For Sale By Auction | 11:00, 11 December 2024 | Lot 30

4 Bond Street, Cromer, Norfolk NR27 9DA

*Guide | £400,000 (plus fees)

  • Residential Development
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 11/12/2024

Auction Time

11:00

Auction Venue

Livestream Auction

Commercial premises in the heart of Cromer with residential Planning Permission for conversion to 9 flats (one penthouse)

Rare opportunity to demolish and reconstruct this commercial building which was once the base for St John's Ambulance training centre. Situated in the heart of this historic seaside town of Cromer convenient for all amenities, this now vacant building has just been issued full planning for conversion into 9 residential flats, details can be found on North Norfolk Council website with Reference: PF/23/2498. Approved on 29 Oct 2024 the planning comprises of 9 flats (4 two bedroom, 4 one bedroom and 1 three bedroom penthouse flat. This is an ideal redevelopment and investment opportunity in a very popular holiday destination.

Tenure

Freehold

Accommodation

Former commercial building with planning for 2 blocks of flats comprising 9 in total with bike and bin store space.

Rateable Value

According to the valuation office website the existing premises has an area of 222.4 sq/m and a rateable value of £4,250 with effect from 1st April 2023.

Services

The property retains its existing water supply however the gas and electricity supplies will need to be reconnected.

Viewings

Viewings of the building are being held by appointment on the following days: Friday 15th November Wednesday 20th November Wednesday 27th November Please contact the Norwich Office to book your appointment

Energy Efficiency Rating (EPC)

Current Rating E

Services

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

Local Authority

North Norfolk District Council

Solicitors

Ward Gethin Archer (Dereham), Ref: Tracy Guest, Tel: 01362 852918

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 - £960 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.