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Withdrawn Prior
Sold
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Sold Post
The property comprises a high yielding retail investment let to a prominent local charity.
Arranged across ground, first and second floors, the ground floor comprises retail accommodation and associated storage and is let to The Big C Appeal Limited for a term of 10 years and paying a rent of £10,500 per annum.
The upper parts are sold off on a long leasehold basis producing a total aggregate ground rent of £250 per annum.
The Big C Appeal is a leading Norfolk based charity with 11 stores in the surrounding area.
Dereham is an established market town on the outskirts of Norwich. The property sits opposite the junction of the High St and Norwich St and forms part of the towns principal retail amenity.
Tenure
Freehold
Tenancy
The ground floor is let to The Big C Appeal Limited, a leading Norfolk based cancer charity with 11 stores. The lease has recently been extended for a term of 10 years paying a rent of £10,500 per annum.
The lease is on full repairing and insuring terms and is outside of the Security of Tenure provisions of the Landlord and Tenant 1954 Act.
The upper parts are sold off on a long leasehold basis and produce a total aggregate annual rent of £250 per annum.
Rent