Timber and Building Supplies Yard. Let producing £14,40O PA

Timber and building supplies yard let producing £14,400pa This timber and building supplies yard extends to around 0.2 of an acre. It is currently let at £1,200pcm (£14,400pa). The lease has expired and the tenant is holding over. The site comprises of a timber framed brick and block cart shed with corrugated iron and tiled roof, and a brick and block clad industrial unit. According to the valuation office website the property is described as store and premises, has an area of 230.9sq/m and a rateable value of £4,700. There are residential properties to each side so there may be some potential redevelopment of the site, subject to the necessary consents. Outwell is located around nine miles west of Downham Market and eighteen miles south of King's Lynn.

Tenure

Freehold

Interested parties should be aware that there is a boundary dispute with the adjoining property, further details to be included in the legal pack which is free to download via our website, www.auctionhouse.uk.net/eastanglia.

Note

Please be advised that in addition to the auctioneers administration charge there is also a buyers premium of £900.00 (£750 plus VAT) which is payable upon signing the contracts

On instructions of fixed charge receivers.

Viewing

Please call the Auctioneers - 01603 505100

Energy Efficiency Rating (EPC)

Current Rating E

Services

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

Local Authority

King's Lynn and West Norfolk Borough Council. Tel: 01553 616200

Solicitors

Irwin Mitchell, Irwin Mitchell Solicitors, 2 Wellington Street, Leeds LS1 4BZ, Ref: Doug Robertson, Tel: 0113 234 3322

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.