Freehold investment opportunity in town centre location - three maisonettes and three shops producing (all let) £ 32,760 pa

This Three storey terrace of shops and maisonettes is located at the heart of the busy market town and offers excellent investment opportunity. All maisonette are let on assured shorthold basis jointly producing nearly £18,960 pa. All three shops are let providing a further income of £13,800 pa The building is situated a few steps from the market place in a prominent position. Dereham is a busy market town with a wealth of high street shops, recreational and community facilities, ample parking is available nearby.

Tenure

Freehold

Accommodation

Ground floor: Three lock up shops Upper floors: Two of the flats (3C and 3D) are approached via an external staircase with the remaining flat (1A) having an access to the side of 1 Wellington Road, Each flat comprises: Lounge, kitchen, bathroom and double bedroom.

Tenancy Details

For full details please refer to the legal pack

Business Rates

1 - current rateable value is £6,400 pa 3a - current rateable value is £6,000 pa 3b - current rateable value is £3,750 pa

Council Tax Band

1A = A, 3C = A, 3D = A

Energy Efficiency Rating (EPC)

Current Rating 1a - F, 3c - F, 3d - E

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Breckland Council

Solicitors

Rogers and Norton (Norwich), Ref: Bruce Faulkner, Tel: 01603 675608

Additional Fees

Buyer's Premium - £960 inc VAT payable on exchange of contracts.

Administration Charge - £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.