First floor duplex flat currently tenanted to a long standing tenant of seven years producing an income of £4,800 pa

Situated in a retail area of Great Yarmouth this self contained duplex flat has it's own entrance and is arranged over two floors. The flat is currently let to a long standing tenant of seven years on an AST and is producing £4,800 pa with the potential to be increased. The flat is kept in immaculate order and offers entrance and stairs to first floor, kitchen, living room on the first floor, and stairs to second floor providing bedroom and separate bathroom.

Tenure

Leasehold

Ground floor

Entrance hall with stairs to first floor

First floor

Landing, kitchen, living room with stairs to second floor

Second floor

Landing, bedroom, bathroom

Lease details

179 years remaining of a 199 year lease expiring 2202

Ground Rent

£50 pa for first 100 years and £100 thereafter

Service Charge

n/a

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Great Yarmouth Borough Council

Solicitors

Norton Peskett (Great Yarmouth), Ref: Matthew Breeze, Tel: 01493 849225

Additional Fees

Buyer's Premium - £960 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.