Sold Prior | Lot 20

8-10 Norwich Street, Dereham, Norfolk, NR19 1BX

Sold Prior

  • Commercial Property
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 10/02/2021

Auction Time

11:00

Auction Venue

Livestream Auction

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.