312-314 Whapload Road, Lowestoft
Whapload Road, Lowestoft, NR32 1UH
- 0
Key features
Guide Price: *
£740,000
Fees apply
Buyer's fee:£4,800
Admin fee:£2,400
Legal fee:£1,440
All fees include VAT at 20%
Auction Type:
† Traditional
Start price:
£740,000Bid history
0 bidsThe land as it exists extends to approximately 0.23 acres and consists of a number of buildings some of which works have substantially commenced.
Planning permission has been granted and implemented in three phases.
Phase 1 – Conversion of existing four storey building to provide four ground floor commercial studio’s and 12 residential apartments on the upper floors. (Part completed).
Phase 2 – Conversion of existing building to provide two ground floor commercial studios and 6 residential apartments above.
Phase 3 – Conversion of Listed warehouse unit into two ‘live work’ units consisting of ground floor studio commercial space with two, two-bedroom apartments above.
For sale by online auction (subject to sale prior, reserve and conditions)
Location
Whapload Road is a street located in the town of Lowestoft in Suffolk, England. The road runs in a north-south direction and is approximately 1.5 miles long. It starts at the A12 roundabout in the north and ends at the Bascule Bridge in the south, which crosses the River Waveney and leads to the neighbouring town of Oulton Broad.
Whapload Road is a busy thoroughfare and is lined with a variety of businesses, including shops, restaurants, and pubs. There are also several residential areas along the road. One of the notable
landmarks on Whapload Road is the Marina Theatre, a historic venue that hosts a variety of performances, including plays, musicals, and concerts.
Overall, Whapload Road is an important part of the town's infrastructure and is a popular destination for both locals and visitors. Historically, Lowestoft was a fishing town and port, with a thriving industry based on herring fishing. However, in recent years, the fishing industry has declined, and the town has become more focused on tourism and services.
Lowestoft is known for its long, sandy beach, which stretches for several miles along the coast. The town also has a number of tourist attractions, including the Lowestoft Maritime Museum, the East Anglia Transport Museum, and Ness Point, which is the most easterly point in the UK.
Accommodation
Planning consent granted for the development of the site in three phases comprising:
• x18 residential apartments
• x6 commercial units
• Conversion of a listed building into x2 live work units consisting of ground floor studio commercial space with x2, two-bedroom apartments above.
Important Notices
This property is available for sale by online auction. Interested buyers will need to register in advance and complete an ID verification before being able to place a bid. There is no charge for registering. Buyers should allow sufficient time to complete this process before the time period expires. Full details can be found on Fisher German’s online auction page www.fishergerman.co.uk/current-auctions.
Legal Pack
A legal pack and any special conditions will be available on Fisher German’s online auction page and interested parties will need to register before accessing the legal documents. It is the responsibility of a prospective buyer to make all necessary enquiries prior to the auction.
Conditions of Sale
The property will, unless previously withdrawn, be sold subject to common auction conditions and special conditions of each sale may be found in the legal documents section of the Fisher German online auction page. Each buyer shall be deemed to have notice of each condition and all the terms thereof and to bid on those terms whether they shall have inspected the said conditions or not.
Deposit
The full 10% deposit shall be transferred by the buyer to their solicitor for onward transmission by 12 noon the following working day to the seller’s lawyer. It is therefore essential that you instruct your solicitor ahead of the auction.
Completion
Completion will take place 20 working days after exchange of contracts, unless otherwise varied and specified in the legal pack.
Fees
The purchase of this property is subject to a combined buyer and admin fee of £7,200 including VAT as stated on the auction listing. The buyer will also be required to reimburse the search fees of £1,200 plus VAT.
Business Rates
Occupiers will be responsible for paying Business Rates direct to the local authority.
Planning
Planning consent has been granted on
planning applications DC,13.0812.FUL, DC14.3344.FUL and DC.15.4311.FUL for x18 residential apartments, x6
commercial units and the conversion of a listed building into x2 live work units. Plans, drawings and title information are available within the legal pack.
Services
We confirm we have not tested any of the service installations and any occupiers must satisfy themselves as to the state and condition of such items.
Anti Money Laundering
The successful purchaser will be required to submit information to comply with Anti Money Laundering Regulations.
VAT
Unless otherwise stated, all prices and rents quoted are exclusive of Value Added Tax (VAT). Any intending purchaser should satisfy themselves independently as to VAT in respect of this transaction.
The land as it exists extends to approximately 0.23 acres and consists of a number of buildings some of which works have substantially commenced.
Planning permission has been granted and implemented in three phases.
Phase 1 – Conversion of existing four storey building to provide four ground floor commercial studio’s and 12 residential apartments on the upper floors. (Part completed).
Phase 2 – Conversion of existing building to provide two ground floor commercial studios and 6 residential apartments above.
Phase 3 – Conversion of Listed warehouse unit into two ‘live work’ units consisting of ground floor studio commercial space with two, two-bedroom apartments above.
