Prominent freehold shop with upper parts in need of refurbishment

The large property comprises a mid-terraced building with accommodation over four floors. The shop has traded as The Private Shop for many years, however will be sold with vacant possession on completion. The upper floors are not currently used and offer redevelopment potential subject to the necessary consents. The property lies within the Norwich City Centre conservation area, however is not listed. The property is located opposite Sussex Street and is less than a mile north of the city centre. An ideal project for a builder or developer.

Tenure

Freehold

Accommodation

Lower Ground floor: cellar

Ground floor: shop, office, wc, rear room

First floor: landing, two rooms, wc, bathroom

Second floor: landing, three rooms

Outside: side alley and rear yard in need of attention

According to the Valuation Office website, the ground floor shop has an area of 37.9 sq/m square metres and a rateable value of £2,225 with effect from the 1st April 2017.

Viewings

Open viewings are arranged and the next are on Thursday 9 June. To book an appointment please call the Norwich office.

Energy Efficiency Rating (EPC)

Current Rating 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

Taylor Rose, Ref: Derek Englander, Tel: 020 7407 4892

Additional Fees

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

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