FOR SALE DEVELOPMENT OPPORTUNITY

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

Indicative Site plan highlighted in yellow

Key Highlights • Four Storey landmark building in Ipswich • Existing car parking area extending to town centre 0.61 Ha (1.52 acres) with redevelopment opportunities, Subject to Planning • Attractive central Ipswich location • Total site area extends to approximately 1.74 • Office block has permitted development for Ha (4.33 acres) 104 apartments with parking • The development can be bought as a whole • Office block floor area GIA - 6,916 Sqm or in separate lots (74,445 Sq ft) • Data Centre with redevelopment opportunities, Subject to Planning. GIA 2,240 Sqm (24,111 Sq Ft)

SAVILLS CHELMSFORD Parkview 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.

Situation The 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 CHELMSFORD Parkview 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 Car Park floors it is mainly set as open plan office space. Office Block 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 Data Centre 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)

SAVILLS CHELMSFORD Parkview House, Victoria Road South CM1 1BT +44 (0) 1245 269 311 savills.co.uk Development Overview Office Block The Office block has had PD granted in July 2018 for Gross internal Areas change of use to residential. The remainder of the site has a range of development possibilities, subject to FLOORS SQ M SQ FT planning. We consider that the site has the potential to Ground Floor 1308 14,080 be split into two parcels, with the PD element and Data Centre being one lot and the Car Park being the second First Floor 1402 15,091 lot. Second Floor 1402 15,091

Office PD Third Floor 1402 15,091 The Office block has the benefit of Permitted Development (18/00470/P3JPA) for the change of use Fourth Floor 1402 15,091 from offices (B1) to residential (C3). An accommodation Total 6916 74,445 schedule is set out below.

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 CHELMSFORD Parkview House, Victoria Road South CM1 1BT +44 (0) 1245 269 311 savills.co.uk Data Centre and Car Park Scheme The vendor’s initial proposals comprise housing schemes The Data Centre attached to the office block is classified on the former data centre fronting Handford Road and as (B2) general industrial; a full planning application will on the rear car park close to Bibb Way. The 47 unit be needed for any development or change of use. This scheme ranges from 1-4 bedroom houses. will also be the case for the car park to the rear. 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

SAVILLS CHELMSFORD Parkview House, Victoria Road South CM1 1BT +44 (0) 1245 269 311 savills.co.uk Existing Wayleaves, Easements and Right of Viewing Ways Viewings should be arranged by prior appointment The site will be sold subject to and with the benefit of all with Savills, specific viewing days will be arranged. wayleaves, easements and right of ways, whether or not Prospective purchasers should note that Savills take mentioned in these particulars. no responsibility for any injury or accident at the site. Viewers visit the site at their own risk. Tenure and Possession The site is available for sale on a freehold basis. VAT We understand that the site is exempt from VAT. Method of Sale The marketing process is to be concluded by informal Further information tender. Deadline for offers are to be submitted on the Further information and a detailed planning and Friday 13th of September 2019 by 12 noon. In submitting technical pack is available at: offers, parties should provide sufficient information to https://sites.savills.com/bibbway 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 [email protected] The vendors do not undertake to accept the highest offer or indeed any offer.

Contact Thomas Higgins Andy Redman +44 (0) 1245 293 250 +44 (0) 7870 999 330 [email protected] [email protected]

IMPORTANT NOTICE Maps 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