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4 Smallgate, Beccles NR34 9AB

Lot no: 128 Auction Event
 

Guide Price £80,000+ plus fees

Unconditional with Fixed 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 a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 25th July 2024

9.00am
Key Features
  • Freehold Lock-Up Shop
  • VACANT
  • 30 sq.m floor fpace
  • Central town location
  • EPC Rating: B
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Commercial Property

Property Description:

Freehold lock-up shop centrally located in the busy market town of Beccles. No.4 Smallgate provides around 30 sq.m of floor space.

SPECIFICATION:

Unit - No.4, Smallgate

Front Shop Space: 17.92 sq.m
Preparation Room: 10.74 sq.m
Washroom: 2 sq.m

LOCATION:
The property is situated just off the central retail New Market with road connections from Station Road and Smallgate via Exchange Square. This is a predominantly shopping thoroughfare with busy road frontage leading through to the Quay and the Station.

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 9AB. If using What3words Navigation search: crusaders.years.dragging

Services:

Mains water, electricity and drainage.

Local Authority:

East Suffolk Council.

Easements, Wayleave, Rights of Way:

Walking access to the rear.

Broadband:

Standard and Superfast broadband is available from Openreach, EE and 3, in this propertys location.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Vacant possession upon completion.




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 Fixed Fee.

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 fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

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.