£550,000
Land for saleThe Street, Icklingham, Bury St. Edmunds, Suffolk IP28
- Auction
Abbotts - Bury St Edmunds Sales
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About this property
**development opportuntiy for sale**
Planning for 9 dwellings full details on the planning link below
DC/19/2145/out | Outline Planning Application (means of access to be considered) - (i) Conversion works to public house (class A4) to create 2 no. Dwellings (class C3) (following demolition of existing extensions); (ii) construction of 7 no. Dwellings and (iii) associated landscaping and car parking (previous application DC/17/0630/out) | The Plough Inn 62 The Street Icklingham Suffolk IP28 6PL
Location
Icklingham is a village and civil parish in the West Suffolk district of Suffolk in eastern England. It is located about 7 miles (11 km) north-west of Bury St Edmunds, 4 miles (6.4 km) south-east of Mildenhall and 9 miles (14 km) south-west of Thetford in Norfolk. The village is on the A1101 road between Bury St Edmunds and Mildenhall in the north-west of the county. The area around the village, characterised by a sandy gravel-laden soil, is known as Breckland, though an arm of the fen-like peat follows the River Lark past the village.
Icklingham
The village straddles the River Lark, a tributary to the Great Ouse. It was once navigable up to Bury St Edmunds, with locks installed; these are now redundant, the remains of at least one lock being visible near Icklingham. The river is the reason for the siting of Icklingham's most prominent industry, the local flour mill. There are two churches in the village: St. James, and All Saints Church, which is of Norman in origin and a Grade I listed building .[1]
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the Partner Agent will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes. It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.
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Tenure
Council tax band
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