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Unit Adjacent, 7 Aslake Close, Sprowston, Norfolk, NR7 8AY
Guide Price* : £75,000 to £100,000
Upon Instructions of
- Site of Approximately 1.028 Hectares (0.069 Acres)
- Vacant Possession
- Freehold
- Potential Development Opportunity (STP)
Addendum
Please see the legal pack and its provisions in the Special Conditions of Sale including reference to a draft transfer and draft Overage Agreement and repayment of costs and fees on completion. The Overage Agreement contains provision for 25% uplift payment for a period of 10 years.
Description
The property comprises a single storey brick-built detached commercial unit approximately 33.52 sq m (361 ft) GEA on a site area of approximately 0.028 hectares (0.069 acres).
Externally, the property features a partially landscaped lawn and paved areas allowing access to the unit.
Location
The property is located within the town of Sprowston and is situated in a predominantly residential area with access to both local amenities and major routes. Aslake Close is a short cul-de-sac road connected to Linacre Avenue, which provides direct routes toward Sprowston Road (A1042) and the nearby Ring Road (A47), offering connections to Norwich and surrounding regions.
The area surrounding Aslake Close is composed of residential properties and a mix of light commercial establishments, indicative of a suburban setting. The site is also close to local amenities such as schools, shopping centers, and parks, including Sprowston Manor and Mousehold Heath.
Tenure
The property is held Freehold under Title Number NK384509.
Planning Authority
Norfolk County Council - www.norfolk.gov.uk
Bidder Registration
Registration for bidding will close at 2:00 pm the day before the auction, after which we cannot guarantee giving you permission to bid at the auction.
VAT
Refer to the legal documentation
Energy Performance Certificate
TBC
Note
Overage
Please see the legal pack and its provisions in the Special Conditions of Sale including reference to a draft transfer and draft Overage Agreement and repayment of costs and fees on completion. The Overage Agreement contains provision for 25% uplift payment for a period of 10 years.
Contact
Joint auctioneers
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Administration Fee The successful purchaser will be required to pay the auctioneers administration fee of £1,800 inclusive of VAT on purchases of £20,000 and above and £600 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
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The successful purchaser will be required to pay the auctioneers administration fee of £1,800 inclusive of VAT on purchases of £20,000 and above and £600 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
Joint Agent
Office Contact
Vendor
Agreement Documents
Additional Documents
Subject to Contract and Exclusive of VAT © Lambert Smith Hampton December 2024
Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including LSH Property Auctions, and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.
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