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.