Lot 10

Former South Norfolk Conservative Association, Grasmere, Denmark Street, Diss, Norfolk IP22 4LE

Former detached Conservative headquarters building overlooking the Diss Mere.

Guide Price: £450,000 - £500,000

Description:

A rare and fantastic opportunity to acquire the former South Norfolk Conservative Association headquarters building with offices located on Denmark Street in Diss. Currently the usage is B1 office and A4 Social Club but could offer further potential for either apartments or townhouses subject to obtaining the necessary planning consents. The property sits high up on Denmark Street and has gardens leading down to the Diss Mere with magnificent panoramic views from the bar balcony and various terrace levels with full eastern and southern aspects. The whole plot measures approximately 0.5 acre subject to measured survey and also offers off road parking for several cars. The property received planning permission for conversion into 14 apartments in 2010 but this permission has now lapsed. Located within walking distance of the town centre where you will find supermarkets, banks, local shops, cafes, restaurants, business and leisure facilities including public swimming pool. Ideal for a developer/investor. Please note: The Grasmere Club Ltd holds a formal written tenancy until December 2020 at a rent £6,321 pa.

Ground Floor: Entrance reception hall, function room, members club room, club room, ladies and gents wc, bar kitchen. Lower Ground Floor: Snooker room, storage areas, bar cellar and former dining room. First Floor: Landing, three offices, meeting room, wc, kitchenette, rear lobby and upper terrace area which also leads down to Denmark Road. Exterior: Off road parking for several vehicles to the side. Steps leading to rear garden which is lawned with mature trees and shrubs and leads down to the Diss Mere. Agents Note. Please be aware that there is a buyers premium of £495 inc VAT payable on exchange of contracts.

Tenure

Freehold

EPC Rating

E

Viewing Dates and Times

12 July 13:00 - 14:00 19 July 13:00 - 14:00 26 July 13:00 - 14:00

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers, William H Brown’s East Anglian Auction Centre, and vendors solicitors seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30am. Prospective purchasers are advised to check with the auctioneers, East Anglian Auction Centre, before the sale that the property is neither sold or withdrawn. The purchaser will also be deemed to have read and understood the auction conduct notes and Important Notice printed within the sale catalogue.

Health & Safety Advice for Property Viewers

Whilst William H Brown make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of the properties in our auction and cannot therefore guarantee the safety and security of viewers. Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds, outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.

Guides and Reserve Prices

Guide Price: An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction. Reserve Price: The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Note

Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or credit card deposits. The sale of each lot is subject to a contract documentation charge of £1150 (including VAT) payable on the fall of the hammer. If you are unable to attend the auction for any reason you can still bid on the property either by telephone or proxy bid, please contact the auctioneers for further information. Guidance notes are set out in the catalogue in relation to auction property, particularly from a purchasing perspective. East Anglian Auction Centre are contactable at 5 Bank Plain, Norwich, Norfolk, NR2 4SF, Telephone: 01603 598975 Visit our Website at www.williamhbrownauctions-norwich.co.uk - Legal Packs available.