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The Weymed Site, Swan Lane, Bury St Edmunds, IP33 2AJ

Guide Price
£500,000
Savills Auctions, London
PROPERTY TYPE

Land

SIZE

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Key features

  • Freehold development site
  • Approximate site area 0.27 hectares (2,743 sq m)
  • 6 x 3.5 storey - 4 bed town houses each with a roof garden, a garage and parking spaces
  • 15 contemporary town houses
  • 6 x 2.5 storey - 3 bed town houses with gardens and parking
  • Potential for alternative schemes subject to the requisite consents
  • 3 x 2.5 storey - 2 bed town houses with gardens and parking
  • By order of the LPA Receivers
  • Vacant

Description

StrapLine

Auction Sale - 19/08/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website

Freehold development site with planning consent for a residential development comprising 15 contemporary town houses. Potential for alternative schemes / uses subject to the requisite consents. Vacant


Description

A broadly level site with hard standing, accessed from Swan Lane, formerly used as a car park for the office building to the north. The boundary wall to the east is Grade II Listed. There is a substation to the east side of the site which may need to be relocated to facilitate development.


Location

Situated at the junction of Swan Lane and Raingate Street in the administrative heart of the town and close to the historic Cathedral, St Mary’s Church and the Abbey Gardens. Immediately adjacent to the site is the Suffolk Archives(Records Office), whilst opposite stands the former Shire Hall, recently converted to a Premier inn Hotel.

The site is within the Bury St Edmunds Town Centre Conservation Area.

Raingate Street and Swan Lane are relatively quiet roads, and the Weymed site itself is only a short 5-minute walk to Abbeygate Street, the heart of the principal shopping / tourism quarter of the town.




Transport

Bury St Edmunds Station - National Rail


Planning

Planning permission was granted on the 19th March 2013 (SE/12/0457) for the erection of 15 no. residential units (following demolition of existing storage building). We are advised that the planning permission has been implemented, refer to the planning portal for further information.


The Weymed Site, Swan Lane, Bury St Edmunds, IP33 2AJ

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bury St. Edmunds Station0.9 miles
  • Thurston Station3.8 miles
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About Savills Auctions, London

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Savills Auctions are specialist residential and commercial property auctioneers with an unrivalled depth of experience and market knowledge.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 211-17900. 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 Savills Auctions, London. 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 Savills Auctions, London on 020 3909 6715.

*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.”

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