Investment opportunity for two retail units and two flats
An investment opportunity to acquire these two retail premises with two residential flats located above. Currently all let producing £14,628 per annum. We are advised the flats are in need of some refurbishment, although one has recently had a new boiler fitted and one is in better condition throughout. The retail units are currently operating as a home brew shop and a barbers.
Tenure
Freehold
Retail Units
Both retail premises cover 845sq/ft.
Flats
Flat 153A (not inspected)
Hall, stairs leading to first floor, lounge, kitchen, two bedrooms, bathroom, garden.
Flat 154A (not inspected)
Hall, stairs leading to first floor, lounge, kitchen, bedroom 1, bathroom, garden.
Outside
Pedestrian access leading to rear derelict workshop.
Energy Efficiency Rating (EPC)
Current Rating D
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Great Yarmouth Borough Council
Solicitors
Norton Legal, Unit 8 Beech Avenue, Taverham, Norwich, NR8 6HW, Ref: Tracy Guest, Tel: (01603) 864331
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 £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.