1A Grammar School Road, North Walsham, Norfolk NR28 9JH
- PROPERTY TYPE
Hairdresser / Barber Shop
- SIZE
Ask agent
Key features
- Valuable investment property currently a hairdressers
- Tenanted producing £9,600 pa
- Future development potential
- Guide price - £100,000 to £125,000
- For sale by livestream auction
- Unless previously sold or withdrawn prior
- 10:00 am, Wednesday 30th July 2025
Description
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 30th JULY 2025 AT 10:00AM. TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
A valuable freehold investment currently let producing £9,600 pa
This property was formally a semi detached cottage but has more recently been converted into a retail premises. The existing use is as a hairdressers and is let producing an income of £800 per month £9,600 pa. The premises are in a prominent location a short walk from the town centre and benefits from off road parking. The building is in good condition having gas central heating and double glazing. The accommodation includes two main rooms and a reception on the ground floor and two treatment rooms, an office and wc on the first floor.
This is an excellent investment opportunity or may have significant future uplift in value if converted back to residential use.
Ground Floor Reception area, main salon, wash room, utility area rear hall and stairs.
First Floor Landing, two treatment rooms, office, wc.
Outside Front garden providing off road parking, courtyard gardens to side.
Business Rates 1 April 2023 to present: £5,500
Tenure: Freehold
EPC Rating: C
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £600 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.
1A Grammar School Road, North Walsham, Norfolk NR28 9JH
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- North Walsham Station0.3 miles
- Worstead Station3.0 miles
- Gunton Station3.6 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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