For Sale By Auction | 11:00 am, 19 July 2017 | Lot 6

Upper Floors 1 Cathedral Street, Norwich, Norfolk, NR1 1LU

Sold £192,000

  • Residential Development
  • Tenure: Leasehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 19/07/2017

Auction Time

11:00 am

Auction Venue

Unknown

Viewing Times:

Wed 28 Jun

01:30 pm - 02:00 pm

Wed 5 Jul

01:30 pm - 02:00 pm

Wed 12 Jul

01:30 pm - 02:00 pm

Range of offices with consent for conversion to two residential units

Substantial first and second floor office space with consent for conversion into two self-contained two bedroom flats Laying at the junction of Prince of Wales Road and Cathedral Street the two upper floors of this imposing building have been recently used offices. However, planning consent has now been obtained for the conversion of the accommodation into two generous two bedroom self-contained flats. These would have a significant resale value or provide a very significant rental income. Cathedral Street is within a very short walk of the railway station and city centre, with its wide range of high street shops and facilities.

Tenure

Leasehold

Ground Floor

Entrance lobby

First Floor

Offices extending to 97.34 square metres

Second Floor

Offices and storage extending to 90.47 square metres

Proposed accommodation

Ground Floor

Shared entrance lobby

First Floor Flat

Lounge, kitchen, two bedrooms, bathroom

Second Floor Flat

Lounge, kitchen, two bedrooms, bathroom

Business Rates

The current rateable value for the property is £13,000. Gross internal measurement 187.91 square metres.

Planning

Planning permission was granted by Norwich City Council for the conversion of the first and second floors to create two residential units, planning reference number 16/000740/F.

Viewing

Open days

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

Norwich City Council. Tel: 0344 980 3333

Solicitors

Howes Percival, Flint Buildings, 1 Bedding Lane, Norwich NR3 1RG, Tel: 01603 281967

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% including VAT subject to a minimum of £720.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.