Substantial two storey building converted into offices and four self contained apartments. An excellent investment opportunity.

There are currently four residential apartments producing a combined income of £30,900 pa, in addition work has commenced to form a range of offices which, once completed, and let, could produce a further income in the region of £20,000 pa. Recent improvements include double glazing with 10 year guarantee and electric heating. The property is located close to the new river crossing therefore convenient to a wide range of commercial and employment areas. There is likely to be a high demand for the accommodation once completed. Great Yarmouth which is located at the mouth of the River Yare is a thriving Seaside town and industrial centre.

Tenure

Freehold

Ground Floor

Three office suites (part converted), two bedroom flat with large open plan lounge/kitchen, bathroom.

First Floor

Landing: office and store room. Flat 1 Hall, lounge, kitchen, bedroom, bathroom. Flat 2: Hall, lounge/kitchen, two bedrooms (one en-suite), bathroom. Flat 3: lounge, kitchen, bedroom, bathroom.

Council Tax

A

Viewings

Open viewings can be arranged. To book an appointment please call the Norwich office on 01603 505100

Energy Efficiency Rating (EPC)

Current Rating Flat 1 = C Flat 2 = D Flat 3 = D

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

England and Co (Gorleston), Ref: Chelsea Matthews, Tel: 01493 604990

Additional Fees

Buyer's Premium - £600 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.