Property description

****FANTASTIC TOWN CENTRE RESIDENTIAL DEVELOPMENT OPPORTUNITY FOR THE CONVERSION OF THE FORMER EXISTING BELL PUBLIC HOUSE TO CREATE 11 RESIDENTIAL APARTMENTS ****

Location

The property comprises the Former Bell Public House located within the heart of Haverhill Town Centre on the north-east side of the Town. The property is located within a Conservation Area.

Other local nearby occupiers include the Co-operative Funeral Services and Post Office and the property is located opposite the Church of St Mary.

Description

The property comprises the former Bell Public House which is located in the heart of Haverhill Town Centre. The building fronts onto the High Street.

The use of the building as a Public House ceased in November 2013.

The property now comprises a residential development opportunity with planning consent having been granted for the conversion and extension of the existing building to form 11 flats.

Planning and Development

Full Planning Consent was granted by St Edmundsbury Borough Council under Planning Reference: DC/14/1172/FUL for:

\"Conversion and extension of existing public house to accommodate an A1 retail unit, and 11 residential units (5 x 1 bed flats and 6 x 2 bed flats) with associated parking and landscaping\"

The property lies within a Conservation Area.

Freehold and Ground Lease:

The freehold interest in the site is available for sale; however our clients will retain the ground floor and basement on a long term lease arrangement (to be mutually agreed).

An agreement can be derived where the purchaser will retain the ground floor commercial space and the purchaser hands back this area to shell and core finish.

Additional Land:

There is additional land to the rear of the site (shown as scrubland and shaded green on the proposed site plan). It is intended that this land is to be retained by the client, however should any interested parties want to submit a separate offer for this land, then the vendor will sell this land (subject to mutual negotiation and agreement).

EPC:

The EPC rating for the building is: C.

Method of Sale:

The freehold interest in the property is offered by way of Informal Tender.

TENDERS TO BE RECEIVED ON THE PRESCRIBED INFORMAL TENDER FORM BY NO LATER THAN 12 NOON ON FRIDAY 3RD APRIL 2015.

OFFERS SHOULD BE UNCONDITIONAL, BE SUPPORTED BY PROOF OF FUNDS WITH THE ABILITY TO CONTRACTS WITHIN 28 DAYS WITH COMPLETION 2 WEEKS THEREAFTER.

Contacts:

Abbotts Haverhill: 01440 869007

Tom Mayes - Senior Land Manager on 07725 428 724

Viewing Day(s)

Those wishing to view the property may do so by strict prior appointment with the Agents at the Viewing Days. Please contact the Branch on 01440 869007 for the times and dates of the Viewing Days to arrange a viewing.