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Large commercial property

Large shop on 0.41 acre site with planning permission for fourteen dwellings This large detached commercial property extends to 546 sq/m. Many years ago the property was a public house and it has traded as 'Choice', a well known curtain shop for nearly ten years. It is situated on a large corner plot on one of the main busy routes into the town. The property is presented in good condition and a newly tarmaced large car park offers ample off-road parking. The current owner-occupiers are retiring and the property will be sold with vacant possession. According to the valuation office website, the property has a rateable value of £35,000 with effect from 1st April 2017 and extends to 546sq/m.

Tenure

Freehold

Description

The ground floor retail area extends to nearly 6,000sq/ft and is split into easily identified retail areas. There is also a back room area with a staff room and w.c. The upper floors are used for storage, however potential exists to alter the area into flats with self-contained access. Outside: Large car park for around thirty-five cars

Planning

Outline planning permission was granted by Great Yarmouth Borough Council on 4th July 2017 for the erection of fourteen dwellings, associated works and demolition of all existing site buildings. Application no; 06/16/0695/O. There is a Community Infrastructure Levy of £300 per unit and there is no affordable housing as the planning permission is for less than fifteen units. Further information can be found on the public access website of Great Yarmouth Borough Council, www.great-yarmouth.gov.uk/planning. The scheme allows for thirteen three bedroom houses and one, two bedroom house, all with off-road parking.

Viewing

Open days

Energy Efficiency Rating (EPC)

Current Rating B

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

Lucas & Wyllys, 61/62 Bells Road, Gorleston, Great Yarmouth NR31 6AQ, Ref: Mr N Craske, Tel: (01493) 663124

Additional Fees

Administration Charge - 0.3% including VAT subject to a minimum of £840.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.