Industrial for sale in Electra House, 31 & 32 Southtown Road, Great Yarmouth, Norfolk NR31

For sale by auction on Wednesday, 12 Jun 2024 at 10:00

Venue: Livestream Auction

Two Grade II Listed properties with good frontage to Southtown Road and rear vehicular access via Lichfield Road. No. 32 has been occupied as offices and No. 31 is currently in a 'shell' condition.

The properties would suit future office use or possible conversion to residential subject to all the necessary planning and other consents.

Attractive front elevations - No. 32 having been occupied until recently has a range of well-proportioned front and rear rooms and most recently used as offices, stores and ancillary staff rooms on both the ground and first floor with a second floor level most recently used for storage. The buildings provide a total net floor area of approximately 6912 sq ft.

No. 31 is in a “Shell condition with various rooms.

Vehicular access from the rear and accessed from Lichfield Road with large parking area and two large industrial workshops/storage both measuring over 18 meters long.

31 Southtown Road
On the ground floor there are five room/store rooms and the same on the first floor

32 Southtown Road
On the ground floor there are five offices, WC facilities and kitchen area.

First floor four offices and two store rooms and W.C. Facilities

Second floor three store rooms

Outside
Large frontage providing off road parking and rear access with ample parking and two industrial workshops/storage rooms both over 18 meter long with pedestrian access and roller shutter doors.

Services
Mains water, electricity and drainage are connected to No. 32

Two Freehold interests
The business rate assessments are:

No. 31 Rateable Value £8400

no. 32 Rateable Value £15,000

We understand that VAT will not be applicable
Viewing
Viewings are being arranged for Wednesday 22nd May, Please call the Norwich Office to book an appointment.

EPC Rating: No.32 E

Additional Fees
Buyers Premium: £600 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.