Sold Prior | Lot 32

23 Friars Street, Sudbury, Suffolk, CO10 2AA

Sold Prior

  • Office
  • Tenure: Freehold

Call the team on 01473 558 888 for more information

Auction Date

Wed 25/07/2018

Auction Time

06:30 pm

Auction Venue

Holiday Inn (Wolsey Room), London Road, Ipswich, IP2 0UA

A Grade II Listed town centre office premises producing a good yield

Situated in the heart of this vibrant West Suffolk market town is this Grade II Listed semi-detached office premises with many internal period features. Sudbury offers a good range of shopping facilities, pleasant walks along the banks of the River Stour, easy access to the historic villages of Long Melford & Lavenham and is also served by a branch line railway station leading to London Liverpool Street via Marks Tey. Extending to around 1100 sq ft, the property was originally let in April 2008 to A E Dickinson and R I Wallace trading as Tomlinson and Dickinson Solicitors on a 5 year lease at a rent of £8000 per annum. However, since November 2015 the rent has been paid by their former partner firm, Wayman and Long Solicitors, who are now in occupation. A copy of the lease document is available within the online Legal Pack. With potential for alternative use in the longer term, we believe this to be a first class investment and speculative development opportunity.

Tenure

Freehold

Viewing

Please call the Auctioneers - 01473 558888

Services

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

Local Authority

Babergh District Council. Tel: 01473 826622

Solicitors

Fisher Jones Greenwood LLP, Charter Court, Newcomen Way, Severalls Business Park, Colchester, Essex CO4 9YA, Ref: Ellen Petersen, Tel: 01206 835218

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% including VAT subject to a minimum of £840.00 including VAT

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