COVID-19 – Important Auction Information
For Sale By Auction | 11:00, 04 May 2022 | Lot 40

The Old Storeroom, 2 & 2a Lower Clarence Road, Norwich, Norfolk NR1 1HD, NR1 1ER

*Guide | £250,000 - £270,000 (plus fees)

  • Apartment
  • 1 Bedroom
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 04/05/2022

Auction Time

11:00

Auction Venue

Livestream Auction

Freehold detached property comprising of an office and one bedroom apartment close to Norwich train station

This unique FREEHOLD mixed use property is situated a street away from Norwich train station. The one bedroom single storey apartment and separate commercial office with Class E use is completed to a high standard with contemporary finishes including a roof garden. Both the properties would offer an excellent yield in the rental market or offer the opportunity to to live and work in close proximity. The building has the potential to develop upwards (stpp) and includes a small courtyard or parking space.

Tenure

Freehold

Apartment

A gated entrance to decked private courtyard garden leads to new bi-fold doors opening into a bright living space, contemporary fitted kitchen, shower room and double bedroom with wardrobe space . You access the spectacular roof garden to take in far reaching city views.

Business Space

With Class E use, this could make an ideal office or shop, such as a tattoo parlour, hairdressers or financial services office. Alternatively, subject to planning a change of use, this could also make a generous studio apartment with fantastic Airbnb potential, with its great central location. Fitted with industrial style fittings and supported by a kitchen area and separate shower room.

Options

Potential income £800 pcm for the apartment and £600 pcm for the office. Alternatively an Airbnb option would see this potential income substantially increased.

Draft Details

Awaiting Vendor Approval

Viewings

Open viewings are arranged and the next are Wednesday 27 April. To book an appointment please call the Norwich office on 01603 505100

Energy Efficiency Rating (EPC)

Current Rating C and C

Services

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

Local Authority

Norwich City Council

Solicitors

Ward Gethin Archer, Ref: Tracy Guest, Tel: 01362 692182

Additional Fees

Buyer's Premium - £960 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 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.