Norfolk Street, Lancaster, LA1

£100,000 Guide Price
  • Type: Terraced House
  • Availability: Sold STC
  • Bedrooms: 4
  • Reception Rooms: 1
  • Tenure: Freehold
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  • Floorplan
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Property Features

  • Sold By Modern Method Of Auction
  • Development Opportunity
  • Traditional Victorian End Terraced
  • Mains Gas, Electricity and Water/Sewage
  • Short Walk To Lancaster City Centre
  • Excellent Local Amenities

Property Summary

Sold By Modern Method Of Auction | Development Opportunity | Traditional Victorian End Terraced | Mains Gas, Electricity and Water | Short Walk to Lancaster City Centre | Excellent Local Amenities | 

Full Details

For Sale By Modern Method Of Auction with our partners 'I Am Sold'. Please contact our office for further details.

2 Norfolk Street:

A traditional Victorian end-terraced property which has been used as commercial premises for the last 30 years. Formerly a chemist and latterly as office space for an IT solutions company with ground floor retail space. 

Ground Floor - Entrance Hall with access to ground floor, upper floors and basement. Open plan retail area with bay window frontage. Back office. Storage area. Enclosed yard.

First Floor - Two large rooms currently as office space. W.C. Kitchen. 

Second Floor - Two large room currently as office space. 

Basement - Large room set up as meeting room. W.C.

Property Features:

Network points across all 4 floors approximately 16 in basement, 30 on shop floor, and 7 in each office. All points go back to a patch panel in the office in the middle floor. There is at least one double socket for each network point. 

CCTV cameras across the inside and outside - This will need reconnecting to a camera server to work.  

The alarm system has been maintained annually and is monitored by the security company. 

There is also a fire alarm across the three main floors (not the basement). 

There are security bars on the ground floor windows and electronically controlled shutters covering bay window and main entrance doors.

Central heating throughout including the basement. 

Mains Gas, Electricity and Water 

 

Development Opportunity:

The property offers great potential and could be developed in a number of ways with the appropriate permissions including:

Splitting into ground floor commercial and upper floors maisonette.

Two residential flats/maisonettes.

Single residential dwelling. - Possible 4 bedroom house.

Rateable Value: £3150 - Gross Charge £1309.87

EPC Rating: D93

Auctioneers Comments:

This property is for sale by the Modern Method of Auction with our partners 'I Am Sold', meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.20% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

EPC rating: D. Council tax band: X, Tenure: Freehold,