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Total views:  500+
Guide price
£50,000

Shop for sale

Watton, Thetford IP25
Auction
Shop
Added > 14 days

Features and description

  • Tenure: Leasehold (161 years remaining)
  • Prominent double bay fronted vacant high street shop
  • In good decorative order
  • Guide Price £50,000 - £70,000
  • For sale by livestream auction
  • Unless previously sold or withdrawn prior
  • 11am Wednesday 12 February 2025

FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 12 FEBRUARY 2025 AT 11AM
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS, PLEASE VISIT OUR WEBSITE

Prominent double bay fronted vacant high street shop in good decorative order

This long leasehold ground floor shop was built in 1871. It lies within a conservation area, however is not listed. It has good window frontage to the front and is in good decorative order. It was previously an antiques shop let at £500 pcm (£6,000 pa), however is now to be sold with vacant possession.

It has a range of potential uses subject to the necessary consents being obtained.

According to the valuation office website the ground floor shop and premises has an area of 54.15 sq/m and a rateable value of £5,900 with effect from 1st April 2023.

Ground floor shop Two shop rooms, kitchen, wc, front and rear access.

Tenure: Leasehold

Lease Details: 199 years from 1st October 1987

EPC Rating: C

Administration Fee: 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Buyer's Premium Fee: £900 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.

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About this agent

Auction House - East Anglia
Auction House - East Anglia
The Barn, Newmarket Road Cringleford Norwich, Norfolk NR4 6UE
01603 398879
Full profileProperty listings
The Auction House team have been holding auctions in East Anglia for over fifteen years. We originally operated under the Tops name, then as Tops Auction House. We have been the Eastern Region’s leading Land and Property auctioneers since 2002 and are highly respected in the area. Sale numbers have grown over the period to over 400 properties per year with success rates averaging out at well over 80% since 2004. Auction House East Anglia draws entries for its auction room in Norwich from a wide geographical area and is supported by a number of market and coastal town Introducer Agents who provide entries and assist with viewings. Auction House East Anglia operates from offices in Norwich (servicing Norfolk), King's Lynn (servicing NW Norfolk and parts of Cambridgeshire), Peterborough (servicing Cambridgeshire) and Ipswich (servicing Suffolk and North Essex) and sells a wide variety of property types covering the residential, land, commercial, investment and agricultural sectors. Many are vacant for improvement, others tenanted or for development. We are expert advisers and guide vendors as to the most appropriate method of sale which could be by Formal or Informal Tender, Invited Offer, Private Treaty or Auction. Auction House East Anglia was the model Licensee and provided the template for others to follow. It continues to be one of the most successful operators in the UK and is the ‘first choice’ regional auctioneer across the counties of Norfolk, Suffolk, Cambridgeshire and North Essex.
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