ONLINE AUCTION ON Wed 15/04/2020 AT 11.00 am
Mixed use investment High yielding let shop and maisonette producing £11,380 pa
This three storey mid terrace property is located around a mile north of the town centre. It incorporates a ground floor shop with a self contained two / three bedroom maisonette arranged over three floors.
The tanning shop extends to around 756 sq/ft and is a well established business that has been running for over 30 years. It is let at £115 per week (£5,980 pa).
The maisonette extends to around 623 sq/ft and to is let to a separate established tenant on an assured shorthold tenancy at £450 pcm (£5,400 pa). The maisonette has gas central heating and is double glazed..
According to the valuation office website the shop has a ratable value of £2,600. No rates are payable.
Shop (no 81)
Ground floor: shop, three rooms, wc
Outside: rear yard
Maisonette (no 81a)
Ground floor: entrance hall
First floor: landing, bathroom, kitchen, dining room / bedroom, sitting room
Second floor: landing, two bedrooms
Energy Efficiency Rating (EPC)
Current Rating maisonette: D shop: B
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Great Yarmouth Borough Council
Norton Peskett, 141 King Street, Great Yarmouth, NR30 2PQ, Ref: Paul Gregory, Tel: 01493 849200
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £954 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.
Please call Auction House East Anglia on 01603 505 100 to arrange a viewing