Partly Cloudy

Partly Cloudy

max temp: 18°C

min temp: 15°C

Search

The pigs have arrived. See the latest

Pigs Gone Wild

news here.

Ipswich: Vehicle workshop sold for £1.15m as confidence returns to commercial property market

06:00 07 May 2014

Sovereign House in Ipswich.

Sovereign House in Ipswich.

Archant

A large vehicle repair workshop just off Sproughton Road in Ipswich has been sold to the Autosleepers Group Ltd of Martlesham.

Vanessa Penn of Penn Commercial, who acted on behalf of TrucksRUs who no longer needed the site, said that the sale of the property at £1.15million was a sign of a newly fast-moving commercial property market.

“The buyers completed within two weeks of receiving the contract, and there were bids from three interested parties. That’s a situation we haven’t seen for a number of years now.”

Sovereign House, which is on Farthing Road and close to the A14, offers the new owners approx 7,640 sq ft of ground and first floor accommodation, with a yard area of 0.81 acres.

It comprises a modern vehicle repair workshop and office accommodation with staff facilities. The surrounding yard, which is fully secured is block paved.

1 comment

  • No. A two week period is a very fast turnaround in property, but how long was this property actually on the market for? I don't know, Google it.. I did... Just short of 6 months (earliest reference I could find) which is still pretty good but not amazing. Still listed as 'Under Offer' online - I wonder if Penn Commercial will remove this advert as all good agents should or leave it up online for another 6 months... I know Penn, Fenn Wright etc. are a little guilty of doing this - especially the "free advertising" property boards exempt from needing planning consent. I clocked one of FWs properties still being advertised a year on at an entrance to a busy industrial estate. Its legal and paid up for longer... why not? Well its hardly ethical.

    Report this comment

    Ipswich Entrepreneur

    Wednesday, May 7, 2014

The views expressed in the above comments do not necessarily reflect the views of this site

The Orwell Bridge

The Orwell Bridge was closed for a short time this morning because of a police incident.

Damage to Matthew Bonner's car

An Ipswich man whose car was broken into earlier this year has criticised police after officers closed an investigation into the crime.

Stock image

Police have identified the possible location of a rape in Hadleigh last week.

Zoella is a firm favourite with teens.

You could be forgiven for thinking that PewDiePie, Zoella, CutiePieMarzia and ThatcherJoe are characters from a new Cbeebies programme, but they are not. These are the rock stars and movie heroes of the current teenage generation.

The ninth annual Additude festival raised more than £4,000 for ChildLine and the NSPCC at Adastral Park over the weekend

Singing in the rain was a past time which certainly had to be embraced at Adastral Park’s seventh annual music festival Additude at the weekend, as the heavens opened for much of the day.

Tattingstone village sign.

A reward of up to £5,000 has been offered following a “horrendous crime” in a Suffolk village in which pensioner was assaulted.

Suffolk Rape Crisis employees who launched the appeal. 
L-R Helen Taylor, Louise Hayward, Selina Wagstaff, Shane Begby, Chris Nightingale.

A crowdfunding appeal set up to help save a Suffolk charity that supports survivors of sexual violence has reached its £1,125 target in under 48 hours.

NEWS
PICTURE ANDY ABBOTT 25.5.12

On the oche: The darts night held at the Felixstowe Royal British Legion Club in aid of the St Elizabeth Hospice in memory of Valerie Wright and Rosie Clarke

A Suffolk social club has appealed for community help after declining membership left it in “imminent” danger of closing.

David Silver has opened a new museum in Leiston housing an amazing collection of historic Honda motorcycles. James May and Freddie Spencer officially opened the museum.

Motorcycle lovers with special affection for a certain manufacturer relished the chance to explore a unique collection unveiled in Suffolk.

Michael Gove (left) and Boris Johnson. Photo: Stefan Rousseau/PA Wire

The names are coming thick and fast now as senior Conservative MPs announce their intentions to stand for the leadership of the party.

Most read

Most commented

HOT JOBS

Show Job Lists

Topic pages

Streetlife

Newsletter Sign Up

Great British Life

Great British Life
MyDate24 MyPhotos24