For Sale By Auction | 11:00, 05 December 2018 | Lot 9

19 Princes Street, Norwich, Norfolk, NR3 1AF

Sold £150,000

  • Restaurant
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 05/12/2018

Auction Time

11:00

Auction Venue

The Sunningdale Suite, Dunston Hall Hotel, Ipswich Road, Norwich, NR14 8PQ

Viewing Times:

Wed 28 Nov

15:00-15:30

Grade II listed city centre commercial investment producing £9,000pa

A three storey Grade II listed building situated in an historic area of the city, close to the Cathedral and within a short walk of the city centre. The building forms part of the Shiki Japanese restaurant and is let to “Skiki Japanese Foods Ltd” on a fifty year lease dated 24th November 2009 with a current passing rent of £9,000 pa. The property is in good decorative order and benefits from gas central heating. The property is located opposite the parish church of Saint George Tombland. According to the valuation office website, the property has an area of 92.7 sq/m and a rateable value of £10,500 with effect from 1st April 2017.

Tenure

Freehold

Lower ground floor: basement Ground floor: two rooms, wc First floor: two rooms Second floor: three rooms A floor plan and copy of the lease is available to view on our website.

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

Solicitors

nplaw, Norfolk County Council, County Hall, Martineau Lane, Norwich, NR1 2DH, Ref: Joy Savill, Tel: 01603 222919

Additional Fees

Buyer's Premium - £540 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £840 inc VAT, payable on exchange of contracts.

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