4 bed town house for sale

Market Place, Swaffham PE37

Chester House has been under the same ownership since 1971 and has evolved over the years, providing a viable investment for the current owners. The property comprises a commercial premises to the ground floor (with the current occupiers holding over on a lease dated 01/03/2019 at an initial rent of £8,250 per annum) and four self-contained residential apartments above (presently vacant). This mixed-use building presents an attractive opportunity and is being offered to the market with no onward chain.

Summary:
Chester House has been under the same ownership since 1971 and has evolved over the years, providing a viable investment for the current owners. The property comprises a commercial premises to the ground floor (with the current occupiers holding over on a lease dated 01/03/2019 at an initial rent of £8,250 per annum) and four self-contained residential apartments above (presently vacant). This mixed-use building presents an attractive opportunity and is being offered to the market with no onward chain.

Ground floor:
The ground floor accommodation is let to an accountancy firm, with accommodation comprising a entrance hall (shared with the residential accommodation above), a reception area, an internal hallway providing access to a kitchen and three offices, together with three W.C.'s

first floor:
The first floor accommodates three apartments, including two studio units and one 1 bedroom apartment, all of which vary in size and layout. Further details can be found on the accompanying floorplan.

Second floor:
The second floor accommodates the fourth and largest apartment.

Outside:
The property benefits from off-street parking to the front forecourt (2 spaces are allocated to the commercial lease) and a rear courtyard area (to be defined).

Chester House represents an ideal acquisition for investors seeking a well-established mixed-use property with strong income potential and long-term yield prospects.

Services:
All mains services are connected to the property.

The heating is split:
Flat 1,2,3 - storage heating
Flat 4 - wall mounted gas fires x2
Ground Floor Office - wall mounted gas fires.

District council: Breckland.
Council Tax Band:
Flat 1 - 4 - Each Band A

Ground Floor Office - Uniform Business Rates, at a Rateable Value of £7,800, subject to Small Business Relief (where applicable).

Location:
Location
Swaffham is a well-regarded historic market town, set in the heart of Norfolk and offering an excellent balance of character, convenience and community. The town centre provides a good range of independent shops, cafés, pubs and supermarkets, along with a weekly market that has been a local tradition for centuries.

The town benefits from a strong selection of amenities including primary and secondary schools, a leisure centre, doctors' surgeries and a popular cinema, making it a practical and appealing choice for families and professionals alike. Swaffham also enjoys good road links via the A47, providing easy access to King's Lynn and Norwich.

Surrounded by attractive countryside, Swaffham is ideally placed for those who enjoy outdoor pursuits, with nearby walking/cycling routes and access to Thetford Forest. This combination of rural charm and everyday convenience makes Swaffham a consistently sought-after location to live.

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.