61 Manor Rd 2,158 SF Retail Building Dersingham PE31 6LH £400,000 (£185.36/SF)



INVESTMENT HIGHLIGHTS
- Extensive car parking
- Natural Light
- Potential for redevelop
- Outside Seating
EXECUTIVE SUMMARY
An attractive commercial premises with spacious 4 bedroom flat above, being situated in a sought after location with potential to re-development (STPP) and extensive car parking. The property was built circa 1910 of brick and carrstone walls under a slate roof with the flat (Flat at 61) being installed with oil central heating and double glazing. The commercial premises is currently let as a tea room (£14,196 per annum) with the lease expiring in October 2024. The flat is let on a periodic tenancy (£9,900 per annum) The property has re-development potential to convert the first floor flat into 2 flats and the ground floor commercial area into 2 further flats, (subject to planning permission and any relevant consents) . The commercial premises comprises 2 large display windows, tea room/shop area, kitchen, rear lobby and cloakroom. The spacious flat has a ground floor entrance hall, staircase leading to a spacious first floor landing, sitting room with period fireplace and paddock views, kitchen/dining room with views towards Dersingham Recreational Field and access to a balcony, 4 bedrooms and a bathroom. Outside, the property has ample car parking.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,158 SF
Year Built
1910
Price
£400,000
Price Per SF
£185.36
Tenancy
Single
Number of Floors
2
Building FAR
0.07
Lot Size
0.70 AC
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