*Guide | £550,000 - £650,000 (plus fees)
- Block of Apartments
- Tenure: Freehold
Call the team on 01603 505 100 for more information
Substantial vacant building which has been converted into 17 flats. All have recently been refurbished, however it has been condemned as unsafe and a prohibition order issued.
Iconic substantial building situated in a prominent position in the centre of Lowestoft. The building has recently been converted into 17 flats all fitted with modern kitchen and bathrooms. However the building has not met with regulations and has had a prohibition order issued and is therefore offered vacant. The property needs some major works structurally, to include electrics, drainage, sewerage, fire walls and doors to finalise this conversion and would ideally suit an investor looking to inject some funds for long term investment. Offered on behalf of receivers.
Tenure
Freehold
Flats
17 flats in total with 10 one bedroom flats and 7 two bedroom flats
Council Tax Band
Between A - C rating
Energy Efficiency Rating (EPC)
Current Rating B/C
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
Gunnercooke LLP, Ref: Orla Burke, Tel: 03330 143401
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
Buyer's Premium - £1560 inc VAT payable on exchange of contracts.
Administration Charge - £1200 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.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
