For Sale By Auction | 11:00, 04 May 2023 | Lot 22

17 Market Place, North Walsham, Norfolk NR28 9BP

Sold £82,500

  • Shop
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Thu 04/05/2023

Auction Time

11:00

Auction Venue

Livestream Auction

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.