Property Information
Address:
35 Bridge Street, Fakenham, Norfolk
, NR21 9AG
, Norfolk
, United Kingdom
Price: Buy: POA
Size: 758 sq ft70 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH684368
Property Ref/Agent: 336351
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: May 11, 2024
Property description
The property comprises a largely open plan ground floor retail unit with storage, fronting Bridge Street. There is secondary access to the rear of the shop.
The first floor apartment is accessed via the rear courtyard, which comprises two bedrooms, a kitchen, a bathroom, and a living room.
There is also a two-storey flat roofed brick warehouse accessed either via double wooden doors in the courtyard or internally through the shop.
The large rear courtyard can be accessed either via Bridge St or via Cattle Market St.
The property is held freehold subject to the following lease agreements:
Ground Floor Retail and Warehouse
Tenant: Scott Saunders
Term:
15 years from 25 March 2011
Rent:
£14,000 per annum
Repairs:
The tenant is responsible for internal repairs and decoration including the
doors and shop front.
First Floor Flat
Term:
Holding over on a periodic basis
Lease:
Assured shorthold tenancy
Rent:
£6,300pa
CONVENIENT TOWN CENTRE LOCATION
GROUND FLOOR RETAIL WITH WAREHOUSE AND FLAT ABOVE.
CLOSE PROXIMITY TO MAIN RETAIL PARADE
TOTAL INCOME OF £20,300PA
FREEHOLD
DEVELOPMENT POTENTIAL
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