town is well connected by road; the A14 trunk road provides motorway networks to Cambridge (approximately 52 miles to the west) Norwich (approximately 42 miles to the north west) and also to the rest of East Anglia and the UK. The A14 links the largest container port in the UK, Felixstowe, about 15 miles to the east. The A12 gives the most direct link to London (approximately 70 miles to the south west) whilst also offering access to the north east, to Lowestoft, other small market towns and the Heritage Coast.

SituationThe Site extends to approximately 4.3 acres and is situated to the West of the town centre Alderman recreational ground and Ipswich football stadium. Vehicle access is from Bibb Way with Pedestrian access via Handford Road. Bus services to and from the town centre can be accessed on Handford Road. Ipswich Rail Station is approximately 1 mile to the South of the Site, providing rail services to London Liverpool Street and to Norwich mainline service or for services to Cambridge and Peterborough. Fastest approximate journey time from Ipswich to London 1 hour and 10 mins.

SAVILLS CHELMSFORDParkview House, Victoria Road South CM1 1BT

+44 (0) 1245 269 311

savills.co.uk

Site Description The buildings, built in the 1980s, were previously occupied by BT plc and used for office and data storage purposes. On Site there is an L shaped office block, data storage facility, external toilet block, a guard block, ancillary storage building and a separate car parking area for approximately 150 vehicles.

Vehicle and Pedestrian access to the Site is via Bibb Way, with Pedestrian access currently only from Handford Road.

The Site is irregular in shape and is broadly level, it is surfaced with a mixture of asphalt and concrete hardstanding. The Office block has an approximate Gross Internal Area of 74,445 Sqft (6,916 Sqm) set over four floors, each floor is circa 15,000 Sqft (1,393 Sqm). The Office has three separate lifts, three staircases, and a canteen. From first to fourth floors it is mainly set as open plan office space.

The data storage facility has an approximate GIA of 2,240 Sqm (24,111 Sqft) and is classed as (B2) light industrial, this is set over two floors. Both floors were previously used for data storage and ancillary use. The Data centre curtilage has an area of approximately 0.39 Ha (0.96 Ac). The southern car park area extends to approximately 0.61 Ha (1.52 Ac)

Office Block

Car Park

Data Centre

savills.co.uk

SAVILLS CHELMSFORDParkview House, Victoria Road South CM1 1BT

+44 (0) 1245 269 311

Development Overview The Office block has had PD granted in July 2018 for change of use to residential. The remainder of the site has a range of development possibilities, subject to planning. We consider that the site has the potential to be split into two parcels, with the PD element and Data Centre being one lot and the Car Park being the second lot.

Office PD The Office block has the benefit of Permitted Development (18/00470/P3JPA) for the change of use from offices (B1) to residential (C3). An accommodation schedule is set out below.

Office BlockGross internal Areas

FLOORS SQ M SQ FT

Ground Floor 1308 14,080

First Floor 1402 15,091

Second Floor 1402 15,091

Third Floor 1402 15,091

Fourth Floor 1402 15,091

Total 6916 74,445

Residential Development

FLOORS STUDIOS 1 BEDS 2 BEDS

Ground Floor 4 8 4

First Floor 10 10 2

Second Floor 10 10 2

Third Floor 10 10 2

Fourth Floor 10 10 2

Total 44 48 12

Other

Parking spaces 90

Cycle Spaces 208

savills.co.uk

SAVILLS CHELMSFORDParkview House, Victoria Road South CM1 1BT

+44 (0) 1245 269 311

Data Centre and Car Park SchemeThe Data Centre attached to the office block is classified as (B2) general industrial; a full planning application will be needed for any development or change of use. This will also be the case for the car park to the rear.

The vendor’s initial proposals comprise housing schemes on the former data centre fronting Handford Road and on the rear car park close to Bibb Way. The 47 unit scheme ranges from 1-4 bedroom houses.

In addition, a denser second option has been considered for the car park, which shows a 72 unit housing and apartment scheme. This can be viewed in the data room as well.

Data Centre area highlighted in yellow

Car Park area highlighted in yellow

ContactThomas Higgins+44 (0) 1245 293 250 thomas.higgins@savills.com

Andy Redman +44 (0) 7870 999 330aredman@savills.com

Existing Wayleaves, Easements and Right of Ways The site will be sold subject to and with the benefit of all wayleaves, easements and right of ways, whether or not mentioned in these particulars.

Tenure and Possession The site is available for sale on a freehold basis.

Method of Sale The marketing process is to be concluded by informal tender. Deadline for offers are to be submitted on the Friday 13th of September 2019 by 12 noon. In submitting offers, parties should provide sufficient information to allow the vendor to assess the nature of the proposal and the level of due diligence undertaken.

Informal tenders should be sent to the agents, for the attention of Thomas Higgins, Savills, Parkview House, Victoria Road South, Chelmsford, Essex CM1 1BT, or by email to thomas.higgins@savills.com

The vendors do not undertake to accept the highest offer or indeed any offer.

Viewing Viewings should be arranged by prior appointment with Savills, specific viewing days will be arranged. Prospective purchasers should note that Savills take no responsibility for any injury or accident at the site. Viewers visit the site at their own risk.

VAT We understand that the site is exempt from VAT.

Further information Further information and a detailed planning and technical pack is available at:

https://sites.savills.com/bibbway

IMPORTANT NOTICEMaps are reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd, published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.

Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

Designed and Produced by Savills Marketing: 020 7499 8644 | June 2019