Former NatWest, Market Place, Stowmarket, Suffolk, IP14 1YY

Lot Image

Auction sale - Monday 19th February 2018

* Guide price:

Sold Prior

The successful purchaser will be required to pay a buyer’s administration fee of £990 (inclusive of VAT). Other additional costs/fees may apply – click here.

Upon the instructions of

A major UK Bank
  • Freehold former banking hall and ancillary offices in the town centre
  • About 2,754 sq ft (255.85 sq m)
  • Vacant possession
  • Possible residential development (in part), subject to consents

Viewings

9.30am Tuesday 13th February

Details

Location

Summary: This attractive town centre property is located near all amenties
Miles: Ipswich 13 miles, Bury St Edmunds 15 miles
Roads: B1115, A14(M) junction 50
Rail: Stowmarket
Nearby Occupiers: Argos, Superdrug, Subway, Specsavers

Description

A prominent town centre mid terraced property of traditional construction arranged over basement, ground and first floors totalling about 2,754 sq ft (255.85 sq m). The property would suit a change of use, including residential conversion in part, subject to obtaining all necessary consents.

Tenure

Freehold

Planning

Mid Suffolk District Council (01449 724528) www.midsuffolk.gov.uk

VAT

Refer to the legal documentation

Energy Performance Certificate

See website

Address Accommodation Sq M Sq Ft
TOTAL 255.85 2,754
Market Place Basement Ground First 45.79 113.15 96.89 493 1,218 1,043
The measurements have been provided by the vendor.

Joint auctioneers

GVA

Contact

Seller's solicitor

DLA Piper

Jaspal Kundi

0113 360 1976

jaspal.kundi@dlapiper.com

* Guide price

The guide price is an indication of the minimum price at which, or if a guide price range is given, within which, the seller is prepared to sell at the date of publication. The guide price is not an anticipated sale price or valuation. All prices quoted are subject to contract.

* Reserve price

The reserve price is the minimum price acceptable to the seller and the price below which the auctioneer cannot sell.

Both the guide and reserve may be subject to change up to and including the day of the auction. The guide price does not include either VAT which may apply to the sale or other amounts the seller may charge. The seller’s Special Conditions of Sale and addendum if any, will state whether there are other seller’s charges and whether the seller has elected to charge VAT on the sale price. On the fall of the hammer a buyer’s fee is payable of £990 inclusive of VAT.

Contact us now

National auctions

Tel: +44 (0) 207 198 2000
Email: auctions@lsh.co.uk

Online auctions

Tel: +44 (0) 207 198 2000
Email: onlineauctions@lsh.co.uk

Register for updates

Sign up today to receive these benefits:
  • Receive new property notifications
  • Register for a catalogue
  • Receive market updates
  • Receive auction results