Shop and Studio Flat, 2 Upper Olland Street, Bungay, Suffolk NR35 1BG

A leasehold lock-up shop and self-contained studio flat set within the popular town of Bungay. Located at the junction of Upper Olland Street and Quaves Lane. The building is grade 2 listed. Accommodation Shop, 2 Upper Olland StreetSize - 55.4 sq.m (596 sq.ft). Leasehold. Held for a term of 999 years from 10th February 2006 at a peppercorn ground rent.Studio, 2 Upper Olland StreetLeasehold. Held for a term of 999 years from 10th February 2006 at a peppercorn ground rent.Note We have been informed that the owner of the Freeholder is a dissolved company – LCR Properties Limited 4810704. Please see legal pack. Lease Length 999 years Costs Auction Details The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type. Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws. Auction Deposit and Fees The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of 1.8% inc. VAT of the purchase price (subject to a minimum of £2,400 inc. VAT) There may be additional fees listed in the Special Conditions of Sale, which wil…

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