1 bed Flat For Sale £325,000
Summary
Marketed via the modern method of auction is this shop/workshop with a ground floor studio apartment and first floor one bedroom apartment and a development opportunity STPP to the rear of the plot. Please call our sales team to enquire further.
Description
The site has a frontage of approximately 34' to Alan Road and a depth of 150'. The site is fronted by an end of terrace house. Formerly a three bedroom house with shop, the property has been converted into a one bedroom flat first floor apartment and a ground floor studio flat. There is off street car parking space at the front of the building.
A driveway leads to a yard. The driveway forms part of the property but the owner of 100, Alan Road has a right of way to access their property. The property is offered for sale freehold with no onward chain.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Location
The premises lie approximately 1 mile north east of Ipswich town centre, situated on the eastern side of Alan road, the property is within a residential area and close to the prestigious waterfront, Ipswich town centre and the Hospital.
Accomodation
Ground Floor Apartment
Lounge/bedroom 16' x 9' 11" ( 4.88m x 3.02m )
UPVC door to entry, double glazed window to the side and front aspect, radiator, carpet flooring, TV point.
Kitchen 9' 6" x 11' 4" ( 2.90m x 3.45m )
Double glazed window to the rear aspect, range of eye and base level units in white with marble effect roll top surfaces, stainless steel sink with drainer unit, space for a cooker, fridge freezer, washing machine, wood effect flooring and electric radiator.
Bathroom
Double glazed to the side aspect, Low level WC, vanity sink with chrome mixer tap, shower with glass enclosure, fully tiled., chrome heated towel rail.
First Floor Apartment
Lounge 16' x 10' 1" ( 4.88m x 3.07m )
Double glazed window to the front and rear aspect, radiator, carpet flooring and TV point.
Kitchen 11' 6" x 9' 10" ( 3.51m x 3.00m )
Eye and base level wooden units with wood effect worktops, stainless steel sink with drainer unit, vinyl flooring, radiator, boiler, storage cupboard and a double glazed window to the rear aspect.
Bedroom One 10' x 11' 5" ( 3.05m x 3.48m )
Double glazed window to the front aspect, radiator, carpet.
Bath
Low level WC, pedestal wash hand basin, bath with overhead shower, radiator, airing cupboard, double glazed to the rear aspect.
Shop And Workshop
Surfaced forecourt to front of shop.
The main structure of the shop was built in the 1930's of solid concrete blocks with a timber roof frame covered in asbestos sheets. A steel frame was inserted in the building in 1991 to create a mezzanine first floor. The shop frontage was installed at the same time. The property has been insulated since 1996.
Shop 25' x 30'4". First floor offices and store 25' x 30'4".
Rear workshop 14'5" x 30'4" timber framed extension built in 1960. Re-roofed 2000. Small timber framed Machine room/storage room constructed in 2005. Simple covered storage to rear.
Electric storage heaters are installed in office, workshop and shop.
A separate WC/wash room is located in front yard.
Services
All three properties have their own metered electricity supply. Water services are shared. The commercial premises receive the invoices and bill flat tenants.
Planning
The Shop and Workshop has been in continuous use as a motorcycle shop and workshop since 1960. A planning consent for this use was granted in 1971. No planning issues have arisen as a result of this use in the last 25 years. Enquiries made with the planning authority indicate that any future change of use to residential would be likely to succeed.
Planning consent for the First Floor Flat was granted circa 1971. The Ground Floor Studio/Flat consent was granted 2004.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Marketed via the modern method of auction is this shop/workshop with a ground floor studio apartment and first floor one bedroom apartment and a development opportunity STPP to the rear of the plot. Please call our sales team to enquire further.
Description
The site has a frontage of approximately 34' to Alan Road and a depth of 150'. The site is fronted by an end of terrace house. Formerly a three bedroom house with shop, the property has been converted into a one bedroom flat first floor apartment and a ground floor studio flat. There is off street car parking space at the front of the building.
A driveway leads to a yard. The driveway forms part of the property but the owner of 100, Alan Road has a right of way to access their property. The property is offered for sale freehold with no onward chain.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Location
The premises lie approximately 1 mile north east of Ipswich town centre, situated on the eastern side of Alan road, the property is within a residential area and close to the prestigious waterfront, Ipswich town centre and the Hospital.
Accomodation
Ground Floor Apartment
Lounge/bedroom 16' x 9' 11" ( 4.88m x 3.02m )
UPVC door to entry, double glazed window to the side and front aspect, radiator, carpet flooring, TV point.
Kitchen 9' 6" x 11' 4" ( 2.90m x 3.45m )
Double glazed window to the rear aspect, range of eye and base level units in white with marble effect roll top surfaces, stainless steel sink with drainer unit, space for a cooker, fridge freezer, washing machine, wood effect flooring and electric radiator.
Bathroom
Double glazed to the side aspect, Low level WC, vanity sink with chrome mixer tap, shower with glass enclosure, fully tiled., chrome heated towel rail.
First Floor Apartment
Lounge 16' x 10' 1" ( 4.88m x 3.07m )
Double glazed window to the front and rear aspect, radiator, carpet flooring and TV point.
Kitchen 11' 6" x 9' 10" ( 3.51m x 3.00m )
Eye and base level wooden units with wood effect worktops, stainless steel sink with drainer unit, vinyl flooring, radiator, boiler, storage cupboard and a double glazed window to the rear aspect.
Bedroom One 10' x 11' 5" ( 3.05m x 3.48m )
Double glazed window to the front aspect, radiator, carpet.
Bath
Low level WC, pedestal wash hand basin, bath with overhead shower, radiator, airing cupboard, double glazed to the rear aspect.
Shop And Workshop
Surfaced forecourt to front of shop.
The main structure of the shop was built in the 1930's of solid concrete blocks with a timber roof frame covered in asbestos sheets. A steel frame was inserted in the building in 1991 to create a mezzanine first floor. The shop frontage was installed at the same time. The property has been insulated since 1996.
Shop 25' x 30'4". First floor offices and store 25' x 30'4".
Rear workshop 14'5" x 30'4" timber framed extension built in 1960. Re-roofed 2000. Small timber framed Machine room/storage room constructed in 2005. Simple covered storage to rear.
Electric storage heaters are installed in office, workshop and shop.
A separate WC/wash room is located in front yard.
Services
All three properties have their own metered electricity supply. Water services are shared. The commercial premises receive the invoices and bill flat tenants.
Planning
The Shop and Workshop has been in continuous use as a motorcycle shop and workshop since 1960. A planning consent for this use was granted in 1971. No planning issues have arisen as a result of this use in the last 25 years. Enquiries made with the planning authority indicate that any future change of use to residential would be likely to succeed.
Planning consent for the First Floor Flat was granted circa 1971. The Ground Floor Studio/Flat consent was granted 2004.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
