About this property

Detailed Description

The property comprises a ground floor commercial premises and a first floor one bedroom flat.

Currently in use as a salon, the ground floor has a large open-plan hairdressing room, several smaller beauty treatment rooms and a WC, with a basement for additional storage. Towards the front of the property is a kitchen which opens onto a small courtyard garden.

The flat comprises a large open-plan kitchen/living area with separate bedroom and bathroom.

Externally there is space to park 4 cars.

Location

The property is located on Heigham Road, west of Norwich City Centre and just off the Dereham Road. Heigham Road forms part of the sought after 'Golden Triangle' which is a popular residential area. Nearby commercial occupiers include Tesco Express, Becketts and The Cat House.

Accommodation

The property provides the following net internal floor areas:

Description sq m sq ft
Ground floor salon (NIA) 101.5 1,093
First floor flat (GIA) 11.5 124
Basement - -
Total NIA 137.4 1,479

Business Rates

Business rates will be the responsibility of the occupier. The premises have the following assessment:-

Description Shop & premises
Rateable Value (from 1st April 2023) £9,700
Rates payable for 2023/2024 £0*

*The rateable value is below the minimum value threshold and an occupier may therefore be eligible for full rates relief.

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 selling 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 sale.

Other

The property is held freehold and vacant possession of the ground floor will be given upon completion. It is available to purchase at a price of £350,000.

The first floor flat is let on an Assured Shorthold Tenancy agreement, now on a rolling basis and currently producing an income of £700 pcm.