Property Information
Address:
King Street, Great Yarmouth
Price: Buy: POA
Size: SOA
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH435666
Property Ref/Agent: 100992000496
*Please use the agent ref when calling the agent directly.
Property description
LOCATION
Great Yarmouth is situated on the Norfolk coast, approximately 20 miles east of Norwich and eight miles north of Lowestoft.
The property is well located within Great Yarmouth town centre just off the prime Market Place retail area and the intersection of King Street/Regent Road/Regent Street. Nearby are Victoria Arcade and Market Gates Shopping Centre.
To the rear of the building is a substantial pay and display car park (200 spaces.)
DESCRIPTION
A mixed use investment property located on King Street, in Great Yarmouth's Town Centre.
The ground floor shop unit is let to the Salvation army, who have recently undergone a full refurbishment of the premises. They occupy the property on a full repairing and insuring lease at a rent of 15,000 per annum.
The first floor currently provides self contained office accommodation, with WC and kitchenette facilities. However, planning permission has recently been granted for a residential flat (ref no. 06/16/0378/F)
VAT
VAT will not be applicable to this transaction.
LEGAL COSTS
Each party is to be responsible for their own costs incurred in the transaction.
OTHER
TENURE
Freehold available at an asking price of 320,000.
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