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For Sale By Auction | 12:00, 15 April 2020 | Lot 64

Carleys Yard, 25 Fore Street, Framlingham, Suffolk, IP13 9DY

*Guide | £250,000 - £300,000 (plus fees)

  • Mixed Use
  • Tenure: Leasehold. 999 Years with approximately 993 remaining

Call the team on 01473 558 888 for more information

Auction Date

Wed 15/04/2020

Auction Time

12:00

Auction Venue

ONLINE

An historic Grade II Listed town centre premises with plenty of parking

This particularly attractive town centre premises is believed to date from the late 18th Century extends to over 2100 sq ft and provides retail usage on the ground floor whilst the first floor is currently being converted into a stunning 2 bedroom apartment with an over 33' living room featuring the original crane steel workings, a fitted kitchen including an oven, hob, dishwasher, fridge and freezer, 2 en-suites and a number of exposed timbers. It is anticipated that the work will be completed around the date of the auction. The ground floor is currently trading as a dog groomers along with the retail sale of associated products and is let on a licence at £600 PCM expiring at the end of May 2020. It is considered there is also residential potential on this floor. To the front there is the considerable benefit of having parking space for around 9 vehicles. The property is held on a 999 year lease with approximately 993 remaining and outgoings as follows: Insurance (26.09.18 to 25.09.19) - £532 External & Car Park Maintenance - c.£650 per annum An outstanding opportunity in a town that in recent years was voted the most desirable place to live in the country.

Tenure

Leasehold. 999 Years with approximately 993 remaining

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

East Suffolk Council

Solicitors

Stuart Appleman, Eversleys, Percy House, 363 Liverpool Road, London, N1 1NL, Tel: 0207 6070001

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £954 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.