House For Sale £285,000
Magdalen Road, Norwich NR3

Located just North of Norwich City centre this successful investment property is currently split into a taxi business on the ground floor and a one bedroom flat on the first floor, both successfully let out separately with a rental return of £20,400 per annum. The taxi company pays £1000 + VAT per calendar month and the flat pays £700 per calendar month making it a 7% return on the investment. The flat has recently agreed a new AST and this is also the case for the taxi business.

For viewings and further information please contact Pymm & Co.

Agents Note: The taxi part of the property is VAT registered and VAT is paid on the rent and would therefore need to be paid on the taxi portion of the purchase.

Notice
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose. Pymm & Co cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.