Retail property (high street) for sale
Property description & features
DESCRIPTION
A mixed residential and commercial investment property in the heart of the town. The Grade II Listed building comprising Taylor’s Café at ground, lower ground & first floor levels, with a covered terrace at the rear, and a maisonette to the upper floors. The premises are let separately to tenants providing total income of £18,440 per annum.
ACCOMMODATION
Taylor's:
Ground Floor:
Stepped access from the pavement to;
Main Seating Area/Servery:
22'9" x 21'6" (6.93m x 6.55m) maximums
Stairs to first & lower ground floors and door to;
Kitchen:
12'7" x 11'2" (3.84m x 3.4m)
Lower Ground Floor:
"Lounge":
14'10" x 13'4" (4.52m x 4.06m)
"Snug":
7'9" x 7' (2.36m x 2.13m)
Corner Area:
6'9" x 6' (2.06m x 1.83m)
2 Public W.C.'s:
Steps up to;
Rear Lobby:
Door to covered terrace.
Rear Seating Area:
14'3" x 8'9" (4.34m x 2.67m) maximums
First Floor:
Landing with door to flat (locked).
Seating Area:
13' x 12' (3.96m x 3.66m)
The Maisonette:
External rear staircase to;
First Floor:
Entrance Hall:
Door to Taylor's landing (locked) and staircase to second floor or maisonette.
Kitchen/Breakfast Room:
13'1" x 11'3" (3.99m x 3.43m)
Bathroom:
9'6" x 5'6" (2.9m x 1.68m)
Sitting Room:
13'1" x 10'3" (3.99m x 3.12m)
Second Floor:
Bedroom (in two parts):
13'6" x 9'4" (4.11m x 2.84m) max & 13'7" x 11' (4.14m x 3.35m)
Outside:
Pedestrian access from Oak Street, at the side of No.7 serves the covered terrace for Taylor’s and staircase access to the maisonette.
SERVICES
The is one supply of all mains services to the building, each sub-metered to the maisonette.
TERMS
Tenure:
The property is held freehold, subject to the existing lettings:
Taylor’s - A lease for a term of 6 years with effect from 19/07/2019 at a rent of £12,500 p.a., the rent review (linked to RPI) at 19/07/2022 not having been implemented. The lease is drawn on effectively fully repairing and insuring terms, subject to the service charge being capped at 10% of the passing rent in any year.
The Maisonette - An Assured Shorthold Tenancy for 1 year, commencing 28/05/2019 at a rent of £495 p.c.m., without subsequent review.
OUTGOINGS
District Council: North Norfolk.
Taylor’s has a current Rateable Value of £8,400.
The Maisonette is assessed for council tax in band A.
VIEWING
By appointment through the Sole Agents,
Spalding & Co.,
Office Opening Hours:
Monday - Friday: 9:00 a.m. - 5:00 p.m.
Saturday: 9:30 a.m. - 12:30 p.m.
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Property reference 101285001466. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Spalding & Co - Fakenham.
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Broadband availability and predicted speed: obtained from Ofcom on January 4, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 4, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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