Vacant shop and three bedroom house with tenanted one bedroom flat currently producing £465 pcm
An ideal investment opportunity located in the town centre of Kings Lynn. The vacant ground floor shop has an area of 42.8 sq/m and a rateable value of £5,100 with effect from 1st April 2017 (according to the valuation office website). The one bedroom flat above, which is accessed to the rear, is currently let producing £465 pcm on an assured shorthold tenancy. The three bedroom house which is also accessed to the rear is currently vacant but was producing £650 pcm on a previous assured shorthold tenancy.
Shop - 29 Norfolk Street
House - 21a Old Sunway
Entrance hall, open plan kitchen/living room
Three bedrooms, bathroom
Flat - 21b Old Sunway
Lounge, kitchen, bathroom, bedroom.
The current business rateable value is £5,100
Energy Efficiency Rating (EPC)
Current Rating D, D, D
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Kings Lynn and West Norfolk Borough Council
Isadore Goldman, Lawrence House, 5 St Andrews Hill, Norwich, NR2 1AD, Ref: Robert Pyke, Tel: 01603 611370
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £954 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.