Vacant Grade II listed freehold three storey town centre property

This mid terraced building comprises a vacant ground floor retail unit with two bedroom living accommodation above. The shop has large double display windows and was previously a sweet shop. The flat is accessed from within the shop and the total building area is around 1,494 sq/ft. We are also selling the adjacent building to the right no 12. According to the valuation office website the ground floor shop has an area of 34.5 sq/m and a rateable value of £3,200 with effect from 1st April 2023.

Tenure

Freehold

Ground floor

two cellar rooms on lower ground floor, retail area and kitchenette

First floor

Lounge, kitchenette, wc

Second floor

Two bedrooms, bathroom

Location

The property is located to the North side of Regent Street, a busy road which links Market Place / King Street to Hall Quay / Town Hall. Regent Street is characterised by a variety of retail, salon, coffee shop, estate agents and professional office uses.Great Yarmouth has a residential population of 93,400 and a population of 205,000 within half an hour travelling time. The town is the third largest UK seaside destination and it also adjoins the well known Norfolk Broads National Park. Great Yarmouth is a major employment area with a strong manufacturing and warehousing base and a busy seaport with deep water outer harbour serving the offshore oil and gas industry.The area has been enhanced in recent years by a steady programme of road improvements which have provided a vastly improved road link to London, the industrial centres of the Midlands and the North. A new deep water outer harbour is now completed and a third river crossing is currently under construction.

Viewings

Open viewings have been arranged for Friday 29 September. Please call the Norwich office to book an appointment.

Energy Efficiency Rating (EPC)

Current Rating 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

Barker Gotelee, Ref: Oliver Ray, Tel: 01473 350586

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.