For Sale By Auction | 11:00 am, 15 April 2015 | Lot 5

The Corner Salon, Coltishall Road, Buxton, Norwich, NR10 5HB

Sold £185,500

  • Hairdresser / Barber Shop
  • 2 Bedrooms
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 15/04/2015

Auction Time

11:00 am

Auction Venue

Unknown

Viewing Times:

Thu 26 Mar

11:00 am - 11:30 am

Thu 2 Apr

11:00 am - 11:30 am

Thu 9 Apr

11:00 am - 11:30 am

A hairdressing salon with 2 bedroom flat let producing an income in the region of £17,000pa

Ground floor hairdressing shop and self-contained two bedroom first floor apartment Located in the centre of the popular village of Buxton, this detached building incorporates a ground floor hairdressers, which is currently providing a significant income from the rental of rooms and hairdressing stations on a daily basis. The first floor two bedroom flat has been let on an Assured Shorthold Tenancy from the 1st April with a rental income of £475pcm. Informal discussions have taken place regarding the potential use of the ground floor as further living accommodation. However, purchasers should make their own enquiries of the relevant authorities regarding this potential change of use. The property lies opposite Buxton village church and is placed within a short walk of the village convenience store, post office, pub, church and village school.

Tenure

Freehold

Description

Ground Floor

Salon and treatment rooms, toilet and rear convervatory in total providing 62.62 sq/m of space.

First Floor Flat

Sitting room, kitchen, two bedrooms, bathroom

Outside

Three parking spaces to the front of the property, one of which is allocated to the flat.

Rateable Value

The hairdressing shop has a rateable value of £4,350 with effect from 18th July 2011.

Income

There are three current users of the haidressers and beauty salon, each paying £35 per day for the use of the facilities. Further details regarding the income generated can be obtained from the Auctioneers.

Viewing

Open days - dates and times to be confirmed

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

Broadland District Council. Tel: 01603 431133

Solicitors

Norton Legal, Unit 8 Beech Avenue, Taverham, Norwich, Norfolk NR8 6HW, Ref: Ms Tracy Guest, Tel: (01603) 864331

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

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ 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.