2 Church Plain, Loddon, Norfolk NR14 6EX
- PROPERTY TYPE
Detached
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Former Barclays bank on 0.2 acre plot
- Planning permission to redevelop into six apartments
- Valuable A3 commercial unit at front
- Guide price: £300,000 - £400,000
- For sale by livestream auction
- Unless previously sold or withdrawn prior
- 11:00am, Wednesday 13 December 2023
Description
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 13 DECEMBER AT 11:00AM
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
Former bank with planning permission to redevelop into six apartments whilst retaining the front commercial unit
This 265 sq/m former Barclays bank has also operated as a restaurant called The Terrace and is now to be sold with vacant possession. The property has a range of potential uses and benefits from full planning permission to convert and extend to provide six two bedroom apartments whilst retaining the valuable A3 use. The plans allow for two apartments on the ground floor along with the café and a further four apartments on the first floor.
The property is not listed and lies within a conservation area with an attractive outlook over Holy Trinity Church.
Note According to the valuation office website the restaurant has an area of 265 sq/m and a rateable value of £11,000 with effect from 1st April 2023.
Proposed Accommodation Flat 1: 60 square metres, two bedroom ground floor apartment
Flat 2: 60 square metres, two bedroom ground floor apartment
Flat 3: 60 square metres, two bedroom first floor apartment
Flat 4: 60 square metres, two bedroom first floor apartment
Flat 5: 60 square metres, two double bedroom first floor apartment
Flat 6: 70 square metres, two double bedroom first floor apartment
Existing Accommodation Main room, room, three toilets, office, staff room, kitchen, wash/prep area
Outside Front, side and rear garden, coal shed to side, permit parking available in adjacent public car park, 0.2 acre site
Planning Full planning permission was granted by South Norfolk Council on 6th April 2023 for retention of existing cafe with proposed extension and alterations of existing building to provide six dwellings with associated landscape work.
Application number 2022/1995. Further details and plans can be found on the public access website of South Norfolk District Council southnorfolkandbroadland.gov.uk/planning
Viewings Viewings are being organised and the next one is Friday 2nd February. Please contact the Norwich Office to book an appointment.
Tenure: Freehold
EPC Rating: C
Administration Fee: 0.3% inc VAT of the purchase price, subject to a minimum of £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.
Energy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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2 Church Plain, Loddon, Norfolk NR14 6EX
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cantley Station3.3 miles
- Reedham (Norfolk) Station3.9 miles
- Buckenham Station4.4 miles
About the agent
Auction House, Covering East Anglia
The Barn Newmarket Road Cringleford Norwich NR4 6UE
Market position
Auction House East Anglia are firmly established as East Anglia's no.1 property auctioneers (based on lots sold) and we sell over 80% of lot entries in our local auctions. We hold regular auctions in Norfolk and Suffolk and Cambridgeshire and have offices in Norwich, Kings Lynn, Peterborough and Ipswich.
Trusted BrandAuction House East Anglia is part of the Auctio
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 202310131448sq_uoji. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, Covering East Anglia. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, Covering East Anglia on 01603 361653.
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