Vacant Shop with development potential

A prominent corner shop extending to approximately 665 sq ft with ancillary space to the rear on the ground floor. Potential may exist to convert this to residential accommodation, subject to neceesary planning consent being obtained. The sale includes the freehold of the whole building, however the first floor flat has been sold off on a 125 year lease with a ground rent of £1 per annum. The property is situated in a prominent but mainly residential area within a short walk of the town centre and railway station. Other shops and amenities are available nearby.

Tenure

Freehold

Accommodation

Ground Floor

Shop, kitchen/storage area with walk-in coldstore, separate storage room, w.c.

First Floor

According to the Valuation Office website the shop has a rateable value of £2,000 with effect from 1st April 2017.

Viewing

Open days - dates and times to be confirmed

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

Waveney District Council. Tel: 01502 562111

Solicitors

Osman Ward and Sons, 37 Church Road, Hove, Sussex BN3 2BW, Ref: John Osman Ward, Tel: 01273 778787

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.