Parade of four lock-up shops with parking - current income £27,000pa (from three units)
This parade of four lock-up shops is situated in a highly prominent position to the north of Norwich on a main arterial road heading out of the city. The property comprises of three shops let and producing an income of £27,000pa. The fourth shop is the Norwich and Peterborough Building Society which is soon to be vacated and available for re-letting from January 2018. This valuable freehold investment offers an opportunity to acquire a strong investment income and a site with further potential, subject to planning. The current occupiers include a convenience store, a pawnbrokers and fast food restaurant.
Tenure
Freehold
Description
Please refer to schedule
VAT
VAT is not applicable to this lot.
Viewing
Open days - dates and times to be confirmed
Energy Efficiency Rating (EPC)
Current Rating C and 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. Tel: 0344 980 3333
Solicitors
Howard Kennedy, No 1, London Bridge Road, London SE1 9BG, Ref: Amy O'Gorman, Tel: 0203 7555637
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% including VAT subject to a minimum of £840.00 including VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.