*Guide | £50,000 - £60,000 (plus fees)
- Shop
- Tenure: Freehold
Call the team on 01603 505 100 for more information
Commercial investment comprising a let shop producing £5,000 pa
This end terrace single storey shop with flat roof extends to around 32 sq/m. It is currently let on a seven year lease dated 6th March 2025 at £5,000 plus VAT per annum. The rent is paid on the first day of each month and the unit trades as Boundary Corner Shop. The property is located in a busy parade of shops around two miles north of the city centre. According to the valuation office website the shop has a rateable value of £5,400 with effect from 1st April 2026. An ideal purchase for an investor looking for a high yielding commercial investment.
Tenure
Freehold
Description
Ground floor: shop, staff room, internal storage, staff toilets
VAT
Please note that VAT is applicable to this lot.
Viewing
Tenanted shop - any time during opening hours.
Note
Please could all interested parties register their interest with the Auctioneer in order that they may be kept up to date with any developments.
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
Norwich City Council
Solicitors
Spire Solicitors LLP (Norwich), Ref: Tracy Guest, Tel: 01603 886221
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.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
