A mixed use town centre property part let - ideal for investment
This town centre premises comprises of two shops one with live in accommodation and the other with a spacious first floor suite of rooms which also could provide living accommodation as consent has been granted for subdivision into a self contained flat. One of the units is currently let producing £6,000 pa and the other shop and ground floor living accommodation was also recently let for £6,000 pa although is now vacant. Once fully converted the property could potentially deliver an income in the region of £15,000 pa Broad Row is close to a number of town centre car parks and is a short walk from the Market Place.
Tenure
Freehold
Ground Floor
Shop 1 with one bedroom living accommodation Shop 2 with access to first floor offices or flat
First Floor
Lounge, kitchen area, shower room, 2 bedrooms. Planning consent has been granted for the sub division of the first floor into a self contained one bed flat which would be possible subject to a new staircase being installed. this would also allow a separate lock up shop on the ground floor.
Planning
Planning consent was obtained in April 2019 for a conversion of the first floor into a self contained residential flat with separate ground floor access. Ref:06/19/0136
Energy Efficiency Rating (EPC)
Current Rating 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
Solicitors
Norton Legal, Unit 8 Beech Avenue, Taverham, Norwich, 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% inc VAT of the purchase price, subject to a minimum of £954 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.