46 Wells Road, Fakenham, Norfolk NR21 9AA
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Office for sale
Key features
- Valuable freehold commercial investment
- Let producing £24,600pa
- High profile location
- Grade II Listed
Description
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 9 SEPTEMBER AT 10AM
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
A valuable investment opportunity with an annual income of £24,600pa
The building is Grade II listed and extends to approximately 1200 sq ft it includes various offices with shared facilities, currently let to established tenants producing £24,600pa and is occupied by a charity (MIND), Accountants (SCS) and a beautician.
The property is located in a prominent location close to Fakenham town centre and other established shops and offices. It is in excellent order and will make a very sound investment opportunity for the discerning buyer.
Tenancy details Mind Norfolk - £2700 a quarter – 5 years lease commenced September 2024
Beautician - £600 a month – rolling licence, ending October 2026
SCS Accountants - £550 a month – 3 year lease commenced April 2026
Note A small part of the first floor is a flying freehold over the kitchen of 44 Wells Road. This is covered in the title documents, please see legal pack.
Tenure: Freehold with Flying Freehold
EPC Rating: D
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1200 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 Wells Road, Fakenham, Norfolk NR21 9AA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Sheringham Station16.9 miles
Notes
Disclaimer - Property reference 202607281124sq_ck0z. 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, Norwich. 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, Norwich on 01603 361707.
*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.”