Former Barclays Bank 45 Market Street Wymondham Norfolk NR18 0AL

  • Former Barclays Bank<br>45 Market Street<br>Wymondham<br>Norfolk<br>NR18 0AL

Former Barclays Bank
45 Market Street
Wymondham
Norfolk
NR18 0AL

Freehold Former Bank with Development Opportunity

  • Substantial former bank comprising approximately 4,169 sq ft
  • Includes large customer car park at rear for 14 cars
  • Change of use and redevelopment potential (subject to consents) - Certificate of Lawful Use dated May 2023 for Change of Use to Restaurant of Coffee Shop
  • VAT-free investment
  • Prominent town centre location
  • Nearby occupiers include Co-operative Convenience Store, Lloyds & Natwest Banks, Domino's, Specsavers, Savers and a mix of local retailers and restaurants
  • Lot
    25
  • Auction
    9th July 2024
  • Vacant Possession
  • Status
    Sold
  • Price
    £400,000
  • Auction Venue
    Live Streamed Auction
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Freehold Former Bank with Development Opportunity

  • Substantial former bank comprising approximately 4,169 sq ft
  • Includes large customer car park at rear for 14 cars
  • Change of use and redevelopment potential (subject to consents) - Certificate of Lawful Use dated May 2023 for Change of Use to Restaurant of Coffee Shop
  • VAT-free investment
  • Prominent town centre location
  • Nearby occupiers include Co-operative Convenience Store, Lloyds & Natwest Banks, Domino's, Specsavers, Savers and a mix of local retailers and restaurants
  • Lot 25
  • Auction 9th July 2024
  • Vacant Possession
  • Status Sold
  • Price £400,000
  • Sector
    Development
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
10 miles south-west of Norwich, 30 miles west of Great Yarmouth and 40 miles north of Ipswich
Roads
A11, A47, A1075
Rail
Wymondham Abbey Railway Station
Airport
Norwich airport
Situation

The property is prominently situated in the heart of the town centre, on the north side of the busy Market Street. Nearby occupiers include Co-operative Convenience Store, Lloyds & Natwest Banks, Domino's, Specsavers, Savers and a mix of local retailers and restaurants.

Tenure

Freehold.

Location
Miles
10 miles south-west of Norwich, 30 miles west of Great Yarmouth and 40 miles north of Ipswich
Roads
A11, A47, A1075
Rail
Wymondham Abbey Railway Station
Airport
Norwich airport
Situation

The property is prominently situated in the heart of the town centre, on the north side of the busy Market Street. Nearby occupiers include Co-operative Convenience Store, Lloyds & Natwest Banks, Domino's, Specsavers, Savers and a mix of local retailers and restaurants.

Tenure

Freehold.

Description

The property comprises a substantial former bank, with a banking hall arranged on the ground floor and ancillary accommodation arranged on basement and first floors. The property benefits from approximately 14 car parking spaces to the rear.

VAT

VAT is not applicable to this lot.

Planning

Please note that a decision notice was granted on 26/05/2023 for a Certificate of Lawful Use for a change of use to a Restaurant/Coffee Shop - please see legal pack (South Norfolk Council, Reference: 2023/0490) (t: 01508 533633 w: www.southnorfolkandbroadland.gov.uk)

Completion Period

Six Week Completion

EPC

Band C

Description

The property comprises a substantial former bank, with a banking hall arranged on the ground floor and ancillary accommodation arranged on basement and first floors. The property benefits from approximately 14 car parking spaces to the rear.

VAT

VAT is not applicable to this lot.

Planning

Please note that a decision notice was granted on 26/05/2023 for a Certificate of Lawful Use for a change of use to a Restaurant/Coffee Shop - please see legal pack (South Norfolk Council, Reference: 2023/0490) (t: 01508 533633 w: www.southnorfolkandbroadland.gov.uk)

Completion Period

Six Week Completion

EPC

Band C

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Possession
Ground
Basement
First
Banking Hall
Ancillary
Office/ Ancillary
199.64
34.00
153.66
(2,149)
(366)
(1,654)
VACANT
Total -
356.30
(4,169)
 

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Associate Auctioneers
Kevin Taylor and Associates 12 Upper King Street
Norwich
NR3 1HA
Kevin Taylor 01603 622 334 07870 948 444kevintaylorassociates@outlook.com
Seller's Solicitors
Druces LLP Salisbury House, London Wall
London
EC2M 5PS
Karen Chapman 020 7638 9271k.chapman@druces.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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