*Guide | £1,750,000+ (plus fees)
- Block of Apartments
- 22 Bedrooms
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Substantial Mixed Use Building Arranged to Provide Two Ground Floor Split Level Retail Units (Both Sold Off) and Twenty Two Flats (One Sold Off) Fully Let Producing a Combined Income of £198,250 Per Annum
The property comprises a substantial mixed use building arranged to provide two ground floor split level retail units and twenty two flats (9 x studio & 13 x one bedroom) arranged over first, second and third floors.
Tenure
Freehold
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Lion Wood are within easy reach. Transport links are provided by Norwich rail station.
Accommodation
Lower Ground and Ground Floors 1 x Retail Unit (Sold Off) Lower Ground, Ground and First Floors 1 x Retail Unit (Sold Off) First Floor 3 x Studio Flats 3 x One Bedroom Flats Second Floor 3 x Studio Flats 5 x One Bedroom Flats Third Floor 3 x Studio Flats 5 x One Bedroom Flats
Tenancy
21 out of 22 flats are subject to individual tenancies at a combined rent of £198,000pa. Flat 10 is sold off on a lease expiring 13/10/2141 with a ground rent of £250pa.. Please refer to the legal pack for the full tenancy schedule.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
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 - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
