Residential Development Site, College Road, Framlingham, Suffolk                                                                        Freehold for Sale     

FREEHOLD RESIDENTIAL DEVELOPMENT SITE WITH PLANNING PERMISSION - 0.35 ACRES - FREEHOLD

FOR SALE BY INFORMAL TENDER ON BEHALF OF

LOCATION

Framlingham is a particularly attractive market town located approximately 15 miles to the north of Ipswich and 8 miles from Woodbridge in the popular Suffolk Coastal area.

The property is located on the west side of College Road within easy walking distance of the town centre as well as the highly regarded Robert Hitcham Primary School, Thomas Mills High School and Framlingham College.

DESCRIPTION

The property comprises an irregular shaped site on two levels and was the former town gas works. There are a number of structures on the site. The main frontage of the site is on College Road although there is also pedestrian and vehicular access off Albert Road.

PLANNING

Outline planning permission has been granted by Suffolk Coastal District Council for the erection of five two storey dwellings. A planning agreement under Section 106 of the Town and Country Planning Act 1990 has been entered into between Suffolk Coastal District Council and National Grid Property Holdings Ltd.

A detailed information pack is available from the vendor’s solicitors in the sum of £150 plus VAT.  Prospective purchasers who may be interested in obtaining this should send a cheque in the sum of £150 plus VAT, totalling £176.25, made payable to DLA Piper and sent to:

Ms Vanessa Rickard
DLA Piper
101 Barbirolli Square
Bridgewater
Manchester M2 3DL
Tel: 0161 235 4027

SITE CONDITIONS

Our clients have commissioned extensive environmental reports and these are also available with the information pack. Some contamination has been identified and purchasers can carry out their own site investigations if they so wish in accordance with the terms set out in the information pack.

TERMS AND METHOD OF SALE

The property is to be sold freehold with vacant possession and offers are invited in the region of £450,000 plus VAT.

The property is offered for sale by informal tender and offers are to be submitted by 12 noon on Tuesday 7 August 2007. Details of the basis upon which offers are to be submitted may be obtained from the vendor's Agents.

COSTS

Each party will be responsible for their own costs incurred in connection with this transaction.

VIEWING

Strictly by prior appointment with the vendor’s Sole Agents:

Fenn Wright, 1 Buttermarket, Ipswich, Suffolk IP1 1BA

Telephone 01473 232701

Fax 01473 230745
Email: mjs@fennwright.co.uk