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1, 3A, and 3b Wellington Road... Mixed use for sale
1, 3A, and 3b Wellington Road, Dereham, Norfolk NR19 2BP
£285,000
1, 3A, and 3b Wellington Road, Dereham, Norfolk NR19 2BP
£285,000
Our Summary
- FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 30TH JULY 2025 AT 10:00AM
- Freehold investment opportunity in town centre location - three maisonettes and three shops producing (all let) £32,760 pa
- This Three storey terrace of shops and maisonettes is located at the heart of the busy market town and offers excellent investment opportunity
- Should your lender be unable to proceed post-auction, you risk losing your deposit and incurring significant costs
- To ensure you are fully prepared, contact our team today to discuss auction finance options and secure funding before bidding
- For sale by livestream auction
- Freehold investment opportunity in town centre location
Description
This freehold investment property is a three-storey terrace of shops and maisonettes located in the heart of Dereham, a busy market town. The property is fully let, producing a total annual income of £32,760, with three shops generating £13,800 and three maisonettes generating £18,960. The shops and maisonettes are situated just a few steps from the market place and offer a prominent position. The property is available for sale by livestream auction on July 30th, 2025, and interested buyers must register for legal packs and bidding instructions on the auctioneer's website. The property requires a mortgage or loan, and buyers are advised to have their finance fully approved prior to bidding. The property is rated EPC 1a (F), 3c (F), and 3d (E), and the buyer will be responsible for an administration fee, buyer's premium fee, and any disbursements listed in the legal pack.