Sold Prior | Lot 37

3 Middleton Street, Wymondham, Norfolk, NR18 0AB

Sold Prior

  • Commercial Property
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Thu 07/06/2018

Auction Time

11:00 am

Auction Venue

Unknown

Freehold high street commercial investment currently let producing £11,180pa. Shop could be available with vacant possession.

This Grade II listed property currently comprises of a ground floor lock-up shop trading as an independent pet shop whilst on the upper floors is a two bedroom apartment paying a ground rent of £50pa. The current tenant of the pet shop, which has a rent of £927.50pcm (£11,130pa), have confirmed they would relinquish the remainder of the tenancy if vacant possession is required. The building, which is in good order, is located in a prominent position a short walk from Wymondham town centre and adjacent to Jarrold Home Furnishing store. According to the Valuation Office website the shop has an area of 190sq/m and a rateable value of £11,500 with effect from 1st April 2017.

Tenure

Freehold

Description

Ground Floor

Retail area, office, staff room, w.c.

Upper Floors

Separate access to: Lounge, kitchen, two bedrooms, bathroom.

Lease

Paws to Tails of Wymondham currently rent the shop for £11,130pa on a five year lease which expires in April 2020. The flat has a 125 year lease from 2005. Annual Ground Rent £50pa

Viewing

Please call the Auctioneers - 01603 505100

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

South Norfolk Council. Tel: 01508 533633

Solicitors

Cohen Filippini, 10 Greenwood Street, Altrincham, Cheshire WA14 1RZ, Ref: Emma Filippini, Tel: 0161 929 9993

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 - £720.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.