Mixed use: vacant shop and flat, requires complete refurbishment Redevelopment opportunity

This mid terrace property compries of a ground floor shop with a first floor self-contained two bedroom flat above. The shop has had a number of uses over the years including a newsagents. However it has been empty for a number of years and now requires renovation. According to the valuation office website the ground floor shop has an area of 47 sq/m and a rateable value of £2,100 with effect from 1st April 2017. The flat is a first floor two bedroom flat accessed from a door to the right hand side of the front of the property. It is double glazed, however requires a kitchen, bathroom and full program of updating. There is the potential to redevelop the property into two self contained flats or one house, subject to the necessary consents.

Tenure

Freehold

Description:

Ground floor shop: main shop area, office, store Flat: Ground floor: entrance hall First Floor: Landing, two bedrooms, bathroom, kitchen, sitting room, wooden balcony Outside: front area, rear garden in need of attention with wooden outbuilding and outside wc, potential off road parking space subject to the necessary consents

Energy Efficiency Rating (EPC)

Current Rating F

Services

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

Local Authority

East Suffolk Council. Tel: 0333 016 2000

Solicitors

Norton Legal, Unit 8 Beech Avenue, Taverham, Norwich, NR8 6HW, Ref: Tracy Guest, Tel: (01603) 864331

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.