Valuable freehold town centre office investment currently let to an established Dental Practice. Income £18,000pa

This Grade II listed building is currently let to an established dental practice tenant paying a rental income of £18,000pa . The building extends to approximately 110 sq/m has accommodation over two main floors and there is potential for off road parking although this is not utilised at present. There is a 15 year lease in favour of Simply Smile Manor House Ltd which commenced on 1 October 2021, annual rent £18k payable quarterly, rent review every 5 years. Internally there have been recent improvements to decorations and flooring. The building is located in a prominent main road position opposite The Co-op Store and other local shops and services.

Tenure

Freehold

Ground Floor

Reception areas, surgeries, store rooms, office, toilets

First Floor

Landing, waiting area, surgery, store room, toilets

Outside

Side and rear gardens, potential off road parking space.

Business Rates

Rateable Value £8,000

VAT

This property is not subject to VAT

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

South Norfolk Council

Solicitors

Richard Wilson Long, Ref: Richard Long, Tel: 01892 526449

Additional Fees

Buyer's Premium - £600 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.