A prominent shop currently let to Big C charity on a recently extended ten year lease renting for £10,500 pa plus ground rent income from two flats of £250 pa

This three storey building which is located close to the Market Place has been let to The Big C charity for over ten years and a new tenancy has been recently signed extending the lease for a further ten years. The rent is £10,500 pa and an additional £250 pa is derived from the ground rent income from two self contained flats which are located on the upper two floors. National retailers, banks and local retailers are located nearby and the property lays in an area of high footfall with public carparking nearby.

Tenure

Freehold

Accommodation

Ground floor: retail area office and wc Upper floors: two self contained flats sold on leases

Business Rates

1 April 2023 to present: £11,750

Flat leases

Flat A: 166 years from 24 June 1984 (126 years remaining) Flat B: 99 year from 1985 (60 years remaining)

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

Rudlings LLP, Ref: Steven McGrath, Tel: 01842 754151

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.