Call the team on 01603 505 100 for more information
Commercial investment producing £3,600pa
This is a flint and brick built single storey retail unit located in a prominent position on the coast road. The property is let to a candlemaker, which trades as 'Bags of Thought'. The property is let on a six year lease dated 12th April 2017 and the tenant pays £300pcm (£3,600pa). East Runton is a small north Norfolk coastal village, just over a mile west of Cromer and three miles east of Sheringham. Formerly a traditional fishing village, it is now a popular holiday destination for camping and caravan holidays. According to the valuation office website, the property has an area of 18.8sq/m and has a rateable value of £1,950 with effect from 1st April 2017. No rates are payable.
Tenure
Freehold
Description
Accommodation
Main shop area, w.c.
Viewing
Please call the Auctioneers - 01603 505100
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
North Norfolk District Council. Tel: 01263 513811
Solicitors
Sprake & Kingsley, 16 Broad Street, Bungay, Suffolk NR35 1EN, Ref: Mr N Kingsley, Tel: (01986) 892721
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.