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Sycamore House, Baldwins Drove, Outwell, Wisbech, Norfolk, PE14 8SB
3,360 sq. ft. (312.15 sq. m.)
Guide Price
£595,000
Investment
  • Currently let to Castle Homes Care Ltd
  • Two Storey Property
  • Set in 1.96 acres
  • Rural Village Location

A freehold assisted living facility investment opportunity currently let to Castle Homes Care Ltd who are a personalised care provider.

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About this property

Detailed Description

Set in grounds of approx. 1.96 acres the detached 2 storey property is laid out to facilitate residential care accommodation. The property comprises a large entrance hall with stairs to first floor and games room to the rear. To the left there are several administrative offices whilst on the right-hand side is a kitchen/diner with cloakroom and utility off all with tiled floors. The kitchen/diner opens into a vaulted lounge/living area with exposed ceiling trusses and a brick feature fireplace. To the first floor there is a master bedroom with ensuite shower room, three further bedrooms and a family bathroom fitted with bath, shower, wc and hand basin in vanity surround. The property has an oil-fired central heating system and drainage is to a private system. To the side of the property is a brick build garage with 3 up and over doors and small office/storage to the rear.

The accommodation has a secure rear garden with an additional 1.49 acres beyond. There is a profile sheet steel workshop with roller shutter door (3.15m wide), storage mezzanine (excluded from measurement), W/C and storeroom. Clear height of 3.13m and internal blockwork to 2m high, water and electricity connected.

Location

The property is situated in Outwell, which is a rural village in the district of Kings Lynn & West Norfolk, it is situated within 6.4 miles of Wisbech, 8.9 miles of the Norfolk town of Downham Market and 19 miles of the Norfolk town of Kings Lynn.
The property is located on the quiet road of Baldwins Drove and surrounded by agricultural fields.

Accomodation

The property has the following approximate floor area:
House: 215.81 sqm (2,323 sqft)
Workshop: 124.22 sqm (1,337 sqft)
Overall: 340.03 sqm (3,660 sqft)

Services

It is understood mains water and electricity is connected. private drainage.
We have not carried out tests on any of the services or appliances and interested parties should arrange their own test to ensure these are in working order.

Viewing

Strictly by appointment with the selling agent.

VAT

To be confirmed.

Legal Costs

Each party will be responsible for their own legal costs incurred in documenting the sale.

Other

Council Tax
The property is Council Tax Band C.

Terms

The property is let on a lease which commenced on 11th July 2018 for a 5 year term, the lease is contracted into the Landlord and Tenant Act 1954 and the tenant is currently holding over.
The passing rent is £33,043.47 pa. Negotiations are currently taking place for a new lease.

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To arrange a viewing contact

Market Chambers, 25-26 Tuesday Market Place, King's Lynn, Norfolk, PE30 1JJ

01553 605751

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