Two storey vacant mixed use property with redevelopment potential in need of refurbishment

This 102 sq/m property comprises a ground shop with one bedroom flat above. Previously let as a whole at £760 pcm (£9,120 pa) it is now to be sold with vacant possession. The ground floor was formerly two shops and is now arranged as one. There is potential to make the first floor self-contained residential accommodation as there is rear access via Stanley Road, subject to the necessary consents. The property is located less than two miles north of the town centre close to a range of services and amenities. An interesting project for a cash buyer investor or developer.

Ground Floor

Entrance hall, shop, room, kitchen, shower room with wc

First floor

Landing, sitting room, bedroom, bathroom, kitchen

Outside

Rear yard accessed via Stanley Street

Note

According to the valuation office website the ground floor shop has an area of 52.8 sq/m and a rateable value of £5,000 with effect from 1st April 2023.

Council Tax Band

165 = A

Viewings

Open viewings are arranged and the next are on Friday 17 March. To book an appointment please call the Norwich office.

Energy Efficiency Rating (EPC)

Current Rating G

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Great Yarmouth Borough Council

Solicitors

HKB Wiltshires (Great Yarmouth), Ref: Sarah Harris, Tel: 01493 855676

Offered in association with

East Commercial

Additional Fees

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.