Commercial Property for saleFramlingham, Suffolk
A business premises, that is currently being constructed and forming part of Hopkins Homes Prospect Place development in Framlingham, arranged over ground and first floors, and extending to over 900 square feet (85 sqm) with car parking facilities.
Prospective purchasers should note that the premises will be constructed to a shell specification with services connected, but it will be for the purchaser to fit the premises out as they wish at their cost.
Location The premises form part of the impressive and popular Prospect Place development which is currently being undertaken by the award winning local developer, Hopkins Homes. Framlingham offers a variety of shops and businesses including a Co-op supermarket, coffee shops, restaurants, hairdressers, antique shops, travel agents and delicatessen. It is also home to a number of pubs and restaurants, a medical centre, vets and other business providing day-to-day services. Both Sir Robert Hitcham's Primary School and Thomas Mills High School are highly regarded. There is also Framlingham College, which is served by its preparatory school, Brandeston Hall, some five miles away. Framlingham was voted the number one place to live in the country and is perhaps best known for its magnificent castle, which is managed by English Heritage.
Description The premises, which are currently under construction, form part of Hopkins Homes Prospect Place development in Framlingham. Plot 18, as it is currently referred, will be located to the north of the development, with vehicular access via Victoria Mill Road and the existing neighbouring businesses - The Station pub, Andy Tiernan motorcycles and Bed Bazaar.
The premises adjoin a terrace of residential dwellings, and benefit from planning permission for Business Uses (B1 Use Class). The accommodation will be arranged over two floors, with the premises constructed of traditional cavity brick/block construction under pitched tiled roofs. Access will be via the front elevation, with windows provided on the front and side elevations on both floors to ensure there is plenty of natural light. The accommodation will extend to approximately 906 square feet (84.22 sqm) in all, and it is intended that the premises will be finished to a shell specification with services connected. Prospective purchasers can then fit the premises out to their own layout, specification and style at their own cost.
We are advised by Hopkins Homes that the premises are due to be completed (to a shell specification) in March/April 2017.
Terms The property is available to purchase freehold. A reservation fee of £1,000 is payable to secure the property, with exchange of contracts required within a four week period. The occupiers of the Prospect Place development, once completed, will also be liable to a service charge payment to cover the cost of the maintenance and upkeep of the communal areas of the development. This will be administered by a management company and is likely to be in the region of £100 per annum, which will be reviewed annually.
Services Mains electricity, water, drainage and gas will be connected.
Local Authority Suffolk Coastal District Council; Melton Hill, Woodbridge, Suffolk IP12 1AU; Tel: 01394 383789
Viewings Strictly by appointment with the agent. Access to the development is limited due to it being an ongoing construction site.
Rates The rateable value for the property is to be assessed.
To be assessed.
NOTE 1. Please note that all measurements are approximate and the finish/specification is subject to variations during the build process. The architects drawings, floorplans, together with the descriptions within these particulars are provided as a guide only and the developer reserves the right to alter and vary the external finish, internal layout and specification at any time.
2. These particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract. No responsibility can be accepted for any expenses incurred by intending purchasers or lessees in inspecting properties which have been sold, let or withdrawn. No warranty can be given for any of the services or equipment at the property and no tests have been carried out to ensure that heating, electrical or plumbing systems and equipment are fully operational. Any distances, room aspects and measurements which are given are approximate only. No guarantee can be given that any planning permissions or building regulations have been applied for or approved.
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