Sold after auction for an undisclosed amount

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A freehold development opportunity 0.17 acres comprising town centre public house and land with planning permission for refurbishment of the public house, conversion of upper parts to 6 x 1 bedroom flats and conversion of an outbuilding to 1 x 3 bedroom house. Potential for planning gain, vacant.

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Description/Location

This attractive Grade II listed property is situated in an historic street at the junction of White Hart Street and Thomas Paine Avenue. Planning was granted by Breckland Council Ref: 3PL/2018/1497/LB on 02/04/2020 to retain and refurbish the commercial ground floor space, convert the upper floors to 6 x 1 bed flats and convert an outbuilding to 1 x 3 bed house. We believe there is potential for conversion of the ground floor to alternative commercial or residential use and to create a further dwelling/s to the rear, subject to the necessary consents.

VAT IS APPLICABLE TO THIS LOT

Tenure

Freehold

Local Authority

Breckland Council

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*Guide Price & Reserves

Generally speaking Guide Prices 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. Virtually every 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.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.