Sold Prior | Lot 75

7a Market Place (Childs Yard), Southwold, Suffolk IP18 6DZ

Sold Prior

  • House (unspecified)
  • Tenure: Freehold

Call the team on 01473 558 888 for more information

Auction Date

Wed 07/02/2024

Auction Time

11:00

Auction Venue

Livestream Auction

A unique Freehold investment/development opportunity in the heart of Southwold.

A rare opportunity to acquire this Freehold mixed use premises centrally situated in what is without doubt one of the most desirable and sought after Suffolk coastal towns. The property comprises a ground floor office which is let at a rent of £1,000 PCM and a 2 bedroom first floor flat which is in need of modernisation. With an immediate income and tremendous holiday let or Airbnb potential for the flat this is something which if missed is unlikely to be replicated in the foreseeable future.

Tenure

Freehold

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

East Suffolk Council

Solicitors

Norton Peskett (Great Yarmouth), Ref: Matthew Breeze, Tel: 01493 849225

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - £1140 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.