Detached house for sale in 10A Theatre Street, Dereham, Norfolk NR19

For sale by auction on Wednesday, 01 May 2024 at 11:00

Venue: Livestream Auction

Detached commercial property with lapsed planning permission to convert into a residential dwelling

This detached single storey commercial property extends to around 29 sq/m. It has been used as a hairdressers for many years and trades as Spot Lights hairdresser with a rent of £600 pcm (£7,200 pa), however will be sold with vacant possession.

It is located in a mainly residential area conveniently located just north of the town centre,
and has lapsed prior approval to turn it into a residential dwelling.

The property is in good decorative order, has electric heating and is mostly double glazed.

An ideal purchase for a builder / investor.

Ratable Value
According to the Valuation Office website, the hairdressing salon and premises has an area of 29.5 sq/m square metres and a rateable value of £2,750 with effect from the 1st April 2023. No rates are payable.

Planning
Prior approval was granted by Breckland District Council on 21st May 2018 for

change of use to one dwelling (permitted development). Application number 3PN/2018/0011/uc. Further details and plans can be found on the public access website of Breckland District Council .

Ground floor
Main room, kitchen, wc, store room

Outside
Small area at the front

Viewings
Open viewings are arranged in conjunction with the tenant, and the next are on Thursday 4 April. To book an appointment please call the Norwich office

EPC Rating: C

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.