Postponed
- Commercial Property
- Tenure: Leasehold
Call the team on 01603 505 100 for more information
Modern town centre ground floor shop with planning permission to convert into three flats
This 1,937 sq/ft ground floor retail unit forms part of a larger residential development. The premises benefits from electric heating and has a large window frontage to the road. It was previously let at £15,000 pa and is now to be sold with vacant possession, It now benefits from full planning permission to convert into three flats for the over 55's. According to the valuation office website the property has an area of 178.1 sq/m and a rateable value of £14,250 with effect from 1st April 2017. The property is located in the town centre close to a Tesco supermarket.
Tenure
Leasehold
Planning
Full planning permission was granted by Breckland District Council on 16th February 2021 for change of use from retail unit to three dwellings. Application number 3PL/2020/1491/F. Further details and plans can be found on the public access website of Breckland District Council breckland.gov.uk/planning.
Proposed Accommodation
Flat 1: Open plan living / kitchen/ diner, ensuite bedroom, second bedroom, bathroom Flat 2: Open plan living / kitchen/ diner, bedroom, shower room Flat 3: Open plan living / kitchen/ diner, bedroom, bathroom
Leasehold Information
Term: 125 years from 1st January 2010 (113 years remaining) Annual Service Charge: £1,285.89 Ground Rent: £50 pa Ground Rent review period: Every 25 years
Viewings
Open Viewings are being held strictly by Appointment Only. The next is Friday 21 October. Please contact the Norwich office to book an appointment 01603 505100.
Energy Efficiency Rating (EPC)
Current Rating C
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Breckland Council
Solicitors
Ashtons Legal (Bury St Edmunds), The Long Barn, Ref: Katie Noble, Tel: 07458109750
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
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.
