Vacant café and let flat above producing £7,800 pa

Mixed use property - Vacant café and let flat producing £7,800pa This mid terrace building comprises of a vacant ground floor café and a self-contained spacious two bedroom flat above set over two floors. The flat is currently let on an Assured Shothold Tenancy at £650pcm (£7,800pa) which includes council tax and heating but not electricity. The building, which requires improvement, is located close to the town centre and overlooks the historic Greyfriars Tower and gardens. According to the valuation office website, the café has a rateable value of £6,200 with effect from 1st April 2010 and an area of 92.6 sq/m.

Tenure

Freehold

Description

CAFé:

Ground Floor: Café area, kitchen, utility, w.c. Outside: Off-road parking to the rear.

FLAT 49A

First Floor: Landing, dining room, kitchen, bathroom, sitting room, w.c. Second Floor: Landing, two bedrooms.

Viewing

Open days

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

The Borough Council of King's Lynn and West Norfolk. Tel: 01553 692722

Solicitors

DLA Piper, Princes Exchange, 2 Princes Square, Leeds LS1 4BY, Ref: Mr T Maddison, Tel: 0113 369 2455

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.