Call the team on 01603 505 100 for more information
A substantial former retail premises with detailed consent to convert into 3 shops and 8 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.
Tenure
Freehold
Planning Consent
Planning permission was granted May 2022 for 3 shops and 8 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: 2 bedroom flat.
Proposed Accommodation
Ground Floor: 3 lock up shops, one bedroom flat, Lobby and access to cellar and upper floors. First Floor: 2 one bedroom flats and a two bedroom flat. Second Floor: 4 one bedroom flats.
Energy Efficiency Rating (EPC)
Current Rating C
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Waveney District Council
Solicitors
KMA Solicitors, Saracens House, 25 St Margarets, Ipswich, IP4 2BN, Ref: Freya, Tel: 01473760 046
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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.