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2 bedroom residential development for sale

Bevan Street West, Lowestoft, Suffolk, NR32 2AB

Guide Price* £60,000

Property Description

Key features

  • Investment opportunity
  • Ground floor commercial with two bed apartment on first floor
  • Located close to the town centre

Full description

Tenure: Freehold

For Sale By Auction At Barnham Broom Golf & Country Club On 11/10/2018 at 11:30 am.

GUIDE PRICE - £60,000 - £70,000

DESCRIPTION:
A great opportunity to acquire a double fronted end terrace property with commercial premises on the ground floor and a two bedroom apartment on the first floor located close to the town centre of Lowestoft. The property requires complete renovation throughout although some of the rooms to the first floor apartment have been re-plastered and skimmed the dwelling may offer full residential use subject to obtaining the necessary planning consent. Situated close to the town centre where you will find local high street shops, banks, restaurants, cafes, business and leisure facilities. An ideal investment or for a start-up business with accommodation above. Energy Efficiency Rating: G

ACCOMMODATION:
Ground Floor: Room 1, room 2, room 3 and storage room.
First Floor: Kitchen, lounge, bathroom and two bedrooms.

TENURE:
Freehold.

VENDORS SOLICITORS:
Mears Hobbs & Durrant Solicitors, Somerset House, 26 Gordon Road, Lowestoft, Suffolk, NR32 1NL. For the attention of Mr Richard Temple - Tel: 01502 583621.

VIEWINGS:
By arrangement with the Joint Auctioneers: William H Brown, 138 London Road North, Lowestoft, Suffolk, NR32 1HB - Tel: 01502 585998.

Viewings
OPEN VIEWINGS:
Wednesday 12th September 5.30pm - 6pm
Saturday 29th September 2.30pm - 3pm


CONDITIONS OF SALE
The Conditions of Sale will be deposited at the offices of the auctioneers, William H Brown, and vendors solicitors seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30am. Prospective purchasers are advised to check with the auctioneers, William H Brown, before the sale that the property is neither sold nor withdrawn. The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Guide and Reserve Prices
Guide Price: An indication of the seller???s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price: The seller???s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

NOTE
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or credit card deposits. The sale of each lot is subject to a contract documentation charge of £850.00 (Inclusive of VAT) payable on the fall of the hammer. If you are unable to attend the auction for any reason you can still bid on the property either by telephone or proxy bid, please contact the auctioneers for further information. Guidance notes are set out in the catalogue in relation to auction property, particularly from a purchasing perspective.

William H Brown are contactable at 5 Bank Plain, Norwich, Norfolk, NR2 4SF. Tel 01603 598975.

Visit our Website www.williamhbrownauctions-norwich.co.uk


Map & Street View

Disclaimer - Property reference 75119. 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 William H. Brown, Norwich - Auctions. 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.

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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 William H. Brown, Norwich - Auctions on 01603 598975.


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