Waterfront House, located at the centre of Ipswich's Marina Waterfront, has been sold by Colwyn Developments to Baylight Properties, which specialises in high-quality renovations and developments.
Crispin Kelly, CEO of Baylight Properties, said:
"Waterfront House was originally a fine Victorian warehouse and is a key element of Ipswich's historic quayside. Although converted to offices in the 1980s, it has been standing empty since the most recent occupier vacated in 2023.
"We will be looking for the best way to bring it back to life in order to support the ongoing regeneration of the Waterfront and, more generally, Ipswich town centre."
Penn Commercial represented the vendors and Fenn Wright acted for Baylight Properties in the acquisition.