Sold STC
- Shop
- Tenure: Leasehold.
Call the team on 01603 505 100 for more information
Secure well proportioned vacant 617 sq/ft (57 sq/m) town centre shop
This modern virtual freehold shop has good security features with front and rear roller shutters. It has a frontage of 4.27m (14ft) and a cellar and is in a popular secondary position in the town close to major occupiers and the prime Market Place shopping area. It was previously let at £660pcm (£7,920 pa) and is now to be sold with vacant possession. According to the valuation office website the shop has a rateable value of £7,300 with effect from 1st April 2023.
Tenure
Leasehold.
Description
Front retail area: 482 sq/ft (44.78 sq/m) Rear store: 135 sq/ft (12.54 sq/m) WC and staff tea point Cellar with access through floor trap door Total: 617 sq/ft (57.2 sq/m)
Great Yarmouth
Great Yarmouth has a population of 93,400 and is the third largest UK seaside destination. It also adjoins the Norfolk Broads National Park and 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.
Lease Details
Term: 999 years from 29 September 2004 (980 years remaining) Annual ground rent amount: Nil Ground rent review period: N/A Annual service charge amount: Nil Service charge review period: N/A
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
George Ide Solicitors, Ref: Jess Stride
Offered in association with
East Commercial
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 - £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.
