House For Sale £225,000
For sale by auction on Wednesday, 05 May 2021 at 11:00
Venue: Livestream Auction
A substantial former retail premises with detailed consent to convert into three shops and eight flats
This former high street shop is now vacant but benefits from a sympathetic redevelopment scheme which allows for conversion into three lock up shops and eight self contained one and two bedroom flats. The development would be ideal for the experienced builder or investor looking for a high yielding investment.
The premises has a frontage onto London Road North which is very central to the town centre and within walking distance of the railway station and sea front.
Planning Consent
Planning permission was granted May 2020 for three shops and eight flats. Plans and copies of related documents can be found on the East Suffolk Coastal website Ref DC/20/0607/ful
Current Accommodation
Ground Floor: Shop and offices, access to cellar, wc, rear yard
First Floor: Showrooms and offices,
Second Floor: Two bedroom flat.
Proposed Accommodation
Ground Floor: Three lock up shops, one bedroom flat, Lobby and access to cellar and upper floors.
First Floor: Two one bedroom flats and a two bedroom flat.
Second Floor: Four one bedroom flats.
Additional Fees
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1140 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Livestream Auction
A substantial former retail premises with detailed consent to convert into three shops and eight flats
This former high street shop is now vacant but benefits from a sympathetic redevelopment scheme which allows for conversion into three lock up shops and eight self contained one and two bedroom flats. The development would be ideal for the experienced builder or investor looking for a high yielding investment.
The premises has a frontage onto London Road North which is very central to the town centre and within walking distance of the railway station and sea front.
Planning Consent
Planning permission was granted May 2020 for three shops and eight flats. Plans and copies of related documents can be found on the East Suffolk Coastal website Ref DC/20/0607/ful
Current Accommodation
Ground Floor: Shop and offices, access to cellar, wc, rear yard
First Floor: Showrooms and offices,
Second Floor: Two bedroom flat.
Proposed Accommodation
Ground Floor: Three lock up shops, one bedroom flat, Lobby and access to cellar and upper floors.
First Floor: Two one bedroom flats and a two bedroom flat.
Second Floor: Four one bedroom flats.
Additional Fees
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1140 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Houses For Sale Nelson Court
Houses For Sale Gordon Road
Houses For Sale Regent Road
Houses For Sale Police Station Road
Houses For Sale Milton Road East
Houses For Sale County Villas
Houses For Sale Alexandra Road
Houses For Sale Marina
Houses For Sale Tennyson Road
Houses For Sale Arnold Street
Houses For Sale London Road North
Houses For Sale Gordon Road
Houses For Sale Regent Road
Houses For Sale Police Station Road
Houses For Sale Milton Road East
Houses For Sale County Villas
Houses For Sale Alexandra Road
Houses For Sale Marina
Houses For Sale Tennyson Road
Houses For Sale Arnold Street
Houses For Sale London Road North
