For Sale By Auction | 11:00, 17 July 2019

28 High Street, Watton, Thetford, Norfolk, IP25 6AE

*Guide | £140,000 - £160,000 (plus fees)

  • Shop
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 17/07/2019

Auction Time

11:00

Auction Venue

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

Viewing Times:

Fri 28 Jun

12:00-12:30

Fri 5 Jul

12:00-12:30

Fri 12 Jul

12:00-12:30

Prime vacant high street retail unit with upper parts offering potential

This large corner property is in an excellent trading location with good passing footfall and double aspect window frontage. There is a strong mix of both independent and national occupiers in the vicinity including Boots, Barclays, Betfred, Coral and Factory Shop. The premises consists of a two storey shop unit with off road parking to the rear. It was previously let to a second hand shop operator, most recently at £17,000 pa, and is now to be sold with vacant possession. It has been in the same family ownership since it was built in the 1970s. It now requires a program of modernisation and improvement to realise its full potential. According to the valuation office website the property has an area of 306.9 sqm and a rateable value of £19,500 with effect from 1st April 2017.

Tenure

Freehold

Ground Floor

Large open plan retail area

First Floor

Large open plan area, kitchen, male and female toilets

Outside

Rear loading area from a secure gated yard offering off road parking accessed from Harvey Street to the rear, garage and lean to with electric

Energy Efficiency Rating (EPC)

Current Rating C

Services

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

Local Authority

Breckland Council

Solicitors

Mr C Green, Ward Gethin Archer, 3 Regis Place, North Lynn Industrial Estate, Kings Lynn, PE30 2JN, Ref: Cameron Green, Tel: 01553 660033

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £900 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.