Commercial investment producing £6,750 pa with off road parking space
The property comprises a charity shop on the ground floor let to Sue Ryder with the flat above sold off on a long lease. This shop is let at £562.50 pcm on a ten year lease from 2014. There is an allocated off road parking space to the left hand side of the property down the alleyway. According to the valuation office website the property has an area of 58.7 sq/m and a ratable value of £5,600 with effect from 1st April 2017. This will appeal to investors looking for a high yield.
Tenure
Freehold
Shop
Main shop area, store room, w.c, front and side access
Viewing
During normal business hours as trading charity shop
Energy Efficiency Rating (EPC)
Current Rating E
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Breckland Council
Solicitors
Fraser Dawbarns, Ref: Lydia Larkman, Tel: 01366 381823
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
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.