INVESTMENT > Pulham Market, Norfolk

- PROPERTY TYPE
Character Property
- SIZE
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- 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
- FREEHOLD INVESTMENT OPPORTUNITY: Mixed-use asset with strong income and scope for growth.
- SOUGHT-AFTER LOCATION OF PULHAM MARKET, NORFOLK: Central village spot overlooking the green.
- FULLY LET GENERATING £36,360 ANNUAL INCOME: Fully occupied with stable rental return.
- 2 FLATS, 5 COMMERCIAL UNITS/WORKSHOPS: Includes residential and self-contained workspaces.
- WELL MAINTAINED, LOW UPKEEP: Presented in good order with minimal ongoing costs.
- CHARACTER PERIOD PROPERTY, BEAUTIFUL LOCATION: Charming building in a scenic Norfolk setting.
- TENANTS' PAY ALL UTILITIES & RATES: Each unit is separately metered; no landlord utility costs.
- PRIVATE PARKING TO REAR & COVERED EXTERNAL AREA: Includes parking and shared covered space.
- LONG STANDING TENANTS: Established occupiers in place.
- GENUINE RETIREMENT SALE: Offered due to owner's retirement.
Description
RESIDENTIAL & COMMERCIAL INVESTMENT - PULHAM MARKET, NORFOLK
EMF are pleased to bring to market this unique freehold investment opportunity in the heart of Pulham Market. The Gables comprises a mixture of residential flats and commercial workspaces, producing a healthy income stream with scope for enhancement. This charming and well-maintained property occupies a central village location overlooking the green and features a wealth of period character.
THE BUSINESS:
Currently fully let, The Gables generates an approximate annual turnover of £36,360. The site includes multiple self-contained workspaces (WS1-WS5) and residential flats. Each unit is separately metered for electricity, and tenants are responsible for their own utility charges, including council tax and business rates. The shared W.C. facilities are landlord-managed, with the associated electricity usage costs reimbursed to WS3.
This low-maintenance investment benefits from a full record of repair and maintenance, and the current owners have ensured the property has been kept in sound structural and decorative order. The business is now offered for sale due to the owners' retirement plans.
COMMERCIAL PREMISES:
The Gables Yard is a collection of attractive period properties some arranged over two floors, with separate entrances for each commercial unit. A gravel driveway leads to a generous parking area at the rear. Between WS4 and WS5, an open-fronted, roof-covered area provides useful additional space for tenants or landlord use.
The workspaces benefit from character features and good natural light, and are configured to suit a range of small business occupiers. WS2 to WS5 share a communal W.C., with facilities maintained by the landlord and electricity sub-metered from WS3.
ACCOMMODATION:
The residential accommodation at The Gables is made up of two spacious and characterful flats, both offering flexible living arrangements suitable for a variety of uses, including longer-term letting, such is the case with the current tenants, or potentially as holiday rentals (subject to planning).
The Ground Floor Flat is well presented and accessed via a rear entrance lobby with brick floor. The interior offers an open-plan kitchen/dining/lounge with laminate flooring and windows to both the front and rear. From the inner lobby, a large multi-purpose room accommodates three double beds and has a window overlooking the rear courtyard along with access to a separate bathroom. There is also a second large bedroom accessed directly from the lounge, with ample space for two double beds and a W.C. off the room, plus a window to the front. Original features, such as the old recessed fireplace with beam above, add charm and character to this generously proportioned space.
Flat 2, arranged over the first and attic floors, is accessed via a private entrance lobby to the front with a useful under-stair cupboard. A wide staircase leads to a generous landing with natural light from a side window. The main living space comprises a wide hallway that opens into a well-proportioned kitchen/dining/living room, with windows to both the front and rear providing a light and airy feel. Off the hallway are sleeping areas currently arranged with two single bedrooms and one double bedroom. An inner hallway leads to a family bathroom and staircase access to the converted attic. The attic floor features a landing area, a large storage room, and a further double bedroom. The flat is fully double glazed throughout.
KEY INFORMATION:
CONFIDENTIAL INFORMATION: In order to release further information on the business - such as the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required.
REFERENCE NUMBER: INV36099E.
TENURE: Freehold.
RATES PAYABLE: Not applicable - the tenants are responsible for the Council Tax and Business Rates for the individual properties.
This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.
STAFF: Not applicable.
EPC: Please see the Energy Performance Certificate page of these particulars - full Energy Performance Certificates are available on request.
PRICE: FREEHOLD: £525,000.
Comprising the freehold interest, business goodwill, fixtures, fittings, and equipment. Business offered for sale as a going concern and not as a vacant premises.
VIEWING: Viewing is strictly by appointment only. Please contact us at your earliest convenience to schedule a time that suits you.
FINANCE: If you require assistance with business financing or commercial mortgages (subject to eligibility), we may be able to help. Let us know if you would like our support, and we will gladly put you in touch with our recommended whole-of-market broker.
BUSINESS TO SELL: Thinking of selling your business? That's our specialty. If you're curious about its value, we offer a free, confidential valuation service. Simply pick the day and time that work best for you, and we will provide an honest, professional assessment. Feel free to get in touch with our office at your convenience to book an appointment.
PREMIER MARKETING: We are passionate about showcasing each business in a way that truly stands out. Our listings include high-quality property details and comprehensive information across all major online platforms, as well as our own website. If you want your business to shine, call us to arrange a complimentary valuation.
DISCLAIMER:
1. MONEY LAUNDERING REGULATIONS: Prospective buyers will be required to provide identification documentation and proof of funding during the purchasing process. Cooperation is appreciated to ensure the sale proceeds without unnecessary delays.
2. PARTICULARS: While we strive to ensure all information is accurate and reliable, it serves as a general guide only. Should any particular details be of special importance, please contact us so we can verify the information before you travel to view.
3. MEASUREMENTS: Provided room sizes are approximate and intended solely for general guidance. Prospective buyers are advised to independently verify all measurements to ensure accuracy.
4. SERVICES: Please note we have not tested the services or any of the equipment or appliances.
Brochures
PDF Brochure- 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.
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- 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.
- Yes
- 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
INVESTMENT > Pulham Market, Norfolk
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Visit our security centre to find out moreDisclaimer - Property reference INV36099ER. 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 EM&F East Anglia, 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.
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