46 Red Lion Street, Aylsham, Norwich, Norfolk NR11 6ER
- PROPERTY TYPE
Mixed Use
- SIZE
Ask agent
Key features
- Freehold building arranged as ground floor shop let producing £3,720 pa
- Flat above sold off with 102 years remaining on lease
- Guide price: £40,000 to £50,000
- For sale by livestream auction
- Unless previously sold or withdrawn prior
- 11:00am,Thursday 8th May 2025
Description
SOLD AT AUCTION FOR £48,500
Freehold building arranged as ground floor shop let producing £3,720 pa with flat above
This town centre Grade II listed mid terrace property comprises a let ground floor shop and a self contained one bedroom maisonette above on the first and second floor which has been sold off on a 125 year lease from 28th October 2002 with 102 years remaining.
The shop trades as Vape Gurus and is let at £310 pcm (£3,720 pa) to a long established tenant, however there is no written lease in place.
According to the valuation office website the shop has an area of 29.65 sqm and a rateable value of £2,900 with effect from 1st April 2023. Due to small business rate relief no rates are payable.
Ground floor (46) Shop and store room with kitchen and wc in rear single storey modern extension.
First floor (46a) One bedroom two storey flat on first and second floors above accessed via passageway to side. Not inspected internally.
Council Tax Band (46a) A
Tenure: Freehold
EPC Rating: C
Administration Fee: £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.
46 Red Lion Street, Aylsham, Norwich, Norfolk NR11 6ER
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- North Walsham Station5.7 miles
About Auction House, East Anglia
The Barn Newmarket Road Cringleford Norwich NR4 6UE
Notes
Disclaimer - Property reference 202411191701sq_7kof_copy_2025-04-09_164351. 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.”
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