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24 New Market, Beccles NR34 9HD

Lot no: 102 Re-entry to a future auction
 

Guide Price £90,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 27th June 2024

9.00am
Key Features
  • Freehold shop
  • Town centre location
  • Grade II Listed and in conservation area
  • Vacant from July 2024
  • Shop space 3.22m x 2.51m
  • Commercial rental investment
  • EPC Rating: C
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Re-entry to a future auction

Shop

Property Description:

A Grade II Listed freehold shop sited within Beccles Town Conservation Area and main thoroughfare.

This central town property is both quaint and petite and for many years it has been home to a jewellers. The current tenant will be surrendering their lease in July 2024 after which the property will be vacant.

The shop is air-conditioned (heating and cooling). Alarm system and security grills included.

Free restrictive parking is available immediately outside the property.

The property would ideally appeal to those seeking to trade as a jewellers / collectables who would immediately benefit from established trading footfall. Alternatively office accommodation (for estate agents, solicitors, surveyors, architects) or perhaps nail bar, all subject to planning change of use.

SPECIFICATION:
Main Shop Space: 3.22m x 2.51m
Toilet Washroom
Store Cupboard
Attic Store

INCLUDED ITEMS:
Window canopy and winder pole
Security window and door grills (7 No.)
Chubb alarm (1 key for panic button ) - Instruction book
Fixed air conditioning / heating unit and remote control
Green Door Blind
Green Window Blind
Electric Door Lock
All Light Fittings
Carpet
Loft Ladder
Electric Towel Rail
Corner Unit in W C
Toilet, Basin.
Towel and toilet roll holder

LOCATION:
New Market is the hub of the busy market town of Beccles.

Beccles has a population of around 10,000 and is expanding with projected 1,500 new houses to be built under the Local Plan proposals. Beccles is an important Market Town in the Waveney River Valley. The river has a direct connection with the Broads Waterway system and is tidal at Beccles. Beccles has an excellent range of independent shops with high occupancy rate and is probably one of the most attractive towns in North Suffolk. As one might expect there are schools for all age groups, dentists, veterinary and medical practices. Norwich 18 miles with mainline rail link to London Liverpool Street. Ipswich 40 miles with its rail connection to Beccles via the Lowestoft line.

VIEWING:
On-Site Viewing Strictly by appointment. Call 01502 558538

DIRECTIONS:
For SatNav use NR34 9HD. If using What3Words Navigation search: grazed.keys.outnumber

Possession:

The current tenant has served notice to surrender their tenancy July 2024, after-which the property will be vacant.

Local Authority:

East Suffolk Council

Services:

Mains water, electricity and drainage are connected to the property.

Easements, Wayleave, Rights of Way:

Right of way provides walking access to the East side of No.2 for use by residential neighbours behind and above.

Declarations:

The property is Grade II listed (listing reference 1298953) and located with the towns conservation area.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Vacant possession upon completion.


Utilities Information
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
Parking Arrangements

On Street



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.