35 Bridge Street, Fakenham, Norfolk NR21 9AG
- PROPERTY TYPE
Flat
- BEDROOMS
2
- SIZE
Ask agent
- TENUREDescribes 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
- Mixed use investment comprising shop, warehouse and two bedroom flat
- Let producing £20,300 pa
- Off road parking to rear
- Guide price: £180,000 - £200,000
- For sale by livestream auction
- Unless previously sold or withdrawn prior
Description
SOLD AFTER AUCTION
Mixed use investment comprising shop, warehouse and two bedroom flat producing £20,300 pa
This diverse property comprises a largely open plan ground floor retail unit with storage, fronting Bridge Street, with secondary access to the rear of the shop.There is also a two-storey flat roofed brick warehouse offering redevelopment potential, accessed either via double wooden doors in the courtyard or internally through the shop.
The ground floor retail and warehouse (1,311 sq/ft) is let on a 15 year lease from 25 March 2011 at a current rent of £14,000 pa.
The first floor flat (35B) is accessed via the rear courtyard and is let to a long established tenant who has been in occupation for around ten years on a holding over assured shorthold tenancy at £525 pcm (£6,300 pa).
There is a large rear courtyard providing ample off road parking.
Retail Retail (NIA) 55.27 595
Warehouse (66.49 sq/m / 716 sq/ft) Ground Floor 32.62 sq/m / 351 sq/ft
First Floor 33.87 sq/m / 365 sq/ft
First floor flat (70.45 m² / 758 sqft) 35B Kitchen, bathroom, living Room, two bedrooms
Ratable Value According to the Valuation Office website, the shop and premises has an area of 120 sq/m and a rateable value of £8,000 with effect from the 1st April 2023.
Tenure: Freehold
EPC Rating: 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: £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.
- 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.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
35 Bridge Street, Fakenham, Norfolk NR21 9AG
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Get an instant, personalised result:
- Show sellers you’re serious
- Secure viewings faster with agents
- No impact on your credit score
About Auction House, East Anglia
The Barn Newmarket Road Cringleford Norwich NR4 6UE
Your mortgage
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 202409031100sq_tbtz. 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 Auction House, East Anglia. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, East Anglia on 01603 361653.
*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.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.