About this property
Potential for change of use STP
Desirable Suffolk village location
Mixed-use investment property
A wonderful opportunity to purchase a mixed-use property in the desirable village of Lawshall. The property features retail premises at ground floor level, with a separate residential flat above.
The ground floor retail unit has a large main trading area, a further store/utility area and a cloakroom. The ground floor NIA is 71.8m² (GIA is 82.68m²).
The residential accommodation can be accessed via a staircase at the rear of the retail area, as well as private external door, and features; Landing; Sitting Room with triple aspect windows; Kitchen with a range of modern MDF base and wall units; 2 Bedrooms; Bathroom with modern white wc, wash hand basin and bath with overhead electric shower. The gross internal area of the first floor accommodation is 70.81m².
Outside is a single garage attached to the left hand side of the property, with an interconnecting door to the store/utility room, with parking to the front of the garage and the property itself.
The flat has been recently redecorated, including the provision of added roof insulation and Quantum heaters, and is therefore presented to a very good standard.
EPC for the retail area is D, and the flat is C
Freehold subject to AST
The property is located in the village of Lawshall, c.8 miles south of Bury St Edmunds, with good access to the A134 trunk road that links Bury St Edmunds and Sudbury.
The property was previously used as the village store. It is considered that there may be potential for change of use, subject to planning. Interested parties should make their own enquiries of the local authority.
The ground floor retail space is currently vacant. The first floor residential flat is let on an Assured Shorthold Tenancy basis with a rent of £665 per calendar month - see legal pack for details.
www.cheffins.co.uk/auctions/property-auctions or Stephen Lacey of Nigel Broadhead Mynard, 32 Rainsford Road, Chelmsford, Essex, CM1 2QG
Cheffins Property Auction Dept 01223 213777
*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. Each property will be offered subject to a Reserve price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set up to or within the Guide Range or no more than 10% above a single figure Guide. The reserve price will remain confidential between the seller and the auctioneer.
Fees: The guide price excludes any additional fees that the purchaser may incur, to include, but not limited to, Buyers Contract fee, Stamp Duty Land Tax, VAT, legal and search fees etc. Please refer to relevant Auction Legal Packs for details.ï¿½