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NEXT AUCTION - THURSDAY 16TH JUNE 2.30PM - Click here to view

Lot - 44A Station Road, Sheringham, Norfolk, NR26 8RG Auction Lot £125,000+ - Auction Estates

Next Auction

The Nottingham Racecourse


16 June 2022

44A Station Road, Sheringham, NR26 8RG

Guide Price: £125,000+


Sold
£125,000

Key Features

  • A freehold ground floor lock up shop
  • Prominent position on the main retail street in Sheringham
  • Total floor area approx 448 sq ft
Draft Details Only

A freehold ground floor shop located in the main retail street of Sheringham on the North Norfolk Coast, occupying a prominent end of terrace position with large return display windows

• Freehold ground floor shop with frontage onto Station Road
• Situated in a prime location in the main retail centre
• Nearby occupiers: Age UK, Lloyds Pharmacy and William Hill
• Surrounded by a number of boutique and local operators
• Benefits from a car parking space
• Prominent corner position with large display windows
• Open plan retail area with kitchenette and WC
• Sales Area: 40 m2 (431 sq ft)
• Kitchen: 1.6 m2 (17 sq ft)
• Total Floor area: 41.6 m2 (448 sq ft)
• Ideal opportunity for owner occupiers and investors
• Previously a bakery but would suit alternative retail uses (STP)
• Upper floor flat included in Freehold but sold on a Long Lease
• Upper Floor Flat Long Lease to 25.11.2169 at peppercorn rent
• Note: walk-in fridge unit being dismantled and won't form part of the sale

VAT

Interested parties should refer to the Special Conditions of Sale for confirmation of whether VAT is applicable to the sale price.

Viewings

For viewings contact Auction Estates on 0115 7844 600

Important Notices

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased.

The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold.
First Floor flat included in the freehold but sold off on a long leasehold to 25.11.2169 at a peppercorn rent

Refer to Legal Pack

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