Vacant mixed use end terrace property comprising shop with potential and flat above

This property comprises a ground floor shop and self contained one bedroom flat above. The shop unit is double glazed and requires improvement. The flat was previously let and is also to be sold with vacant possession. The flat has new double glazing and gas central heating with a new boiler installed in spring 2024. We are informed the ground floor shop has lapsed planning permission to convert into a flat giving redevelopment potential to have as two flats or a single two storey dwelling. It is located near Anglia Square which Norwich City Council have recently purchased to redevelop which will further improve the area. Ideal purchase for a builder / investor.

Tenure

Freehold

Ground Floor (46 sq/m)

Shop, three rooms, w.c.

First Floor (46 sq/m)

Landing, lounge, kitchen, bedroom bathroom.

Outside

Rear enclosed yard, off road parking space at front of shop

Ratable Value

According to the Valuation Office website, the shop has a rateable value of £1,300 with effect from the 1st April 2023.

Council Tax Band

A

Viewing

Viewings are being held by appointment only. The first opportunity to view is Tuesday 14 and Friday 17 January Please contact the Norwich Office to book your appointment.

Energy Efficiency Rating (EPC)

Current Rating Shop: F Flat: E

Services

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

Local Authority

Norwich City Council

Solicitors

EG Law, Ref: Allyson Phillips, Tel: 01508 500120

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.