1, 3A, and 3b Wellington Road, Dereham, Norfolk NR19 2BP
- PROPERTY TYPE
Mixed Use
- SIZE
Ask agent
Key features
- Freehold investment opportunity in town centre location
- Three storey terrace of shops and maisonette
- Producing (all let) £ 32,760 pa
- Guide price: £300,000 to £330,000
- For sale by livestream auction
- Unless previously sold or withdrawn prior
- 10:00 am, Wednesday 18th June 2025
Description
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 18TH JUNE 2025 AT 10:00AM. TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
Freehold investment opportunity in town centre location - three maisonettes and three shops producing (all let) £ 32,760 pa
This Three storey terrace of shops and maisonettes is located at the heart of the busy market town and offers excellent investment opportunity. All maisonette are let on assured shorthold basis jointly producing nearly £18,960 pa. All three shops are let providing a further income of £13,800 pa
The building is situated a few steps from the market place in a prominent position. Dereham is a busy market town with a wealth of high street shops, recreational and community facilities, ample parking is available nearby.
Accommodation Ground floor: Three lock up shops
Upper floors: Two of the flats (3C and 3D) are approached via an external staircase with the remaining flat (1A) having an access to the side of 1 Wellington Road, Each flat comprises: Lounge, kitchen, bathroom and double bedroom.
Tenancy Details For full details please refer to the legal pack
Business Rates 1 - current rateable value is £6,400 pa
3a - current rateable value is £6,000 pa
3b - current rateable value is £3,750 pa
Council Tax Band 1A = A, 3C = A, 3D = A
Tenure: Freehold
EPC Rating: 1a - F, 3c - F, 3d - E
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £960 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.
1, 3A, and 3b Wellington Road, Dereham, Norfolk NR19 2BP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wymondham Station11.0 miles
About Auction House, East Anglia
The Barn Newmarket Road Cringleford Norwich NR4 6UE
Notes
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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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