Call the team on 01603 505 100 for more information
City centre commercial investment producing £5,000pa
This single storey retail unit is located close to the city centre on St Andrews Street, opposite St Andrews Street public car park. The property is let to a hairdresser, which trades as "Pinki and Perki" and the tenant has been in occupation for over twenty years. The current six year lease at £3,750pa, payable quarterly, expires in 2020 and the tenant will sign a new fifteen year lease at £5,000pa prior to the auction. This would be an ideal purchase for an investor.
Tenure
Freehold
Description
Waiting room, main shop area, utility area and 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
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.