Sold Prior | Lot 120

28 Cattle Market Street, Norwich, Norfolk NR1 3DY

Sold Prior

  • Takeaway
  • Tenure: Leasehold.

Call the team on 01603 505 100 for more information

Auction Date

Wed 01/11/2023

Auction Time

11:00

Auction Venue

Livestream Auction

This ground floor commercial unit trading as a take away shop

Situated with views of Norwich Castle and Castle Mall gardens, this valuable investment of a takeaway food outlet. A new 10 year lease commenced on 1st July 2023 for £9000 pa with a 5 year break clause.. The vendor has confirmed all rents are up to date and there are no arrears.

Tenure

Leasehold.

Accommodation

Shop area with servery, kitchen, cloakroom.

Lease

Term: 125 years from 1 January 2003 (105 years remaining) Annual Ground Rent Amount: £1,056 pa (for 26, 27, 28 & 29) Ground Rent Review Period: 1 January 2024 Annual Service Charge Amount:£725.74 Service Charge Review Period: 1 January 2024

Viewing

Open Viewings are being organised for Monday 9th October and Monday 16th October, APPOINTMENT ESSENTIAL. Please call our Norwich office to book an appointment.

Energy Efficiency Rating (EPC)

Current Rating B

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

Hayward Moon (Ipswich), Ref: Mark Hayward, Tel: 01473 234734

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 - £600 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.