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Lot 31 Sold Prior

Auction: Thursday 27th October 2016

5/6 Castle Meadow & 13 Back of The Inns, Norwich, Norfolk NR1 3PY

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Lot 31

6 Week completion

SITUATION

Located in this prime pedestrianised City centre position, with frontages facing both the Royal Arcade and the Castle, amongst such multiples as Jamie's Italian, Bill's Restaurant, O2, Cath Kidston, Primark, Greggs, Tiger and many others as well as being close to the entrance of the Castle Mall Shopping Centre.
Norwich is an attractive City and vibrant commercial centre which lies some 19 miles west of Great Yarmouth and 45 miles north of Ipswich and enjoys good road links via the A11 and M11.

PROPERTY

A prominent corner building (locally listed) with substantial window frontage arranged as follows:
No. 5/6 Castle Meadow comprises a Deep Ground Floor Double Shop Unit partly running above No. 13 Back of The Inns (Castle Fine Art) with internal and separate front entrance to a Hairdresser Training Academy on mezzanine, first and second floor levels.

No. 13 Back of The Inns comprises a Deep Ground Floor Shop with Basement (trap door access).

Enquire about this lot:

Photo of JONATHAN ROSS

Jonathan Ross
020 8492 9449
jross@barnettross.co.uk

Photo of JOHN BARNETT

John Barnett
020 8492 9449
jbarnett@barnettross.co.uk

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.