A mixed use freehold investment producing £13,100pa

This town centre freehold investment comprises of a barbers shop and a one bedroom flat. The shop is currently paying a rent of £8,000 pa and the one bedroom first floor flat, which is let on an Assured Shorthold Tenancy has a rental of £425 pcm providing a combined income of £13,100pa. The property is located in the centre of this busy market town close to the market place and public carparks.

Tenure

Freehold

Ground Floor

Barbers shop (30.1 sq/m), cloakroom, under stair cupboard.

First Floor

Door from side passage leading to entrance lobby and stairs to first floor, lounge, kitchen, bedroom, bathroom, electric storage heating

Note

In addition to the rent the shop pays a service charge of £150 per quarter.

Energy Efficiency Rating (EPC)

Current Rating 3 = D

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.