Property photos
Freehold
£215,000
1 bed maisonette for sale
Oak Street, Fakenham NR211 bed
1 bath
7 receptions
Key Information
Tenure:
Freehold
Council tax band:
A
Local area information
Property location
Nearby amenities
- Fakenham Junior School 0.2 miles
- Fakenham Infant & Nursery School 0.6 miles
- King's Lynn Ferry Landing 19.7 miles
- West Lynn Ferry Landing 19.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Investment Opportunity
- Mixed Residential & Commercial
- Café & Maisonette
- Covered Terrace
- Grade II Listed
- Town Centre Location
A mixed residential and commercial investment property in the heart of the town. The Grade II Listed building comprising Taylor’s Café at ground, lower ground & first floor levels, with a covered terrace at the rear, and a maisonette to the upper floors. The premises are let separately to tenants providing total income of £18,940 per annum.
Summary:
A mixed residential and commercial investment property in the heart of the town. The Grade II Listed building comprising Taylor's Café at ground, lower ground & first floor levels, with a covered terrace at the rear, and a maisonette to the upper floors. The premises are let separately to tenants providing total income of £18,940 per annum.
Accommodation:
taylor's:
ground floor:
Stepped access from the pavement to;
main seating area/servery: 22' 9" x 21' 6" (6.93m x 6.55m) maximums
Stairs to first & lower ground floors and door to;
kitchen: 12' 7" x 11' 2" (3.84m x 3.4m)
lower ground floor:
"lounge": 14' 10" x 13' 4" (4.52m x 4.06m)
"snug": 7' 9" x 7' (2.36m x 2.13m)
corner area: 6' 9" x 6' (2.06m x 1.83m)
2 public W.C.'S:
Steps up to;
rear lobby:
Door to covered terrace.
Rear seating area: 14' 3" x 8' 9" (4.34m x 2.67m) maximums
first floor landing:
Landing with door to flat (locked).
Seating area: 13' x 12' (3.96m x 3.66m)
the maisonette:
External rear staircase to;
first floor:
entrance hall:
Door to Taylor's landing (locked) and staircase to second floor or maisonette.
Kitchen/breakfast room: 13' 1" x 11' 3" (3.99m x 3.43m)
bathroom: 9' 6" x 5' 6" (2.9m x 1.68m)
sitting room: 13' 1" x 10' 3" (3.99m x 3.12m)
second floor:
bedroom (in 2 parts):
13'6" x 9'4" (4.11m x 2.84m) max & 13'7" x 11' (4.14m x 3.35m)
outside:
Pedestrian access from Oak Street, at the side of No.7 serves the covered terrace for Taylor's and staircase access to the maisonette.
Services:
The is one supply of all mains services to the building, each sub-metered to the maisonette.
District council: North Norfolk. Taylor's has a current Rateable Value of £8,400.
The Maisonette is assessed for council tax in band A.
Tenure: The property is held freehold, subject to the existing lettings:
Taylor's - A lease for a term of 6 years with effect from 03/05/2024 at a rent of £13,000 p.a., with a rent review (linked to rpi) at 03/05/2027. The lease is drawn on effectively fully repairing and insuring terms, subject to the service charge being capped at 10% of the passing rent in any year.
The Maisonette - An Assured Shorthold Tenancy for 1 year, commencing 28/05/2019 at a rent of £495 p.c.m., without subsequent review.
Viewing:
By appointment through the Sole Agents,
Spalding & Co.,
Office Opening Hours:
Monday - Friday: 9:00 a.m. - 5:00 p.m.
Saturday: 9:30 a.m. - 12:30 p.m.
Summary:
A mixed residential and commercial investment property in the heart of the town. The Grade II Listed building comprising Taylor's Café at ground, lower ground & first floor levels, with a covered terrace at the rear, and a maisonette to the upper floors. The premises are let separately to tenants providing total income of £18,940 per annum.
Accommodation:
taylor's:
ground floor:
Stepped access from the pavement to;
main seating area/servery: 22' 9" x 21' 6" (6.93m x 6.55m) maximums
Stairs to first & lower ground floors and door to;
kitchen: 12' 7" x 11' 2" (3.84m x 3.4m)
lower ground floor:
"lounge": 14' 10" x 13' 4" (4.52m x 4.06m)
"snug": 7' 9" x 7' (2.36m x 2.13m)
corner area: 6' 9" x 6' (2.06m x 1.83m)
2 public W.C.'S:
Steps up to;
rear lobby:
Door to covered terrace.
Rear seating area: 14' 3" x 8' 9" (4.34m x 2.67m) maximums
first floor landing:
Landing with door to flat (locked).
Seating area: 13' x 12' (3.96m x 3.66m)
the maisonette:
External rear staircase to;
first floor:
entrance hall:
Door to Taylor's landing (locked) and staircase to second floor or maisonette.
Kitchen/breakfast room: 13' 1" x 11' 3" (3.99m x 3.43m)
bathroom: 9' 6" x 5' 6" (2.9m x 1.68m)
sitting room: 13' 1" x 10' 3" (3.99m x 3.12m)
second floor:
bedroom (in 2 parts):
13'6" x 9'4" (4.11m x 2.84m) max & 13'7" x 11' (4.14m x 3.35m)
outside:
Pedestrian access from Oak Street, at the side of No.7 serves the covered terrace for Taylor's and staircase access to the maisonette.
Services:
The is one supply of all mains services to the building, each sub-metered to the maisonette.
District council: North Norfolk. Taylor's has a current Rateable Value of £8,400.
The Maisonette is assessed for council tax in band A.
Tenure: The property is held freehold, subject to the existing lettings:
Taylor's - A lease for a term of 6 years with effect from 03/05/2024 at a rent of £13,000 p.a., with a rent review (linked to rpi) at 03/05/2027. The lease is drawn on effectively fully repairing and insuring terms, subject to the service charge being capped at 10% of the passing rent in any year.
The Maisonette - An Assured Shorthold Tenancy for 1 year, commencing 28/05/2019 at a rent of £495 p.c.m., without subsequent review.
Viewing:
By appointment through the Sole Agents,
Spalding & Co.,
Office Opening Hours:
Monday - Friday: 9:00 a.m. - 5:00 p.m.
Saturday: 9:30 a.m. - 12:30 p.m.
Floor plans and tours
Floor plans (1)
Tours
No virtual tour available
More information
Listed by
Spalding & Co
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