Sold Prior | Lot 86

14C & 14D St George Street & 2 Broad Row, Great Yarmouth, Norfolk NR30 1HR

Sold Prior

  • Mixed Use
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 14/06/2023

Auction Time

11:00

Auction Venue

Livestream Auction

Freehold mixed use premises in retail area of Great Yarmouth. Vacant shop, one bedroom ground floor flat and two bedroom first floor flat. Potential yield fully let £17,205 pa.

Freehold mixed use premises located in retail area of Great Yarmouth. The freehold incorporates three flats (one sold on as a leasehold). The two remaining are a one bedroom ground floor flat and a two bedroom first floor flat, both are in good order and producing an income of £11,205 pa. The shop is about to become vacant and has been producing £6,000 pa giving a total yield fully occupied of £17,205 pa.

Tenure

Freehold

Flat C

Communal hall, hall, open plan kitchen living room, bedroom, bathroom

Flat D

Communal hall, stairs to first floor, hall, open plan kitchen living room, two bedrooms, bathroom

Shop

Large open space with rear store room, kitchen and toilet

Energy Efficiency Rating (EPC)

Current Rating Flat C = D Flat D = E Shop TBC

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

Norton Peskett (Great Yarmouth), Ref: Matthew Breeze, Tel: 01493 849225

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - £960 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.