Business for Sale in Wymondham, Norfolk Freehold Commercial Property with 1 Bedroom Flat

Key Information

Reference

J35448EFH

Tenure

Freehold

Status

For Sale

Region

Norfolk

Sector

Investment Properties

Accommodation

1 Bedroom Flat above the Shop currently let at £775 pcm.

Business Information

EMF are delighted to present for sale this stunning period building that offers both a retail shop and one bedroom flat in the heart of Wymondham, Norfolk.

Wymondham is a charming market town that boasts a rich history, vibrant community and a range of local amenities. It is conveniently located just a few miles south of Norwich City, the cultural and economic hub of the region. Whether you want to enjoy the scenic countryside, the historic landmarks or the lively events, Wymondham has something for everyone.

The property is situated on the main road leading to Market Square, which attracts visitors and locals alike with its weekly market, independent shops and cafes. The property has a prominent position with large double windows that offer great visibility and natural light into the retail unit. The shop features high ceilings, original timber flooring, fireplace and ample storage space, while also benefiting from having one parking space at the rear of the building.

The flat above the shop is accessed via a communal hallway entrance with its own separate entrance and it has its own parking space as well. It comprises an open-plan living room, a kitchen, small washroom, a bedroom and a bathroom. The flat is cosy and comfortable, with period features and modern fittings, and is currently let out on a short-term tenancy generating a rental income of £775 per calendar month.

This is a rare chance to acquire a freehold property that combines commercial and residential potential in a desirable location – please get in touch if you would like to arrange a viewing at your earliest convenience.

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HIGHLIGHTS:

Prime Location: Wymondham, just a short drive from Norwich City Centre, boasts a vibrant atmosphere and is a sought-after destination for both residents and visitors.

Convenient Parking: Customers will appreciate the nearby short stay parking, making it easy for them to access the retail shop. Additionally, two parking spaces are included with the property, ensuring convenience for both the shop and the flat above.

Character and Charm: The ground-floor retail space exudes character, featuring large double windows that flood the area with natural light. Period details like high ceilings with intricate cornicing, original timber flooring, and a classic fireplace add a touch of elegance.

Ready to Operate: The retail area is meticulously fitted out and meticulously maintained, allowing you to start your business immediately without additional investment.

Spacious Layout: The main retail space at the front measures 5.64m x 4.72m and is complemented by an additional retail area at the rear providing further useable space.

Convenience and Versatility: A hallway behind the counter leads to a staff kitchenette and a restroom. An extra door off the main retail space leads to a lobby with an external entrance to the parking area. Plus, there's a bonus basement room, perfect for extra storage or use as an office.

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ADDITIONAL INFORMATION

AGENTS NOTE: This listing offers the sale of the freehold premises only. The business for sale as a going concern with the freehold or leasehold interest is also available and listed separately.

REFERENCE NUMBER: J35448EFH.

TENURE: Freehold.

RATES PAYABLE: Nil. We are advised that the business benefits from Small Business Rate Relief.

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

EPC: The commercial premises shows a rating of 'D/76' and the one bedroom flat a rating of 'E/49'. Full Energy Performance Certificates are available on request.

PRICE: £385,000 for the freehold premises (ground floor retail shop and 1 bedroom flat above).

VIEWING: Strictly by appointment only, please get in touch to make an appointment.

FINANCE: We may be able to help you with business financing or your commercial mortgage needs, subject to eligibility. Please let us know if you need our assistance with this and we will put you in touch with our recommended whole of market broker.

BUSINESS TO SELL: Thinking of selling your business? That's our business!

If you are interested in finding out how much your business is worth, we offer a free and confidential valuation service. You can choose the time and day that suits you best, and we will give you an honest and professional assessment. Please contact our office at your convenience to book an appointment.

PREMIER MARKETING: We are passionate about showcasing our businesses in a way that sets us apart from others. We provide quality property details and comprehensive information on all online platforms and our own website. If you want your business to stand out from the crowd, call us to book a free valuation.

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DISCLAIMER

1. Money Laundering Regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets, flooring or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.