Retail premises for sale in 14 Great Melton Road, Hethersett, Norwich, Norfolk NR9

For sale by auction on Wednesday, 11 Sep 2024 at 11:00

Venue: Livestream Auction

Great investment opportunity to acquire one of three commercial units available in a busy location in the desirable village of Hethersett.

Situated in the heart of the village on the outskirts of Norwich City the building is one of 3 commercial buildings surrounding the bustling Oak Square.

The building operates as a busy takeaway "Tasty Bites" on the ground floor with flat above and has been leased by the same tenant since 2009 producing £2,310 pcm (£27,720 pa) with potential to increase this yield further once lease expires.

Exterior
Tarmac marked parking bays are provided outside the building at the front, and a courtyard with gated access at the rear.

Note
This is one of 3 commercial buildings on Oak Square, Hethersett being offered for sale and the entire site can be purchased as whole if parties are interested. Please discuss this with us prior to auction.

Council Tax Band

A

Viewings
Viewings are being held by arrangement and the next opportunities to view will be on:

Thursday 5th September

Monday 9th September

Please contact the Norwich Office to book your appointment time.

EPC Rating: C

Additional Fees
Buyers Premium: £960 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.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.