Lot 70

FREEHOLD WATERFRONT DEVELOPMENT SITE

Oswald Boatyard, Bridge Road, Lowestoft, Suffolk, NR32 3LR
Oswald Boatyard, Bridge Road, Lowestoft, Suffolk, NR32 3LR
Withdrawn After

This angular site is situated at the roundabout junction of Bridge Road and Commodore Road, close to Lowestoft Marina, two stations and amenities in the immediate vicinity. The southern boundary sits on Outen Broad/Lake Lothing, the inner part of Lowestoft Harbour. The proposed development offers huge potential for this popular seaside town.

Planning

Planning Permission has been granted under ref: DC/15/3748/FUL, dated 19th February 2016 for the Construction of 75 ( 32 one-bedroom, 33 two-bedroom and 10 three-bedroom) residential flats, library, commercial units, conversion of existing library into 5 residential flats and boat moorings, car and cycle parking provision and associated landscaping, subject to conditions.

A copy of the planning consent and proposed plans will be available to download from the Clive Emson website or by visiting the local planning authority.

Local Planning Authority

East Suffolk Council: Tel: 0333 016 2000: Website: eastsuffolk.gov.uk.

Site Measurements

The site extends to 6.22 hectares (1.54 acres).

Auctioneer's Note

Although the timescale of the original planning has elapsed, we have been advised by the seller that material works have started by creating an access road and the local authority is aware. However interested parties must rely on their own enquiries.

Freehold with Vacant Possession

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/