For sale by online auction (subject to sale prior, reserve and conditions)
Location
Whapload Road is a street located in the town of Lowestoft in Suffolk, England. The road runs in a north-south direction and is approximately 1.5 miles long. It starts at the A12 roundabout in the north and ends at the Bascule Bridge in the south, which crosses the River Waveney and leads to the neighbouring town of Oulton Broad.
Whapload Road is a busy thoroughfare and is lined with a variety of businesses, including shops, restaurants, and pubs. There are also several residential areas along the road. One of the notable
landmarks on Whapload Road is the Marina Theatre, a historic venue that hosts a variety of performances, including plays, musicals, and concerts.
Overall, Whapload Road is an important part of the town's infrastructure and is a popular destination for both locals and visitors. Historically, Lowestoft was a fishing town and port, with a thriving industry based on herring fishing. However, in recent years, the fishing industry has declined, and the town has become more focused on tourism and services.
Lowestoft is known for its long, sandy beach, which stretches for several miles along the coast. The town also has a number of tourist attractions, including the Lowestoft Maritime Museum, the East Anglia Transport Museum, and Ness Point, which is the most easterly point in the UK.
Accommodation
Planning consent granted for the development of the site in three phases comprising:
• x18 residential apartments
• x6 commercial units
• Conversion of a listed building into x2 live work units consisting of ground floor studio commercial space with x2, two-bedroom apartments above.
Important Notices
This property is available for sale by online auction. Interested buyers will need to register in advance and complete an ID verification before being able to place a bid. There is no charge for registering. Buyers should allow sufficient time to complete this process before the time period expires. Full details can be found on Fisher German’s online auction page www.fishergerman.co.uk/current-auctions.
Legal Pack
A legal pack and any special conditions will be available on Fisher German’s online auction page and interested parties will need to register before accessing the legal documents. It is the responsibility of a prospective buyer to make all necessary enquiries prior to the auction.
Conditions of Sale
The property will, unless previously withdrawn, be sold subject to common auction conditions and special conditions of each sale may be found in the legal documents section of the Fisher German online auction page. Each buyer shall be deemed to have notice of each condition and all the terms thereof and to bid on those terms whether they shall have inspected the said conditions or not.
Deposit
The full 10% deposit shall be transferred by the buyer to their solicitor for onward transmission by 12 noon the following working day to the seller’s lawyer. It is therefore essential that you instruct your solicitor ahead of the auction.
Completion
Completion will take place 20 working days after exchange of contracts, unless otherwise varied and specified in the legal pack.
Fees
The purchase of this property is subject to a combined buyer and admin fee of £7,200 including VAT as stated on the auction listing. The buyer will also be required to reimburse the search fees of £1,200 plus VAT.
Business Rates
Occupiers will be responsible for paying Business Rates direct to the local authority.
Planning
Planning consent has been granted on
planning applications DC,13.0812.FUL, DC14.3344.FUL and DC.15.4311.FUL for x18 residential apartments, x6
commercial units and the conversion of a listed building into x2 live work units. Plans, drawings and title information are available within the legal pack.
Services
We confirm we have not tested any of the service installations and any occupiers must satisfy themselves as to the state and condition of such items.
Anti Money Laundering
The successful purchaser will be required to submit information to comply with Anti Money Laundering Regulations.
VAT
Unless otherwise stated, all prices and rents quoted are exclusive of Value Added Tax (VAT). Any intending purchaser should satisfy themselves independently as to VAT in respect of this transaction.
Summary
- Property type
- Other
- Tenure
- Freehold
- Bedrooms
- -
- Bathrooms
- -
- Council tax band
- Ask Agent
Guide Price: *
£740,000
Fees apply
Buyer's fee:£4,800
Admin fee:£2,400
Legal fee:£1,440
All fees include VAT at 20%
Auction Type:
† Traditional
Start price:
£740,000Bid history
0 bidsSummary
- Property type
- Other
- Tenure
- Freehold
- Bedrooms
- -
- Bathrooms
- -
- Council tax band
- Ask Agent
This property is being sold by:
FG Auctions Bedford
01234 639442
8 Stephenson Court, Fraser Road, Priory Business Park, Bedford, MK44 3WJ
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Proptech and Fisher German Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Fisher German Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Proptech or any individual in employment with Bamboo Proptech makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
Pursuant to the Auctioneer Act 1845, this auction is being conducted by the auctioneer stated above. All participants in this online auction shall note that both the Auctions (Bidding Agreements) Act 1927 and 1969 shall apply.
Where stated in the bid box above, you agree that Bamboo may pre-authorise your card for the amount of the Buyer's fee and Deposit. You will only be charged if you are the winning buyer. We will release the pre-authorisation at the end of the auction. You card issuer may take up to 10 working days for this amount to be available to you in your account.
