For Sale By Auction | 11:00, 01 May 2024 | Lot 75

24 and 24A Market Place, Hingham, Norwich, Norfolk NR9 4AF

*Guide | £250,000 - £300,000 (plus fees)

  • Detached House
  • 4 Bedrooms
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 01/05/2024

Auction Time

11:00

Auction Venue

Livestream Auction

This freehold mixed use investment opportunity comprising of a four bedroom residential property and a commercial unit trading as a takeaway, currently producing £11,520 pa (£960 pcm)

This freehold mixed use investment opportunity comprising: A retail unit trading as a takeaway and let on a 15 year lease from 1st November 2021 at a current rent of £11,520 pa. A four bedroom house, sitting room, kitchen/breakfast room with pantry and conservatory. Courtyard garden with outside w.c., Outbuilding/storage and two brick built storage sheds. Situated in the sought after village of Hingham, with local amenities and the Norfolk market towns of Wymondham, Attleborough & Watton all within easy access.

Tenure

Freehold

24 Market Place

Takeaway/serving area, preparation area

Ground Floor 24A Market Place

Large entrance hall, sitting room, kitchen/breakfast room with pantry, conservatory

First Floor 24a Market Place

Main bedroom with en-suite, three further bedrooms and main bathroom

Outside

Courtyard with storage area, outside W.C. Two brick built storage sheds.

Business Rates

According to the Valuation office website the shop has a rateable value of £4,400 with effect from 1 April 2023.

Council Tax Band

D

Viewing

Viewings have been arranged for Wednesday 24th April 2024 Please call the Norwich office to book an appointment.

Energy Efficiency Rating (EPC)

Current Rating D, E

Services

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

Local Authority

South Norfolk Council

Solicitors

Ward Gethin Archer (Dereham), Ref: Tracy Guest, Tel: 01362 852918

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

Buyer's Premium - £600 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc 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.