Call the team on 01603 505 100 for more information
High yielding commercial investment comprising a let shop producing £6,960 pa
This is a self contained ground floor shop at the front of a Grade II Listed building. It is let on a three year lease with effect from 1st April 2024 to a carpet business at £580 pcm (£6,960 pa). It is in a prominent position located in the village centre opposite the Co-Op.
Tenure
Leasehold. new 999 year lease
Ground floor
Front shop / office, store / staff room, wc
Business Rates
According to the Valuation Office website, the property has an area of 45 square metres and a rateable value of £4,750 with effect from the 1st April 2023.
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
South Norfolk Council
Solicitors
Juliet Bellis & Co, Ref: Juliet Bellis, Tel: 01957 733226
Offered in association with
Martin Smith Partnership
Additional Fees
Buyer's Premium - £900 inc VAT payable on exchange of contracts.
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 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.