Withdrawn Prior
- Mixed Use
- 7 Bedrooms
- Tenure: Freehold
Call the team on 01603 505 100 for more information
Mixed use investment with a potential income of over £40,000 p.a.
Mixed use investment with a potential income of over £40,00pa This is a prominent and distinctive town centre four storey retail/office/residential property. It comprises of two let ground floor shops, first floor vacant offices with lapsed planning permission for conversion into two flats, 1 let flat and 2 vacant flats. The current income is around £22,000pa
Tenure
Freehold
27 Hall Plain
This ground floor retail unit trades as the Money Shop and is let at £8,000pa on a ten year lease dated 25th April 2008 to Instant Cash Loans Limited. On the first floor there are vacant offices which are on the market to rent at £9,000pa. There is lapsed planning permission to convert the offices into two self contained flats. Application reference: 06/07/0987/F which can be found on the Great Yarmouth Borough Council website, www.great-yarmouth.gov.uk/planning.
22 Regent Street
This is let to the RSPCA at £6,750pa on a three year lease dated 25th July 2013, which is holding over.
Flats
Flat 3 (2nd Floor): Vacant - previously let at £500pcm (£6,000pa). Accommodation comprises: Entrance hall, lounge/kitchen, two bedrooms, bathroom. Flat 4 (2nd Floor): Let on a six month Assured Shorthold tenancy dated 24th June 2014 at £600pcm (£7,200pa). Accommodation comprises: Entrance hall, lounge/kitchen, two bedrooms, bathroom. Flat 5 (3rd Floor): Vacant - previously let at £500pcm (£6,000pa). Accommodation comprises: Entrance hall, lounge, kitchen, two bedrooms, bathroom.
Viewing
Please call the Auctioneers - 01603 505100
Energy Efficiency Rating (EPC)
Current Rating 27 Hall Plain - F 1st Floor Offices - D 22 Regent Street - E Flat 3 - D Flat 4 - C Flat 5 - E
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. Tel: 01493 856100
Solicitors
Norton Legal, Unit 8 Beech Avenue, Taverham, Norwich, Norfolk NR8 6HW, Ref: Tracy Guest, Tel: (01603) 864331
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
Administration Charge - 0.3% including VAT subject to a minimum of £720.00 including VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
