Mixed Use Investment Property - OnTheMarket
Mixed Use Investment Property
Retail/Investment
270.06 SqM (2,907SqFt)
GENEROUS PARKING
Note: Arnolds for themselves and for the vendors or lessees of this property whose agents they are give notice that (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute part of, an offer or contract: (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchaser or lessees should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them (iii) no person in the employment of Arnolds has any authority to make or give any representation or warranty whatever in relation to this property.
For Sale Coast Road, Bacton, Norwich NR12 0EU
DEVELOPMENT POTENTIAL
Bacton is a coastal town in North Norfolk, approximately 20 miles from Norwich city centre, and 4.5 miles north of the nearest town, North Walsham.
PROMINENT FRONTAGE
The subject property is located in the centre of the village of Bacton, approximately half a mile south of the infamous Bacton Gas Terminal, and in close proximity to a number of the camp sites that exist in the local area.
LARGE RESIDENTIAL ACCOMODATION
The property is located on the coast road (B1159) close to the junction with the North Walsham Road.
Coast Road, Bacton, Norwich NR12 0EU
Description
Business Rates
The property benefits from a large forecourt providing approximately 20 car parking spaces and consists of a semi detached retail unit with generous first floor residential accommodation comprising four bedrooms, open plan kitchen/ dining/ living room, roof terrace and WC.
The property has been entered onto the Valuation Office Agency website as the following:
The premises are of traditional construction with large single glazed timber frame display windows under an awning leading to a rendered first floor with a flat roof.
COUNCIL TAX
Internally the premises consist primarily of the front retail accommodation providing carpeted floors to plastered and emulsioned walls, under an artex ceiling with surface mounted strip fluorescent lighting.
Legal Costs
To the rear of the ground floor there is significant storage space with planning permission to provide proposed residential accommodation of two one bedroom flats, which have been partially converted.
Rateable Value: £5,800 Rates Payable 2016/2017: £2,795 *NB: This property qualifies for small business rates relief.
Each party to bear their own.
EPC The property has an EPC rating of: TBC
Viewing and further information Strictly by appointment with the sole agent: Robert Flint or Jordan Marshall
Accommodation We have measured the property in accordance with the RICS Code of Measuring Practice and calculate the following gross internal floor areas.
Description Retail Flat No 1 Flat No 2 First Floor Flat TOTAL
Description: Shop and Premises
M² 104.22 43.71 45.06 77.07 270.06
Sq Ft 1,121 471 485 830 2,907
Terms The freehold interest in the property is available for sale at £275,000 exclusive.
VAT Our client reserves the right to charge VAT in line with current legislation.
[email protected] [email protected] Arnolds Keys 01603 620551 SUBJECT TO CONTRACT - JJM/04/16/19087/120
Retail/Investment
270.06 SqM (2,907SqFt)
GENEROUS PARKING
Note: Arnolds for themselves and for the vendors or lessees of this property whose agents they are give notice that (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute part of, an offer or contract: (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchaser or lessees should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them (iii) no person in the employment of Arnolds has any authority to make or give any representation or warranty whatever in relation to this property.
For Sale Coast Road, Bacton, Norwich NR12 0EU
DEVELOPMENT POTENTIAL
Bacton is a coastal town in North Norfolk, approximately 20 miles from Norwich city centre, and 4.5 miles north of the nearest town, North Walsham.
PROMINENT FRONTAGE
The subject property is located in the centre of the village of Bacton, approximately half a mile south of the infamous Bacton Gas Terminal, and in close proximity to a number of the camp sites that exist in the local area.
LARGE RESIDENTIAL ACCOMODATION
The property is located on the coast road (B1159) close to the junction with the North Walsham Road.
Coast Road, Bacton, Norwich NR12 0EU
Description
Business Rates
The property benefits from a large forecourt providing approximately 20 car parking spaces and consists of a semi detached retail unit with generous first floor residential accommodation comprising four bedrooms, open plan kitchen/ dining/ living room, roof terrace and WC.
The property has been entered onto the Valuation Office Agency website as the following:
The premises are of traditional construction with large single glazed timber frame display windows under an awning leading to a rendered first floor with a flat roof.
COUNCIL TAX
Internally the premises consist primarily of the front retail accommodation providing carpeted floors to plastered and emulsioned walls, under an artex ceiling with surface mounted strip fluorescent lighting.
Legal Costs
To the rear of the ground floor there is significant storage space with planning permission to provide proposed residential accommodation of two one bedroom flats, which have been partially converted.
Rateable Value: £5,800 Rates Payable 2016/2017: £2,795 *NB: This property qualifies for small business rates relief.
Each party to bear their own.
EPC The property has an EPC rating of: TBC
Viewing and further information Strictly by appointment with the sole agent: Robert Flint or Jordan Marshall
Accommodation We have measured the property in accordance with the RICS Code of Measuring Practice and calculate the following gross internal floor areas.
Description Retail Flat No 1 Flat No 2 First Floor Flat TOTAL
Description: Shop and Premises
M² 104.22 43.71 45.06 77.07 270.06
Sq Ft 1,121 471 485 830 2,907
Terms The freehold interest in the property is available for sale at £275,000 exclusive.
VAT Our client reserves the right to charge VAT in line with current legislation.
[email protected] [email protected] Arnolds Keys 01603 620551 SUBJECT TO CONTRACT - JJM/04/16/19087/120
