For sale by auction on Wednesday, 05 May 2021 at 11:00
Venue: Livestream Auction
Plot of land with planning consent for 6 flats
Located to the rear of 126/7 King Street this parcel of land has planning permission for the erection of 6 one bedroom self contained flats. The cleared site is to the rear of shop premises but is within a residential area. The site would be ideal for builder/investor and once built could provide a healthy investment return.
Each flat would extend to approximately 32 square meters and comprise of a private hall, living room/kitchen, double bedroom and shower room. The properties would share courtyard gardens and be within a few steps of the town centre.
Full planning permission was granted by Great Yarmouth Borough Council on 5th May 2020 under reference 06/19/0637/F.
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1140 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Guides 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 (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.