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Guide price
£130,000

Mixed use for sale

Norwich NR3
Auction
Mixed use
Added < 14 days

Features and description

  • Tenure: Freehold
  • Vacant mixed use end terrace property
  • Comprising shop with potential and one bedroom flat above
  • Guide price: £130,000 to £150,000
  • For sale by livestream auction
  • Unless previously sold or withdrawn prior
  • 11:00am, Wednesday 12th February 2025

FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 12th FEBRUARY 2025 AT 11:00AM
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE

Vacant mixed use end terrace property comprising shop with potential and flat above

This property comprises a ground floor shop and self contained one bedroom flat above. The shop unit is double glazed, has electric heating and requires improvement. The flat was previously let and is also to be sold with vacant possession. The flat has new double glazing and gas central heating with a new boiler installed in spring 2024.

We are informed the ground floor shop has lapsed planning permission to convert into a flat
giving redevelopment potential to have as two flats or a single two storey dwelling.

It is located near Anglia Square which Norwich city council have recently purchased to redevelop which will further improve the area.

Ideal purchase for a builder / investor.

Ground Floor (46 sq/m) Shop, three rooms, w.c.
First Floor (46 sq/m) Landing, lounge, kitchen, bedroom bathroom.
Outside Rear enclosed yard, off road parking space at front of shop
Ratable Value According to the Valuation Office website, the shop has a rateable value of £1,300 with effect from the 1st April 2023.
Council Tax Band A
Viewing Viewings are being held by appointment only.

The first opportunity to view is Tuesday 14 January and Friday 17 January

Please contact the Norwich Office to book your appointment.

Tenure: Freehold

EPC Rating: Shop: F Flat: E

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: £600 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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