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Prominent Grade II listed city centre commercial building with potential
This is a prominent end terrace Grade II listed building located within the city centre conservation area next to St Giles on the Hill Church. Formerly let at £700 pcm (£8,400 pa) to an art shop it is now to be sold with vacant possession. With accommodation over four floors extending to around 88 sq/m there is the potential for residential on the upper two floors, subject to the necessary consents. According to the Valuation Office website, the basement and ground floor shop has an area of 43 sq/m and a rateable value of £7,000. The first and second floor offices have an area of 45 sq/m and a rateable value of £4,700, both with effect from the 1st April 2023. On instruction of charitable trustees
Tenure
Freehold
Lower ground floor
Office, store room
Ground floor
Room, side hallway, wc
First floor
Room
Second floor
Room
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
Leathes Prior (The Close), Ref: Stephen Wilson, Tel: 01603 281012
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 - £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.