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Commercial Property for sale

Market Cross Mews, North Walsham


Property Description

Full description

The property is situated in a very prominent central position in the busy north norfolk town of North Walsham. With a local population of around 12,500, North Walsham is well connected via road and rail to Norwich, situated about 10 miles to the south.

The property forms a part of a small modern development, situated in the town centre. The premises enjoy dual frontage window displays, with a light and spacious open plan retail / office area. A Kitchen and WC are situated at the rear of the building.

Gross Frontage: 8.82 metres

Net Lettable Area: Retail / Office 36.96 m.Sq ( 397 Sq.Ft )
Kitchen 3.12 m.Sq ( 34 Sq.Ft )

Mains electric, drains and water are connected to the premises

The property is available Freehold, either as an investment or Vacant Possession can be offered.

Rateable Value £2,750

Each party are to be responsible for their own costs in this matter.

The current planning use is A2.

The property is let to Castle Personnel ( Norfolk ) Ltd T/A HR GO Recruitment on a 12 year Full Repairing & Insuring lease from 24th June 2005. The rent passing is £7,500 per annum exclusive. The asking price reflects an initial yield of 9.5% assuming 5% costs.

By appointment through the agent WATSONS

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