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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

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.