A vacant shop and residential ground rent investment with a short lease
A prominent grade ll listed building close to the market place and town centre. The shop was previously let to a long standing tenant but is now vacant and suitable for a wide range of alternative uses. There is a three bedroom apartment on the upper floors, which is approached from the rear, this has previously been sold on a 99 year lease with 52 years remaining. Annual Ground Rent £75.00 pa.
Tenure
Freehold
The shop
Retail area, changing facilities, store, kitchenette side hall wc.
The apartment
Kitchen/diner, lounge, bathroom, 2 bedrooms, studio/bedroom. Courtyard garden
Viewings
Viewings have been arranged for the ground floor only on Friday 9 June. We have access to the upstairs flat on Monday 12th June. Please call the Norwich office to book an appointment.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
South Norfolk Council
Solicitors
Leathes Prior (The Close), Ref: Julia Routledge, Tel: 01603 281169
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £420 inc VAT payable on exchange of contracts.
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.