COVID-19 – Important Auction Information
For Sale By Auction | 11:00, 15 June 2022 | Lot 48

12 High Street, Watton, Thetford, Norfolk IP25 6AE

Sold £75,000

  • Shop
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 15/06/2022

Auction Time

11:00

Auction Venue

Livestream Auction

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

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.