For Sale By Auction | 11:00, 01 May 2024 | Lot 8

3 Burgh Road, Aylsham, Norwich, Norfolk NR11 6AH

*Guide | £160,000 - £180,000 (plus fees)

  • Office
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 01/05/2024

Auction Time

11:00

Auction Venue

Livestream Auction

A valuable freehold investment property close to the heart of the town centre currently let to Spire solicitors for £14,500 per annum

This impressive grade ll listed office building is located in a prominent position just a few steps from the market place, town shops and public car parks. The three storey building is currently occupied by Spire solicitors on a three year lease which commenced January 2024, the rent being £14,500 pa. The building has been a solicitors office for over 50 years but in future may well have potential to revert to residential accommodation (STPP) in which case the property could provide 5 bedrooms and spacious reception areas. The building comes with 2 parking spaces and small courtyard gardens.

Tenure

Freehold

Ground Floor

Entrance lobby, reception area, private meeting room, kitchen, cloakroom, rear hall with staircase to first floor

First Floor

Landing, three offices, store rooms

Second Floor

Landing, two further offices, store room

Outside

The property owns the driveway to the right of 5 Burgh Road, this leads to two parking spaces and a small courtyard area

Business rates

From 4 January 2023 to present: £12,500

Energy Efficiency Rating (EPC)

Current Rating E

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

Solicitors

Rogers and Norton (Norwich), Ref: Paul Oldershaw, Tel: 01603 666001

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 - £720 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.