Brown&Co March17 Property Auction Catalogue

LOT 11 ........ ........

17 Red Lion Street, Aylsham, Norwich, Norfolk NR11 6ER Guide Price 150,000 - 175,000*

MIXED RESIDENTIAL AND COMMERCIAL INVESTMENT

General: Grade II Listed mixed residential and commercial investment opportunity which comprises a ground floor shop and three self-contained flats. One of the flats is on the ground floor and two are on the first floor. There is a small cellar too. The shop and one flat (first floor at the front) are let at £350 per calendar month each, giving an income of £8,400 per annum with potential to let the other two units to provide further income. Improvement and updating to all units is now required. The shop has a sales/display area, changing rooms, a store room in the entrance lobby and a WC which is on the first floor landing. The ground floor flat has a sitting room, utility room, kitchen, bathroom, garden room and two/three bedrooms and incorporates the annexe at the rear. The first floor flat to the front has a private entrance hall, sitting room, two bedrooms, kitchen and bathroom. The first floor flat to the rear has a sitting room, bedroom with shower cubicle, lobby, WC and kitchen. Outside, there is a courtyard garden which is for the use of the ground floor flat.

Location: Aylsham is a popular and thriving market town with many amenities and lies approximately 12 miles north of Norwich and within easy reach of the North Norfolk coast. Directions: Head into Aylsham along the Norwich Road, passing Tesco supermarket and then turn right into Red Lion Street. No. 17 will be found after a short distance on the left hand side. Viewing: Our representative will be at the property on Wednesdays and Fridays between 10.45am and 11.30am, commencing on Friday 24th February and ending on Friday 24th March.

Solicitors: Spire Solicitors LLP (Attn Mr Tom Henderson), Holland Court, The Close, Norwich, NR1 4DY. Tel 01603 677077

*Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures at which a property will sell and may change at any time prior to the auction. Each property will be offered subject to a reserve price (a figure below which the Auctioneer cannot sell the property during the auction) which will be set within the quoted guide range or no more than 10% above a single figure guide.

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