A freehold investment consisting of two shops with living accommodation over. Both units are let and produce a joint income of £26,000 pa
The corner gift shop is currently let with an income of £8,000 per annum and the restaurant is producing an income of £18,000 per annum. The properties are located close to town centre market place and are considered a valuable investment opportunity, close to public car park and other amenities.
Tenure
Freehold
8 Norwich Street
Retail space, side entrance hall leading to first floor landing, kitchen, shower room, bedroom/store room (760 sq/ft)
10 Norwich Street
Restaurant, kitchen, store room, first floor (not inspected) (1,506 sq/ft)
Energy Efficiency Rating (EPC)
Current Rating 8 - D, 10 - C
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Breckland Council. Tel: 01362 656870
Solicitors
Leathes Prior, 28 Tombland, Norwich, NR3 1RE, Ref: Rob Sibley, Tel: 01603 281104
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
Buyer's Premium - £420 inc VAT payable on exchange of contracts.
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.