Sold £204,000
- Mixed Use
- Tenure: Freehold
Call the team on 01603 505 100 for more information
Two shops, (one vacant), and two tenanted flats with a brick built outbuilding to rear -current rental income £20,240
This Grade ll listed building comprises of two lock up shops one of which is vacant (No 15) and the other let to a charity shop (No 17) which produces an annual income of £8,000pa. There are two self contained flats on the upper floors both of which are let and produce a combined income of £12,240 pa. To the rear of number 15 is a brick and tile outbuilding which has potential to convert into a further letting unit subject to approval. This is an excellent investment opportunity with a potential annual income of around £25,240 pa is located at the heart of this busy market town, a short walk to the Market Place and close to public car parks and a range of other high street shops and useful amenities.
Tenure
Freehold
15 Norwich Street, Dereham
Ground Floor: Lock up shop, staff toilet Upper Floors: Approached from rear, lounge, kitchen, bedroom{squote} box room, bathroom
17 Norwich Street, Dereham
Ground Floor: Lock up shop, staff toilet First Floor: Lounge, kitchen, bedroom, box room, bathroom
Outbuilding 17 Norwich Street, Dereham
Brick and tile outhouse situated to the rear of number 15 and accessed through a side passageway.
Tenancies
15 Norwich Street - Vacant 17 Norwich Street - Let to Charity 5 year lease £8,000 pa 15a Norwich Street - Let £525 pcm 17a Norwich Street - Let £495 pcm
Viewings
Individual 15-minute appointments can be arranged - the next are Friday 5 February - BOOKING ESSENTIAL - Please call the Norwich office on 01603 505100 to book the next available slot
Energy Efficiency Rating (EPC)
Current Rating No 15 - D No.17 - 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
Trethowens, 1 London Road, Salisbury, SP1 3HP, Ref: Zach Rooney, Tel: 01722 412512
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 - £600 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.
