Call the team on 01603 505 100 for more information
City centre mixed use investment - shop and maisonette
This locally listed end terrace property comprises a ground floor shop with three bedroom residential accommodation to the rear and above over two floors. The whole building has been let to the same tenant for many years. The initial 21-year lease from 1994 has expired and the tenant is now holding over. The current passing rent is £8,000pa, payable quarterly in advance. The residential accommodation is accessed via a side door on Quay Side and is in need of improvement. This prominent property is located close to Tombland and the residential element overlooks the River Wensum. It is located within the City Centre Conservation Area.
Tenure
Freehold
Description
Ground Floor
Two shop rooms and store.
First Floor
Landing, kitchen, shower and w.c., sitting room, dining room, bedroom.
Second Floor
Two further bedrooms.
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
Norwich City Council. Tel: 0344 980 3333
Solicitors
nplaw, Norfolk County Council, County Hall, Martineau Lane, Norwich NR1 2DH, Ref: Ms J Savill, Tel: 01603 222919
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 - £540 (£450 + VAT) payable on exchange of contracts.
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.