Sold £174,000
- Retail Property (high street)
- 2 Bedrooms
- Tenure: Freehold
Call the team on 01603 505 100 for more information
Prominent High Street shop with flats above currently producing an income of £14,400pa
Prominent High Street shop and flat investment property currently producing £14,400pa This detached Georgian three storey building is located just off the Market Place. The ground floor shop is let to The Big C charity producing £9,500pa whilst one of the two bedroom apartments is let to an assured shorthold tenant and produces £450pcm, (£5,400pa). The remaining flat was sold on a 99 year lease in 1985 on a peppercorn ground rent with 68 years unexpired. A request for a lease extension is likely in the short to medium term which will add another dimension to this investment.
Tenure
Freehold
Viewing
Open days
Energy Efficiency Rating (EPC)
Current Rating D, F, E
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Breckland District Council. Tel: 01362 695333
Solicitors
Ward Gethin Archer, 10-12 Tuesday Market Place, King's Lynn, Norfolk PE30 1JT, Ref: Mr S Wilson, Tel: 01553 660033
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.
