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An End of Terrace Building Arranged to Provide a Restaurant Let at £21,000 Per Annum
The property comprises an end of terrace building arranged over basement, ground and first floors.
Tenure
Freehold
By Order of the LPA Receivers
Location
The property is situated in Norwich Town Centre. Nearby multiples include M&S, Premier Inn & John Lewis. The open spaces of Mousehold Heath are within easy reach. Transport links are provided by Norwich rail station.
Accommodation
Basement Storage Area Ground Floor Restaurant Area First Floor Restaurant Area Total GIA Approximately 243 sqm / 2,615 sq ft
Tenancy
The property is subject to a 20 year lease from 17th October 2011 at a rent of £21,000 per annum. Rent reviews every 4 years. The receivers are not collecting any rent. Please refer to the legal pack for further information.
The property has not been inspected by Auction House London. All information has been supplied by the vendor.
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 £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.