Land for sale
Norwich, Norfolk, NR3 1HU
Guide Price
£340,000
Residential Tags: Georgian, Grade II, Rent Act Tenancy
Property Tags: N/A
Land Tags: N/A
Summary Details
- First Marketed: Jul 2021
- Removed: Date Not Available
- Residential Tags: Georgian, Grade II, Rent Act Tenancy
- Property Tags: N/A
- Land Tags: N/A
The property comprises a three storey Grade II listed late Georgian/ early Victorian building with two ground floor shops and flats on the first and second floor which are currently occupied as one.
The property is prominently positioned at the Norwich City end of Magdalen Street, close to Colegate Street. The property is a short walk away from Norwich City centre and the historic Tombland area of Norwich home to the Cathedral.
The freehold is available to purchase and has an asking price of £340,000.
The property is prominently positioned at the Norwich City end of Magdalen Street, close to Colgate Street. The property is a short walk away from Norwich City centre and the historic Tombland area of Norwich home to the Cathedral.
Lease terms
Unit 24a is a ground floor lock up shop which let to Mr Harber for 6 years of which he is holding over from August 1988 for a rent of £3,500 per annum on tenant's Full Repairing and Insuring terms.
Unit 24d is a ground floor lock up shop which is let to Mr Atiqual Islam for 3 years of which he is also holding over from November 2004 for a rent of £5,000 per annum on tenant's Full Repairing and Insuring terms.
Flat 1 and Flat 2 are occupied as one flat by Paul Foreman from June 1979 under a Rent Act tenancy described on the register as a maisonette over commercial, without central heating. There is access from the ground floor leading to 3 rooms, 1 kitchen, 1 bathroom and 1 WC on the first floor and 3 rooms and 1 bathroom/ WC on the second floor. There is one parking space at the rear of the property. The rent is listed as £1,625 per quarter.
The current combined income is £15,000 per annum exclusive.
The freehold is available to purchase and has an asking price of £340,000.
Marketed by: Brown & Co, Norwich
The property is prominently positioned at the Norwich City end of Magdalen Street, close to Colegate Street. The property is a short walk away from Norwich City centre and the historic Tombland area of Norwich home to the Cathedral.
The freehold is available to purchase and has an asking price of £340,000.
The property is prominently positioned at the Norwich City end of Magdalen Street, close to Colgate Street. The property is a short walk away from Norwich City centre and the historic Tombland area of Norwich home to the Cathedral.
Lease terms
Unit 24a is a ground floor lock up shop which let to Mr Harber for 6 years of which he is holding over from August 1988 for a rent of £3,500 per annum on tenant's Full Repairing and Insuring terms.
Unit 24d is a ground floor lock up shop which is let to Mr Atiqual Islam for 3 years of which he is also holding over from November 2004 for a rent of £5,000 per annum on tenant's Full Repairing and Insuring terms.
Flat 1 and Flat 2 are occupied as one flat by Paul Foreman from June 1979 under a Rent Act tenancy described on the register as a maisonette over commercial, without central heating. There is access from the ground floor leading to 3 rooms, 1 kitchen, 1 bathroom and 1 WC on the first floor and 3 rooms and 1 bathroom/ WC on the second floor. There is one parking space at the rear of the property. The rent is listed as £1,625 per quarter.
The current combined income is £15,000 per annum exclusive.
The freehold is available to purchase and has an asking price of £340,000.
Marketed by: Brown & Co, Norwich
Land Registry Data
- No historical data found.