For Sale By Auction | 11:00, 26 July 2023 | Lot 48

91 & 91a High Street, Stalham, Norwich, Norfolk NR12 9BB

Sold £120,000

  • Mixed Use

Call the team on 01603 505 100 for more information

Auction Date

Wed 26/07/2023

Auction Time

11:00

Auction Venue

Livestream Auction

Let shop producing £5,000 pa and vacant flat above with land to rear

This semi detached property comprises a ground floor shop and self contained one bedroom flat above. The shop trades as Michelle Ryan Beauty and Training and is let to an established tenant at £416.66 pcm (£5,000 pa) on a three year lease dated 30th July 2019, which is now rolling over. The vacant first floor one bedroom flat is accessed from the rear. It is in good decorative order and has gas central heating and is double glazed. This is an ideal mixed use investment opportunity with further income potential from letting out the flat.

91

Ground floor shop: Main room, store room with rear access, wc, kitchen area

91a

First floor flat: Landing, kitchen, bathroom, bedroom, sitting room

Outside

Rear side yard area for shop, land and dilapidated outbuilding to rear

Viewing

Open Viewing has been scheduled for Friday 21st July APPOINTMENT ESSENTIAL - please call our Norwich office to be allocated a time slot

Energy Efficiency Rating (EPC)

Current Rating shop: D, flat: E

Services

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

Local Authority

North Norfolk District Council

Solicitors

Cozens-Hardy LLP, Ref: Dan Evans, Tel: 01603 724676

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 - £900 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.