From
£500,000
Land for saleSt. Marys Square, Bury St. Edmunds IP33
- Auction
Savills - National Auctions
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About this property
Freehold development site
Approximate site area 0.27 hectares (2,743 sq m)
6 x 3.5 storey - 4 bed town houses each with a roof garden, a garage and parking spaces
15 contemporary town houses
6 x 2.5 storey - 3 bed town houses with gardens and parking
Potential for alternative schemes subject to the requisite consents
3 x 2.5 storey - 2 bed town houses with gardens and parking
By order of the lpa Receivers
Vacant
Strapline
Auction Sale - 19/08/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Freehold development site with planning consent for a residential development comprising 15 contemporary town houses. Potential for alternative schemes / uses subject to the requisite consents. Vacant
Description
A broadly level site with hard standing, accessed from Swan Lane, formerly used as a car park for the office building to the north. The boundary wall to the east is Grade II Listed. There is a substation to the east side of the site which may need to be relocated to facilitate development.
Location
Situated at the junction of Swan Lane and Raingate Street in the administrative heart of the town and close to the historic Cathedral, St Mary’s Church and the Abbey Gardens. Immediately adjacent to the site is the Suffolk Archives(Records Office), whilst opposite stands the former Shire Hall, recently converted to a Premier inn Hotel.
The site is within the Bury St Edmunds Town Centre Conservation Area.
Raingate Street and Swan Lane are relatively quiet roads, and the Weymed site itself is only a short 5-minute walk to Abbeygate Street, the heart of the principal shopping / tourism quarter of the town.
Transport
Bury St Edmunds Station - National Rail
Planning
Planning permission was granted on the 19th March 2013 (se/12/0457) for the erection of 15 no. Residential units (following demolition of existing storage building). We are advised that the planning permission has been implemented, refer to the planning portal for further information.
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