
40 Market Row, Great Yarmouth, Norfolk NR30 1PB
- PROPERTY TYPE
Hairdresser / Barber Shop
- SIZE
Ask agent
Key features
- Town centre two storey freehold retail unit
- Extending to around 85 sq/m
- Redevelopment potential stpp
- Guide price: £35,000 - £45,000
- For sale by livestream auction
- Unless previously sold or withdrawn prior
- 11:00am, Wednesday 23 October 2024
Description
SOLD AT AUCTION FOR £41,000
Town centre two storey freehold retail unit extending to around 85 sq/m with potential
A well-proportioned mid terrace two storey retail property requiring improvement. The deeds date from 1767 and it has been in the same family ownership for over 60 years. It has been occupied by the same hairdressing tenant for over 20 years with the latest rent being £4,750 pa, however it will now be sold with vacant possession.
The property is not listed, however lies within a conservation area close to the Market Place.
It has mains water, electricity and drainage.
The first floor has been used for storage and may offer some redevelopment potential subject to the necessary consents being obtained.
Business Rates According to the valuation office website the shop has an area of 84.9 sq/m and a rateable value of £3,250 with effect from 1st April 2023.
Ground floor Sales area, kitchen
First floor Store room
Outside Covered yard, separate wc
Viewings Viewings are being arranged and the next one is Thursday 17th October. Please call the Norwich Office to book an appointment
Tenure: Freehold
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.
40 Market Row, Great Yarmouth, Norfolk NR30 1PB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Great Yarmouth Station0.3 miles
- Berney Arms Station4.2 miles



Notes
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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