Agent appointed for Ipswich’s newest office development

Penn Commercial has been appointed sole agent of The Coalyard, an eye-catching new addition to Ipswich’s office market, being developed by Pertwee Estates in Chancery Road, adjacent to the newly-refurbished Maltings building.

19,000 sq ft of premium office space will be available for pre‐let or freehold, of which 7,000 sq ft will be terraces, and 4,500 sq ft will be located on the roof.
Pertwee Estates submitted plans for the Chancery Road office space in December 2019, which were approved unanimously in July 2020, allowing for the creation of a stunning glass-fronted block of four storeys, with office accommodation and car parking.
The Coalyard building will sit partly above the existing car park for The Maltings, with a lower floor to accommodate 41 car parking spaces. Plans outline an upper-ground floor reception, and office space on all four floors, with the addition of two roof terraces on the second and third floors.
Vanessa Penn, Managing Director of Penn Commercial, said: 
“At an early stage, off-plan, we have already been attracting strong interest in this landmark development from multiple occupiers.  
“The Coalyard is ideally located, in the heart of an up-and-coming business corridor in the town, and just a short walk from the fully-refurbished rail station. It is set to play a key part in the ongoing regeneration of the ‘Ipswich Village’ and the Princes Street corridor opportunity area.” 
Mark Pertwee, Managing Director, Pertwee Estates, said:  
“The Coalyard will be a striking new architectural presence for Ipswich from Pertwee Estates. It is so-called because it sits on the site of the old Moys Coalyard, adjacent to The Maltings.
“This entirely-new building will be made from black glass and bricks, reflecting not only the site’s history, but also paying homage to the iconic Grade 1 Listed Willis Building, designed by Sir Norman Foster, just a short walk up Princes Street. 
“One of the particularly exciting and attractive features of this innovative building are the two-tiered roof terraces, with views down to the Ipswich Waterfront, as well as the spacious terrace area to the front of the building, along Chancery Road.”
The facility will be built next door to The Maltings, a 200-year-old Grade II Listed maltings building, which underwent a £3.5 million conversion by Pertwee Estates to premium business premises and opened its doors in July 2019. 
Award-winning Penn Commercial is your pro-active foundation for success, providing a personal and dedicated service, with over 80 years’ combined property experience in East Anglia. Reinforced by unrivalled local knowledge across all commercial property sectors, including retail, business space, logistics, warehousing, industrial, land, investment and development, Penn acts for a range of private and public sector clients.

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