About this property

Detailed Description

The property comprises a three storey Grade II listed late Georgian/ early Victorian building with two ground floor shops and flats on the first and second floor which are currently occupied as one.

The property is prominently positioned at the Norwich City end of Magdalen Street, close to Colegate Street. The property is a short walk away from Norwich City centre and the historic Tombland area of Norwich home to the Cathedral.

The freehold is available to purchase and has an asking price of £340,000.

Location

The property is prominently positioned at the Norwich City end of Magdalen Street, close to Colgate Street. The property is a short walk away from Norwich City centre and the historic Tombland area of Norwich home to the Cathedral.

Accommodation

The property provides the following Net Internal floor area.

Services

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 sole letting agent:-

VAT

It is understood that VAT is applicable.

Legal Costs

Each party will be responsible for their own legal costs incurred in documenting the letting/sale. Or The ingoing tenant will be expected to bear the Landlord's legal costs incurred in the preparation of the lease (including any superior Landlord's consent).

Other

Lease terms

Unit 24a is a ground floor lock up shop which let to Mr Harber for 6 years of which he is holding over from August 1988 for a rent of £3,500 per annum on tenant's Full Repairing and Insuring terms.

Unit 24d is a ground floor lock up shop which is let to Mr Atiqual Islam for 3 years of which he is also holding over from November 2004 for a rent of £5,000 per annum on tenant's Full Repairing and Insuring terms.

Flat 1 and Flat 2 are occupied as one flat by Paul Foreman from June 1979 under a Rent Act tenancy described on the register as a maisonette over commercial, without central heating. There is access from the ground floor leading to 3 rooms, 1 kitchen, 1 bathroom and 1 WC on the first floor and 3 rooms and 1 bathroom/ WC on the second floor. There is one parking space at the rear of the property. The rent is listed as £1,625 per quarter.