For Sale By Auction | 11:00, 07 February 2024 | Lot 92

95 Upper St. Giles Street, Norwich, Norfolk NR2 1AB

*Guide | £110,000 - £120,000 (plus fees)

  • Commercial Property
  • Tenure: Leasehold. 199 years from 14th March 2013

Call the team on 01603 505 100 for more information

Auction Date

Wed 07/02/2024

Auction Time

11:00

Auction Venue

Livestream Auction

Long leasehold ground floor shop currently let for £10,000 pa

Currently occupied on a 12 year lease from August 2019 passing rent £10,000 per annum. The current occupier is a beauticians and has been in occupation since 2007. Upper St Giles is located within walking distance of the market place and city centre.

Tenure

Leasehold. 199 years from 14th March 2013

Ground Floor Shop

Comprising of reception area, rear salon, wc and storage area.

Basement

Treatment room

Lease Details

199 years from 14th March 2013 (188 years remaining) Annual ground rent: please refer to legal pack Annual service charge: please refer to legal pack

Business Rates

1 April 2023 to present £9,100

Viewings

Viewings can be arranged in conjunction with the tenant and the next one is Monday 12 February. Please call the Norwich office to book an appointment.

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

Norwich City Council

Solicitors

Leathes Prior (The Close), Ref: Julia Routledge, Tel: 01603 281169

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 - £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.