For Sale By Auction | 11:00, 26 March 2025

The Old Maltings House, The Street, Long Stratton, Norfolk NR15 2AH

*Guide | £225,000 - £250,000 (plus fees)

  • Mixed Use
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 26/03/2025

Auction Time

11:00

Auction Venue

Livestream Auction

This substantial Grade II listed building comprises three houses, all let on AST, and vacant shop with retail frontage located in the centre of Long Stratton.

This mixed use Grade II listed building is mainly residential, comprising three terraced houses let on ASTs and a vacant shop measuring 48.8sqm (stms) with retail frontage onto the main street in the village of Long Stratton. The terraced houses are in differing conditions; No. 1 (a one bedroom) being recently refurbished and on a let on new AST a month ago, No. 2 (a two bedroom) in need of some refurbishment and No. 3 (three bedroom) again in need of some refurbishment. The shop is currently vacant. This would make a great investment for a landlord investment purchase with a ready made income of £22,080 pa and would provide a further £4,800 pa once the shop is let. Viewings can be arranged please call us to discuss.

Tenure

Freehold

Overview

No 1 - Recently refurbished. AST commenced one month ago at £695 pcm No 2 - Let on an AST £575 pcm No 3 - Let on an AST £570 pcm Shop - Currently vacant

Shop

48.8 sqm (stms) Retail area with kitchen and stairs leading to storage area above

Number 1

One bedroom terrace house

Number 2

Two bedroom terrace house

Number 3

Three bedroom terrace house

Exterior

Drive to side of the property provides ample parking for tenants, there is a large open cartlodge which offers development opportunities (stpp)

Viewings

Viewings are being held by arrangement. Please contact the Norwich Office to book your appointment

Energy Efficiency Rating (EPC)

Current Rating SHOP C, HOUSES: No.1 D, - No.2 D, No.3 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

Ashtons Legal (Norwich), Ref: Claire Beckett, Tel: 01603 703078

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 - £960 inc VAT payable on exchange of contracts.

Administration Charge - £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.