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    Key features

    • Freehold development site
    • Approximate site area 0.27 hectares (2,743 sq m)
    • 6 x 3.5 storey - 4 bed town houses each with a roof garden, a garage and parking spaces
    • 15 contemporary town houses
    • 6 x 2.5 storey - 3 bed town houses with gardens and parking
    • Potential for alternative schemes subject to the requisite consents
    • 3 x 2.5 storey - 2 bed town houses with gardens and parking
    • By order of the LPA Receivers
    • Vacant

    Description

    A broadly level site with hard standing, accessed from Swan Lane, formerly used as a car park for the office building to the north. The boundary wall to the east is Grade II Listed. There is a substation to the east side of the site which may need to be relocated to facilitate development.

    Additional information

    Tenure

    Freehold

    Planning

    Planning permission was granted on the 19th March 2013 (SE/12/0457) for the erection of 15 no. residential units (following demolition of existing storage building). We are advised that the planning permission has been implemented, refer to the planning portal for further information.

    Notes

    The 0.5 floors referred to in the approved drawing are attic floors with windows.

    Bidders are required to place a £10,000 bidding security deposit on this lot prior to the auction. Please contact the auctioneers for further information.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Accommodation / Tenancy Schedule

      Local information

      Situated at the junction of Swan Lane and Raingate Street in the administrative heart of the town and close to the historic Cathedral, St Mary’s Church and the Abbey Gardens. Immediately adjacent to the site is the Suffolk Archives(Records Office), whilst opposite stands the former Shire Hall, recently converted to a Premier inn Hotel.

      The site is within the Bury St Edmunds Town Centre Conservation Area.

      Raingate Street and Swan Lane are relatively quiet roads, and the Weymed site itself is only a short 5-minute walk to Abbeygate Street, the heart of the principal shopping / tourism quarter of the town.



      Transport

      Bury St Edmunds Station - National Rail

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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