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St Nicholas Court, North Walsham
Guide price £140,000, 1 bedroom

SSTC

Key features

  • Commercial Unit with Flat Above
  • Central Position just off Market Place
  • Flat in Need of Modernising
  • Two Parking Spaces
  • Shop Unit Currently let to C.A.B
  • Flat currently Unoccupied

Property Description

Commercial shop/office unit with one bedroom flat above, flat requires some modernisation, central town position just off the Market Place and adjacent to church Yard, two parking spaces, no chain.

An opportunity to acquire a mixed use building situated just off the Market Place and adjacent to the Church Yard, comprising a ground floor shop/office space and a self contained one bedroom flat.



The commercial space on the ground floor is currently let to the local Citizens Advice Bureau, generating £333.33 per calendar month, and is in good order having been updated in recent years.



The flat above comprises an open plan living room and kitchen, one double bedroom and a bathroom. There is currently no heating provided and it would benefit from general modernisation throughout. The flat was, until recently, let on an assured shorthold tenancy generating £400 per calendar month. However, once improved we would expect it to achieve a figure nearer to £500 per calendar month.



The property has two parking spaces directly to the rear and is offered for sale with no onward chain. Offers are invited.

LOCATION North Walsham is a thriving North Norfolk market town offering a range of shopping facilities including a large Sainsbury's store, Waitrose, Lidl, all levels of schools including sixth form college, doctors' surgeries, restaurants and leisure facilities including the Victory swimming & fitness centre. The town also has a railway station providing regular services on the Norwich to Sheringham line. The sandy beaches of the North East Norfolk coast are about six miles from the town, the Norfolk Broads are about twelve miles to the south and the city of Norwich is approximately 17 miles distant.

ACCOMMODATION The rear entrance door opens into a stairwell with built-in under-stairs storage cupboard and staircase leading up to the ground floor.

From the stairwell there is a second staircase leading up to the first floor and door leading to the rear of the commercial area.



This comprises the customer facing space at the front with a large window, and two smaller office spaces measuring 10'6 x 9'1 and 8'9 x 7'11 respectively.

On the first floor there is a small WC with wash hand basin accessed from the stairwell, along with a built-in storage cupboard.



A door opens into the self contained flat, which incorporates a 17'3 x 17' open plan living room/kitchen, a double bedroom and bathroom. There is also a built-in storage cupboard accessed from the hallway. The overall area of the flat is approximately 570 square foot (53 square metres).

OUTSIDE There are two parking spaces located within the parking area at the rear of the building.

"Many thanks to all the team for my recent house sale. Also a big thank you to Nicola on the management of my property and making the whole process of letting so painless"
Mrs G