For Sale By Auction | 08:45, 13 September 2023 | Lot 47A

24-26 High Street, Stalham, Norwich, Norfolk, NR12 9AN

Sold £135,000

  • Retail Property (high street)
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Wed 13/09/2023

Auction Time

08:45

Auction Venue

Live Stream

An End of Terrace Building Internally Arranged to Provide a Ground Floor Shop and Two Self-Contained One Bedroom Flats Above (Both Sold Off). Fully Let Producing £15,000 Per Annum. Potential for Development of the Rear Building and the Second Floor (Subject to Obtaining all Relevant Consents)

The property comprises an end of terrace building arranged to provide a ground floor shop and two self contained one bedroom flats above (both sold off)

Tenure

Freehold

Location

The property is situated on a mixed use road close to local shops and amenities. There are numerous green open spaces that are within easy reach. Transport links are provided by the A47 to the south.

Accommodation

Ground Floor Shop Floor Prep Room Store First Floor Store Room 2 x One Bedroom Flats (both sold off) Second Floor Attic

Tenancy

The shop is subject to a commercial lease for a term of 10 years commencing 18th August 2023 at a rent of £1,250 per calendar month (no break clause) to a Pet Shop (Trading for over 20 years).

Current Rent Reserved

Current Rent Reserved £15,000 per annum

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.

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.

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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.