Prominent freehold Grade II listed four storey town centre mixed use property
This property comprises a vacant shop on the ground floor previously used as an estate agency, with two flats above sold off on a long lease providing a ground rent income of £100 pa (£50 pa per flat). There is also a large self-contained basement accessed via Kings Arms Loke to the rear. The shop has excellent window frontage and occupies a prime retailing position next to Lloyds bank. According to the valuation office website the property has an area of 41.4 sq/m and a rateable value of £8,900 with effect from 1st April 2023.
Tenure
Freehold
Lower ground floor
Two rooms, kitchen, wc
Ground floor
Office, room, wc, kitchen area
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
North Norfolk District Council
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 - £900 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.