For Sale By Auction | 11:00, 26 October 2022 | Lot 1

20 and 20A St. Benedicts Street, Norwich, Norfolk NR2 4AQ

Sold £194,000

  • Mixed Use
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 26/10/2022

Auction Time

11:00

Auction Venue

Livestream Auction

A Grade II listed city centre freehold building comprising of let shop and vacant un-modernised duplex apartment

A Grade ll Listed three bedroom building currently let to a hairdressers on the ground floor paying a rent of £729.17 pcm (£8,750 pa). The upper floors are approached from a rear courtyard and could be converted into a two bedroom duplex apartment. Consent was previously granted but has now lapsed however various improvements have been carried out to the external fabric of the building. Full modernisation is required internally so this would be an ideal project for builder/investor.

Tenure

Freehold

Ground Floor

Lock up shop with office and w.c. Rear courtyard with access to reception room

First and Second Floors

Two upper floors which could potentially provide lounge, kitchen, bathroom, and two bedrooms, subject to renewed planning approval.

Outside

Enclosed courtyard garden to rear.

Tenancy details

The ground floor is currently a barbers shop, the lease has expired and the tenant is holding over under the Landlord and Tenant act 1954 with a passing rental of £729.17 per calendar month (£8,750 per annum).

Viewings

Open viewings are arranged and the next are on Monday, 24 October. Please call the Norwich office to book an appointment.

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

Cozens-Hardy LLP, Ref: Dan Evans, Tel: 01603 724676

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

Buyer's Premium - £750 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.