About this property

Key Features

Freehold
Ideal development opportunity
Desirable town centre location
Residential development site with planning permission for 6 stylish apartments

Description

A wonderful chance to acquire a development site which is situated in the heart of the popular town of Sudbury, within short walking distance from the wide range of shops, facilities and services that the town has to offer. The site received planning permission on the 20th April 2022 for the creation of 6 stylish 1 bedroom apartments, with associated parking spaces to the rear of the building. The stylish flats have been cleverly designed for efficient construction, based on similar layouts across all floors, with a communal entrance and stairwell. Each flat comprises: Entrance Hall, open plan Living Area/Kitchen, Bedroom and Bathroom. The ground floor apartments benefit from private verandas. Elsewhere, there are provisions for bin stores, cycle stores and 6 parking spaces to the rear of the building. As part of the approved scheme, the adjacent buildings (occupied by WH Smith and Superdrug) will continue to benefit from service access to the rear of their units. The property offers buyers a wonderful chance to create a well appointed apartments in this sought-after location.


Tenure

Freehold

Location

The site lies to the rear of North Street, but is accessed off Gaol Lane. It is therefore ideally located to access to the variety of retail shops and service that frequent North Street and Market Hill, while only being approximately 500m from the picturesque River Stour.

Lot Type

Land

Planning

Planning permission was granted on 20th April 2022. Full details of the approved scheme came be found under planning reference DC/22/00979 on the Babergh District Council website.

Legal Packs

www.cheffins.co.uk/auctions/property-auctions or Karen Chapman at Druces LLp, Salisbury House, London Wall, London, EC2M 5PS

Viewing

Attend the site at all reasonable times


Important notes

*Guide prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set up to or within the Guide Range or no more than 10% above a single figure Guide. The reserve price will remain confidential between the seller and the auctioneer.

Fees: The guide price excludes any additional fees that the purchaser may incur, to include, but not limited to, Buyers Contract fee, Stamp Duty Land Tax, VAT, legal and search fees etc. Please refer to relevant Auction Legal Packs for details.