" For sale by online auction on 21st May 2025. Bidding window opens 11am on 20th May. Guide £80,000 £100,000 plus fees.
DESCRIPTION
We are pleased to offer this rare opportunity consisting of a mid terraced investment property boasting five floors offering spacious rooms with scope for a commercial element to the ground floor, dating back to Victorian times with views out to the north sea.
The property is in poor order throughout, needing complete renovation and updating, but is a wonderful opportunity for someone looking to acquire a large building close to the centre of Lowestoft. There is obviously potential to turn the floors upstairs into flats, subject to necessary planning being forthcoming.
Interested parties must satisfy their own queries with respect to the services on site.
Solicitor Leathes Prior Attn Lily Beel , 74 The Close, Norwich, NR1 4DR. Tel
LOCATION
Station square is located opposite Lowestoft port, boasting easy access to the A47 road also within walking distance of various amenities, with Lowestoft beach and train station with links to Norwich & Ipswich being a short walk away.
DIRECTIONS
From Lowestoft train station turn right into Denmark Road. At the traffic lights proceed right onto Station Square, going straight onto the A47 road. Continue briefly and the property can be found on your right with space to pull in and park for 30 minutes.
EPC E
VIEWING
Please call us for viewing arrangements.
NOTES
Buyer Fees Please note that the successful bidder will be required to pay an Administration Charge of £1,170 inclusive of VAT. This fee is due and payable from the winning bidder immediately after the timed auction ends. The successful bidder will additionally pay over to the auctioneer a deposit of 10% of the purchase price, subject to a minimum of £5,000, after the timed auction ends. All payments to be made by debit card payment or electronic bank transfer to the Brown&Co Client Account, the details of which will be provided by the auctioneer to the successful bidder shortly after the auction ends. Other fees may be payable on completion and will be detailed within the Special Conditions of Sale to be found within the published Auction Pack.
Ability to Buy This property is being sold under Unconditional Auction Rules creating a legally binding contract at the conclusion of the timed auction. DO NOT bid unless you can complete the sale within 28 days, or on the terms specified within the Special Conditions of Sale.
Help and Assistance If you have any questions or require any clarification as to the online auction process please contact the auctioneer prior to commencement of the bidding window as we will be unable to enter into any discussions once the auction has started.
Bidding Process Prior to bidding the bidder will complete a Passport to Bid process, which requires registration, verification and agreement to Buyers Terms.
How To Follow the Auction Use Watch button to follow the auction. If you register to Watch an auction you will receive email notifications of any bidding activity on the specific lot.
How It Works Unconditional Timed Auction Online This is a binding method of sale similar to a traditional public property auction. The only difference is the bidding takes place online. The successful purchaser will be required to pay a 10% deposit subject to a minimum payment of £5,000 on the fall of the virtual gavel and contracts will be exchanged. Bidding for properties online works in a similar fashion to eBay. You can place bids using your PC, tablet or mobile phone and the minimum amount you can bid is defined by the bid increment level. When you place a bid, the property listing page will show you if your bid was successful and whether or not you are the highest bidder. When you are the highest bidder on a property, if another bidder outbids you the system will notify you by email so that you can place another bid if you wish. The major difference from eBay is that our system eradicates sudden death bid sniping through the use of auction extension times . If you have any questions or require any clarification please contact the auctioneer.
Agents Notes
1 All measurements are approximate and quoted for general guidance only and whilst every attempt has been made to ensure accuracy, they must not be relied upon.
2 Any fixtures, fittings and appliances referred within these published details have not been tested and therefore no guarantee can be given that they are in working order.
3 Internal photographs are reproduced for general information and it is not inferred that any item shown within any picture is included with the property.
4 Photographs shown within these details may have been taken with a camera using a wide angle lens.
5 These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
6 In accordance with UK Anti Money Laundering Regulations Intending buyers will be asked to produce original Identity Documentation, Proof of Address and be subjected to an electronic ID verification check before a purchase conveyance is instructed.
7 Brown&Co comply with the General Data Protection Regulation EU 2016 679 "GDPR" please visit our website for our Privacy Statement, Subject Access Requests can be submitted to .
8 Brown&Co are regulated under the RICS code of conduct.
9 Brown&Co are a member of The Property Redress Scheme, Membership Number PRS012758
10 Brown&Co is a member of RICS Client Money Protection Scheme, RICS Firm Reference 016189 11 Brown&Co Property And Business Consultants LLP trading as Brown&Co Registered Company Number OC302092. 11 Registered Office Address The Atrium, St George s Street, Norwich, Norfolk, NR3 1AB
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