3 bed Flat

Arnold Chartered Surveyors

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· Joined: Feb 21, 2011

£275,000

3 bed Flat

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Price:

£275,000 Get Prequalified Today

Contact:

01603 620551

BR/BA:

3 BR, 1 BA

Location:

Sheringham, Norfolk

Description:

IN THE SAME OWNERSHIP FOR ALMOST THIRTY YEARS AND NOW OFFERED FOR SALE DUE TO RETIREMENT, THE SMUGGLERS CAVE IS A LANDMARK PROPERTY CLOSE TO THE SEAFRONT AT SHERINGHAM IN AN EXCELLENT TRADING POSITION.ORIGINALLY FIVE FISHERMANS COTTAGES AND LATER USED AS A BED & BREAKFAST AND A LICENSED RESTAURANT THE PROPERTY IS CURRENTLY USED AS A RETAIL SHOP SELLING IMPORTED WOOD CARVINGS MAINLY, WITH A GOOD THREE BEDROOM FLAT OVER.

Description
IN THE SAME OWNERSHIP FOR ALMOST THIRTY YEARS AND NOW OFFERED FOR SALE DUE TO RETIREMENT, THE SMUGGLERS CAVE IS A LANDMARK PROPERTY CLOSE TO THE SEAFRONT AT SHERINGHAM IN AN EXCELLENT TRADING POSITION.

ORIGINALLY FIVE FISHERMANS COTTAGES AND LATER USED AS A BED & BREAKFAST AND A LICENSED RESTAURANT THE PROPERTY IS CURRENTLY USED AS A RETAIL SHOP SELLING IMPORTED WOOD CARVINGS MAINLY, WITH A GOOD THREE BEDROOM FLAT OVER.

Description

This is a property which has great charm and character, an excellent trading position and potential for alternative uses (subject to the necessary consents).
The owners are retiring, after almost thirty years ownership and there will be an opportunity for the business to be taken on, together with the existing stock, at the buyers option. It is the freehold of the property which is for sale, by auction, on Friday 26th September.

Accommodation

The property was originally five fishermans cottages but has been much improved and developed to provide extensive retail accommodation on the ground floor with ancillary storage and offices and on the first floor a central heated three bedroom flat, suitable either for owner occupation or perhaps letting to a third party.

The Accommodation Comprises

Main Shop 30'3' x 16' (13' minimum) 9.22m x 4.88m (3.96m minimum)

Shop Extension 17'6' x 10' 5.33m x 3.05m

With separate door from street.

Shop 16' x 15' 4.88m x 4.57m

Also with a door to street.

Shop 32' x 14' 9.75m x 4.27m

Side Entrance

Maile and Female Toilets

Stockroom 19'6' x 14' maximum 5.94m x 4.27m maximum

Office 16'6' x 13'7' maximum 5.03m x 4.14m maximum

Outside Workshop 16'6' x 8'2' 5.03m x 2.49m

First Floor Flat

Long Landing

Sitting Room 16'4' x 10'5' 4.98m x 3.18m

Shower Room

Kitchen / Breakfast Room 12'9' x 12' 3.89m x 3.66m

With a good breakfast area and well fitted kitchen units.

Laundry Room 7'4' x 7'1' 2.24m x 2.16m

Bathroom

Bedroom One 15' x 9'9' 4.57m x 2.97m

Bedroom Two 11' x 10' 3.35m x 3.05m

Bedroom Three 11' x 10' 3.35m x 3.05m

There is central heating to radiators throughout the accommodation. The owners have maintained all of the accommodation, both the business element and the flat, in good condition throughout.

NOTE

The owners intend to retire on the sale of the property. They are happy for the buyer to take on the business for an additional payment of tbc with stock (currently at value of tbc) to be taken at valuation, if required. The purchaser will have an option, to be exercised before the completion date (28 days after the auction) to take up these rights. Further information available from the auctioneers.

Business Rates

Please contact the agent for further information.

To the front is forecourt parking and an external store.

The property is situated on the seafront at the end of the High Street. Travelling down the High Street go to the very end turn right and park in the public car park where the property will be seen on the landward side.

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Property Type:

Condos, Townhouses & Apts for Sale

Amenities:

Storage

For sale by:

Agent/Broker

Phone:

01603 620551

Posted:

August 26 2011 on Facebook

Contact:

01603 620551