Retail premises for sale in 11 Harland Place, Norton TS20
£250,000 (£411.18/sq. ft)
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Prime and rarely available freehold property in the centre of Norton. The property has been in our client’s family’s ownership for in excess of 50 years with the ground floor having being used as a chiropodist since 1992. The flat is a large one bedroom and could be reconfigured to create a 2 bedroom flat to increase the rental return. We would anticipate that the rent for the ground floor would be in the region of £12,000 per annum. Given the high level of occupancy in Norton at present, tenant demand is likely to be strong with the ground floor being of a size which does not attract business rates.
The property is located in a visible position in the centre of the town. Surrounding occupiers include a mix of national and independently owned retailers including Costa, Greggs, Co-op, Boots, Betfred and Cooplands. Norton has a buoyant night time economy and includes regionally renowned bars and restaurants such as Head of Steam, 12 Harland Place, Canteen & Cocktails, Scrann, Café Lilli and The Open Jar.
The ground floor extends to 56.5 sq m/608 sq ft and has been used by our client as a chiropodist since 1992. The first floor is a one bedroom flat which is currently let at a rent of £400 per calendar month.
The property has benefit of mains supplies of gas, water and electricity in addition to mains drainage. Our client advises us that the services are not split although there is a sub meter to the flat to measure the flats consumption of electricity. Interested parties should make their own enquiries.
Energy Performance Certificate
Flat – Band E
Ground floor – Commissioned & available on request.
For sale freehold subject to the existing tenancy. Offers in the region of £250,000.
Nb – there is a small section of flying freehold over 10 Harland Place and there is a right of way to the rear running through 12 Harland Place.
£7,200 Obtained from the Valuation Office Agency (). The ubr for the period 2021/2021 is 51.2p in the pound. Please contact your local authority for more information in relation to reliefs that may be available.
For further information and viewings please contact Greig Cavey Commercial Limited on or e-mail
* Sizes listed are approximate. Please contact the agent to confirm actual size.
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Greig Cavey, and do not constitute property particulars. Please contact Greig Cavey for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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