A town centre shop currently let to a long standing tenant paying £865 per month £10,380 pa

Currently trading as a florist this two storey premises has the benefit of a central position close to the Market Place. The tenant occupies the property on a 20 year lease which commenced in 2018 with upward only rent reviews every two years. The building comprises of a retail shop area, preparation area, office and staff kitchen and wc on the ground floor with a large storage room on the first floor.

Tenure

Freehold

The premises

A brick and tile two storey building

Tenancy

The current lease commenced on 12.4.2018 and runs for a period of 20 years. The passing rent is £10,380 per annum. 2 yearly rent reviews.

Business Rates

Current rateable value from 1 April 2023 to present: £9,800

Energy Efficiency Rating (EPC)

Current Rating B

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

Ward Gethin Archer (Dereham), Ref: Tracy Guest, Tel: 01362 852918

Additional Fees

Buyer's Premium - £600 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.