Market Place, Swaffham

LOCATION
Swaffham is a well-regarded historic market town, set in the heart of Norfolk and offering an excellent balance of character, convenience and community. The town centre provides a good range of independent shops, cafés, pubs and supermarkets, along with a weekly market that has been a local tradition for centuries.

The town benefits from a strong selection of amenities including primary and secondary schools, a leisure centre, doctors´ surgeries and a popular cinema, making it a practical and appealing choice for families and professionals alike. Swaffham also enjoys good road links via the A47, providing easy access to King´s Lynn and Norwich.

Surrounded by attractive countryside, Swaffham is ideally placed for those who enjoy outdoor pursuits, with nearby walking/cycling routes and access to Thetford Forest. This combination of rural charm and everyday convenience makes Swaffham a consistently sought-after location to live.

DESCRIPTION
Chester House has been under the same ownership since 1971 and has evolved over the years, providing a viable investment for the current owners. The property comprises a commercial premises to the ground floor (with the current occupiers holding over on a lease dated 01/03/2019 at an initial rent of £8,250 per annum) and four self-contained residential apartments above (presently vacant). This mixed-use building presents an attractive opportunity and is being offered to the market with no onward chain.

Chester House represents an ideal acquisition for investors seeking a well-established mixed-use property with strong income potential and long-term yield prospects.

ACCOMMODATION
The ground floor accommodation is let to an accountancy firm, with accommodation comprising a entrance hall (shared with the residential accommodation above), a reception area, an internal hallway providing access to a kitchen and three offices, together with three W.C.´s

The first floor accommodates three apartments, including two studio units and one 1 bedroom apartment, all of which vary in size and layout. Further details can be found on the accompanying floorplan.

The second floor accommodates the fourth and largest apartment.

Outside:
The property benefits from off-street parking to the front forecourt (2 spaces are allocated to the commercial lease) and a rear courtyard area (to be defined).

SERVICES
All mains services are connected to the property.

The heating is split:
Flat 1, 2, 3 - storage heating
Flat 4 - wall mounted gas fires x2
Ground Floor Office - wall mounted gas fires.

OUTGOINGS
District Council: Breckland

Council Tax Band:
Flat 1 - 4 - Each Band A

Ground Floor Office - Uniform Business Rates, at a Rateable Value of £7,800, subject to Small Business Relief (where applicable).

PARKING NOTES
The property benefits from off-street parking to the front forecourt (2 spaces are allocated to the commercial lease).

VIEWING
By Appointment Through The Sole Agents, Spalding & Co.,
Office Opening Hours:
Monday - Friday: 9:00 a.m. - 5:00 p.m.
Saturday: 9:30 a.m. - 12:30 p.m.