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Oak Street, Fakenham

PROPERTY TYPE

Maisonette

BEDROOMS

1

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Investment Opportunity
  • Mixed Residential & Commercial
  • Café & Maisonette
  • Covered Terrace
  • Grade II Listed
  • Town Centre Location

Description

SUMMARY:
A mixed residential and commercial investment property in the heart of the town. The Grade II Listed building comprising Taylor's Café at ground, lower ground & first floor levels, with a covered terrace at the rear, and a maisonette to the upper floors. The premises are let separately to tenants providing total income of £18,440 per annum. 

ACCOMMODATION:  

TAYLOR'S:  

GROUND FLOOR:
Stepped access from the pavement to; 

MAIN SEATING AREA/SERVERY: 22' 9" x 21' 6" (6.93m x 6.55m) maximums
Stairs to first & lower ground floors and door to; 

KITCHEN: 12' 7" x 11' 2" (3.84m x 3.4m)  

LOWER GROUND FLOOR:  

"LOUNGE": 14' 10" x 13' 4" (4.52m x 4.06m)  

"SNUG": 7' 9" x 7' (2.36m x 2.13m)  

CORNER AREA: 6' 9" x 6' (2.06m x 1.83m)  

2 PUBLIC W.C.'S:  

Steps up to; 

REAR LOBBY:
Door to covered terrace. 

REAR SEATING AREA: 14' 3" x 8' 9" (4.34m x 2.67m) maximums  

FIRST FLOOR LANDING:
Landing with door to flat (locked). 

SEATING AREA: 13' x 12' (3.96m x 3.66m)  

THE MAISONETTE:  

External rear staircase to; 

FIRST FLOOR:  

ENTRANCE HALL:
Door to Taylor's landing (locked) and staircase to second floor or maisonette. 

KITCHEN/BREAKFAST ROOM: 13' 1" x 11' 3" (3.99m x 3.43m)  

BATHROOM: 9' 6" x 5' 6" (2.9m x 1.68m)  

SITTING ROOM: 13' 1" x 10' 3" (3.99m x 3.12m)  

SECOND FLOOR:  

BEDROOM (IN 2 PARTS):
13'6" x 9'4" (4.11m x 2.84m) max & 13'7" x 11' (4.14m x 3.35m) 

OUTSIDE:
Pedestrian access from Oak Street, at the side of No.7 serves the covered terrace for Taylor's and staircase access to the maisonette. 

SERVICES:
The is one supply of all mains services to the building, each sub-metered to the maisonette. 

DISTRICT COUNCIL: North Norfolk. Taylor's has a current Rateable Value of £8,400.
The Maisonette is assessed for council tax in band A. 

TENURE:
The property is held freehold, subject to the existing lettings:

Taylor's - A lease for a term of 6 years with effect from 19/07/2019 at a rent of £12,500 p.a., the rent review (linked to RPI) at 19/07/2022 not having been implemented. The lease is drawn on effectively fully repairing and insuring terms, subject to the service charge being capped at 10% of the passing rent in any year.

The Maisonette - An Assured Shorthold Tenancy for 1 year, commencing 28/05/2019 at a rent of £495 p.c.m., without subsequent review. 

VIEWING:
By appointment through the Sole Agents,
Spalding & Co.,
Office Opening Hours:
Monday - Friday: 9:00 a.m. - 5:00 p.m.
Saturday: 9:30 a.m. - 12:30 p.m.  
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Oak Street, Fakenham

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Sheringham Station17.0 miles
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About the agent

Spalding & Co, Fakenham

2 Vine House, 3 Oak Street, Fakenham, NR21 9DX

Spalding & Co, Fakenham

We are a family run company and the longest established firm of Chartered Surveyors, Registered Valuers and Estate Agents, with offices in Fakenham and Wells-next-the-Sea, uniquely equipped to market and advise on the sale, letting and management of residential and commercial property.

We have over 125 years of combined experience and offer an unequalled service, working together to provide the best customer experience. Our staff are qualified under the Royal Institution of Chartered Su

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Industry affiliations

Property Redress SchemeNational Association of Estate AgentsRoyal Institute of Chartered SurveyorsAssociation of Residential Letting Agents

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Disclaimer - Property reference 101285002453. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Spalding & Co, Fakenham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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