Two shops and three self contained flats all let producing £30,072 pa

Georgian building converted into two shops and three flats currently producing an income of £30,072pa plus income from the solar panel system An excellent investment opportunity located in Stalham High Street currently divided into two retail units with a large two bedroom self-contained apartment on the first floor and rear coach house which has been converted into two self-contained one bedroom flats. All properties are let to established tenants producing a combined income of £30,072pa. An additional income of aproximately £3,000pa is generated from the solar panels on the roof. This is, therefore, a highly profitable investment opportunity worthy of addition to any investment portfolio. The property is in a high street location, a short walk from Tesco supermarket.

Tenure

Freehold

Description

Ground Floor

Two retail shops with shared toilet facilities. Large cellar.

First Floor

Self-contained two bedroom flat.

Separate access to the rear to the converted coach house. Ground Floor: Shared entrance lobby. Flat 1: comprising hall, living room with kitchen area, double bedroom, bathroom. First Floor: Flat 2: Hall, lounge, kitchen area, double bedroom, bathroom. Outside: Shared shingle driveway, enclosed courtyard area.

Viewing

Open days

Energy Efficiency Rating (EPC)

Current Rating G

Services

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

Local Authority

North Norfolk District Council. Tel: 01263 513811

Solicitors

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

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.