Withdrawn After
- Commercial Property
- Tenure: Freehold
Call the team on 01733 889833 for more information
Commercial investment: 3 shops
This lot comprises of three shops of a parade of four. Two are let and one is vacant. The current rent is £10,000pa, however when fully let could provide an income of in the region of £15,000pa. The owner is retaining the Chip Shop at the end and the car park, however the shops will have shared use of the parking area via a maintenance charge agreement. According to the Valuation Office website the three shops have a combined area of 222.4 sq/mtrs and a rateable value of £9,300 with effect from April 2010. Snettisham is a popular destination on the North Norfolk coast. The shops are situated close to the beach around 12 miles north of King's Lynn close to Sandringham and Hunstanton.
Tenure
Freehold
Shop 1
This trades as an arcade and is let at £5,000pa payable monthly on an initial one year tenancy which is now rolling over. The tenant has been in occupation since 2007. The shop measures around 43ft x 40ft.
Unit A
This middle shop is currently vacant and has an open market rental value of around £4,500pa. The shop measures around 40ft x 11ft.
Unit B
This trades as a Camping & Caravan Spares Shop and it let at £5,000pa payable monthly on an initial one year tenancy which is now rolling over. The tenant has been in occupation since 2007 and the shop measures around 33ft x 15ft.
Viewing
Please call the Auctioneers -01553 77 77 73
Energy Efficiency Rating (EPC)
Current Rating D
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
King's Lynn and West Norfolk Borough Council. Tel: 01553 616200
Solicitors
SJP Solicitors, Waverley House, 37 Greevegate, Hunstanton PE36 6AB, Ref: Mr K Johnson, Tel: (01485) 532662
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
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ 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.
Floor Plans
Click the image to view the full-sized floorplan.
