Mixed use property comprising a shop, house, flat and barn Part let, part vacant

This property has been in the same family for around fifty years and comprises of four self contained units arranged as one ground floor vacant shop with a self contained two bedroom flat above, a let two bedroom house and rear vacant barn. The property is located next to The Bush Public House less than five miles west of Norwich city centre. This is an ideal opportunity for an investor looking for a potentially high yielding investment with redevelopment potential subject to the necessary consents. The property is not listed, however lies within a conservation area. According to the valuation office website the shop has an area of 56.1 sq/m and a rateable value of £1,950 with effect from 1st April 2017. Planning A planning application on 11th September 2020 for change of use from shop to residential and conversion of coach house to residential Reference 2020/1701 was withdrawn on 20th May 2021. Further details including plans can be found on the public access website of South Norfolk District Council, www.south-norfolk.gov.uk/planning.

Tenure

Freehold

Description:

51 The Street

Two bedroom house let to long established tenant paying £350 pcm (£4,200 pa) Ground floor: Rear entrance lobby, kitchen, sitting room, bathroom First floor: Two bedrooms

53 The Street

Vacant shop in need of improvement Ground floor: Three rooms, kitchen

53A The Street

Let two bedroom flat above shop to long established tenant, however will be vacant on completion, gas central heating First floor: Entrance hall, two bedrooms, sitting room, bathroom, kitchen

Barn

Rear attached barn currently used for storage

Outside

Rear garden and yard, potential off road parking to the rear via the narrow alleyway between the house and shop

Viewing

Individual viewings can be arranged - the next are Wednesday 7th, Thursday 15th and Thursday 22nd July APPOINTMENT ESSENTIAL - please call to arrange the next available slot on the appropriate viewing day

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

South Norfolk Council. Tel: 01508 533701

Solicitors

Howes Percival, Flint Buildings, 1 Bedding Lane, Norwich, NR3 1RG, Ref: Tessa Haskey, Tel: 01603 762103

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1140 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.