For Sale By Auction | 11:00, 11 September 2024 | Lot 26

12, 12A, 13 and 13A St. Nicholas Street, Diss, Norfolk IP22 4LB

Sold £240,000

  • Commercial Development
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 11/09/2024

Auction Time

11:00

Auction Venue

Livestream Auction

Valuable town centre freehold shops and offices (part let)

Located close to the heart of the busy town this parade of lock up shops and offices is now mostly vacant and ready for new owners to maximise the earning potential by re-letting the remaining shops and offices or conversion of the existing accommodation into residential use (stpp). The barbers shop which is currently let producing £7,200 pa on a full repairing and insuring lease for the remainder of a 15 year term. The first floor offices extend the full width of the property and are accessed via number 12a or via an independant access. A further second floor is currently not accesible and has not been used for many years, this may however provide additional accommodation.  Diss is a busy market town with excellent shopping facilities and good public transport links including a main line railway service to London Liverpool Street.

Tenure

Freehold

12 St Nicholas Street, Shop

Barbers Shop (ground Floor) Let producing £7,200pa 15 year Lease commenced 5 August 2020 (3 Yearly break clause)

12a and 13a St Nicholas Street

Ground floor shop, offices access to first floor offices, kitchen, toilets and store rooms (Vacant)

13 St Nicholas Street, Diss

Ground floor, shop, offices, store room, toilet. (Vacant)

Business Rates

From 1st April 2023 to present: 12: £5,500 12a: £5,900 13: £5,800

Viewings

Open viewings by arrangement. The next are on Wednesday 4 and Thursday 5 September, please call the Norwich office to book a time slot.

Energy Efficiency Rating (EPC)

Current Rating C, D, D, E

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

South Norfolk Council

Solicitors

Cozens-Hardy LLP, Ref: Dan Evans, Tel: 01603 724676

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - £1000 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £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.