17 & 19 Gloucester Street, Norwich, Norfolk, NR2 2DX
- Unconditional Online Sale
Addendum
All interest contact Steve Pymm
Pymm & Co Auctions are delighted to offer this FREEHOLD investment opportunity, located in the much sought after Golden Triangle area of Norwich.
Description
The Golden Triangle is located South of Norwich City centre and offers a wealth of useful amenities close by from pubs, shops and food outlets to well regarded school and transport links including the Ring Road and A47 both of which are easily accessible.
The lot compromises of the following:
17 Gloucester Street, a shop currently let at £12,000per annum
19 Gloucester Street, a 2 bedroom house currently let at £13,200 per annum
And the freehold to flat 17a Gloucester Street
Total combined income of £25,200 per annum.
All available to purchase at a "Buy It Now" price only of £350,000 bringing in a yield of 7.2%
Leases available to view upon request
Viewing strictly by appointment only via Darren 01603 305805 option 4
Services:
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
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 - £900 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.
Please note: Property currently owned by a Pymm & Co Director
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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