The property is a two-storey building located in a prominent corner position in Ipswich, with a mix of brick and timber frame construction. The building is divided into three separate units, including two shop units and a two-bedroom flat above. The property benefits from planning and listed building consent for the first floor to be converted into a self-contained two-bedroom flat. The ground floor shop unit has a main frontage to Tacket Street and a return frontage to Foundation Street, making it suitable for owner occupation. The property is part-let, producing an income of £25,945 plus VAT, and offers a guide price of £350,000 plus VAT. The property is held on a freehold tenure and is located close to Ipswich Bus Station, the main commercial destinations, and the University of Suffolk Campus.