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Auction Property

17 Red Lion Street, Aylsham, Norwich, Norfolk, NR11 6ER

Sold for £216,000

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MIXED RESIDENTIAL AND COMMERCIAL INVESTMENT

Location:

Aylsham is a popular and thriving market town with many amenities and lies approximately 12 miles north of Norwich and within easy reach of the North Norfolk coast.

Directions:

Head into Aylsham along the Norwich Road, passing Tesco supermarket and then turn right into Red Lion Street. No. 17 will be found after a short distance on the left hand side.

Viewing:

Our representative will be at the property on Wednesdays and Fridays between 10.45am and 11.30am, commencing on Friday 24th February and ending on Friday 24th March.

General

Grade II Listed mixed residential and commercial investment opportunity which comprises a ground floor shop and three self-contained flats. One of the flats is on the ground floor and two are on the first floor. There is a small cellar too. The shop and one flat (first floor at the front) are let at £350 per calendar month each, giving an income of £8,400 per annum with potential to let the other two units to provide further income. Improvement and updating to all units is now required. The shop has a sales/display area, changing rooms, a store room in the entrance lobby and a WC which is on the first floor landing. The ground floor flat has a sitting room, utility room, kitchen, bathroom, garden room and two/three bedrooms and incorporates the annexe at the rear. The first floor flat to the front has a private entrance hall, sitting room, two bedrooms, kitchen and bathroom. The first floor flat to the rear has a sitting room, bedroom with shower cubicle, lobby, WC and kitchen. Outside, there is a courtyard garden which is for the use of the ground floor flat.