Two ground floor commercial units - a clinic and a vacant unit with the potential to convert into a small apartment (stpp).

Situated with views of Norwich Castle and Castle Mall gardens, these valuable investment properties include a clinic let for £10,000 until August 2025, The vendor has confirmed all rents are up-to-date and there are no arrears. No. 27 is currently vacant and is available to re-let or for owner occupation. Consent has been applied for a change of use from Clinic (Class E) to a residential dwelling (C3). Once let this parade of long leasehold properties will produce an excellent rental return.

Tenure

Leasehold. 125 years from 2004

Accommodation

26 Cattle Market Street: Reception (shop), cloakroom, store room. (Let £10,000 pa) 27 Cattle Market Street: Currently three rooms, rear hall, cloakroom. (Vacant)

Lease details

Term: 125 years from 1 January 2003 (105 years remaining) Annual Ground Rent Amount: Please refer to Legal Pack Ground Rent Review Period: 1 January 2024 Annual Service Charge Amount: £693.77 - 26/£719.53 - 27 Service Charge Review Period: 1 January 2024

Energy Efficiency Rating (EPC)

Current Rating B, 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

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.