Commercial investment comprising two storey shop and car sales yard with current combined rental income £9,750 pa

Located in a small parade of local shops and businesses this two storey building is currently let to a charity with an income of £437.50 pcm (£5,250 pa). Adjoining the shop is a yard and storage area which is currently let to an established car sales business with an income of £375 pcm (£4,500 pa). Both leases have expired and are holding over. St Johns Close is located just off Hall Road, close to the junction with Cecil Road approximately half a mile from the city centre

Tenure

Freehold

The Shop

Currently let to a charity the premises extends over two floors

The Yard

A secure yard with works shops.

Viewings

Open viewings are being scheduled - the next are on Monday 19 October - APPOINTMENT IS ESSENTIAL. Call the Norwich office on 01603 505100 to book a slot on the next viewing day.

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

Norwich City Council

Solicitors

Hatch Brenner, 4 Theatre Street, Norwich, NR2 1QY, Ref: Colin Alexis, Tel: 01603 660811

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.