Grade II Listed mixed-use redevelopment opportunity in the centre of Saxmundham with a garage

The property is set back from the High Street of Saxmundham and comprises an office space on the ground floor, a one-bedroom flat on the first floor and a garage. Both elements of the property benefit from independent access. The property presents an opportunity to add considerable value through renovation/refurbishment or redevelopment (STPP). Set back from the High Street the property is in close proximity to the local amenities and the train station.

Tenure

Leasehold.

Ground Floor - Office

Two meeting rooms, two storage rooms and WC

Leasehold Information - Office

Term: 125 years from 25 December 2005 (116 years remaining) Annual ground rent amount: Peppercorn Ground rent review period: N/A Annual service charge amount: See Legal Pack Service charge review period: See Legal Pack

First Floor - Flat

Kitchen, bathroom, bedroom and living room

Leasehold Information - Flat

Term: 125 years from 25 December 2005 (116 years remaining) Annual ground rent amount: £75 Ground rent review period: Every 25 years Annual service charge amount: See Legal Pack Service charge review period: See Legal Pack

Council Tax Band

A

Energy Efficiency Rating (EPC)

Current Rating C

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

Hill Dickinson (Liverpool), Ref: Nicholas Pye, Tel: 0151 600 8390

Offered in association with

Jennie Jones (Saxmundam)

Additional Fees

Buyer's Premium - £1200 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.