Development Site for sale in Wells-next-the-Sea

AUCTION PROPERTY The subject property is a rare opportunity to purchase an apartment situated in an iconic building on The Buttlands in the heart of the Norfolk seaside town of Wells-next-the-Sea. Internally the property is well presented with high ceilings and Dorma window offering an elevated view over The Buttlands.

The town of Wells-next-the-Sea has been a commercial and fishing port for approaching 600 years and offers moorings for a growing number of crafts. It is situated approximately one mile from the quay, sandy beaches and the iconic colourful beach huts. There is also a good range of shops, cafes, galleries and recreational facilities.

Ground Floor
Communal entrance way with staircase leading to:

Second Floor
Private entrance door, open plan living/dining room, kitchen area, shower room and galleried mezzanine level bedroom.

Auctioneers Note
At the time of publication the Auctioneers have been unable to internally inspect the property. These details and photos have been provided by the Joint Auctioneer and interested applicants should rely on their own investigations to verify the information provided.

Tenure
Remainder of a 125-year lease from 29th September 2005 and each of the six leaseholders own a Share of the Freehold and are responsible for the maintenance of the building. Current Ground Rent 50 per annum. Further information will be provided in legal pack which can be downloaded from the Clive Emson Website.

Council Tax Band A

EPC Rating to be revised

Leasehold with Vacant Possession

Residential EPC: G

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 the 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 www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

*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 www.cliveemson.co.uk/buyers-fees/