Light industrial facility extending to around 17, 140 sq/ft (1,592 sq/m) part let producing over £34,000 pa

This substantial former fish house has accommodation over three floors extending to over 17,000 sq ft. Over thirty years ago the building was split into a variety of workshops, studios and stores. It is part let, part vacant and currently seven units are let producing £34,666 pa. The property occupies a prominent corner position at the junction of Admiralty Road, Sutton Road with Middle Road East. It is close to the outer harbour, new Herring Bridge river crossing and the renewable energy business park. An exciting investment opportunity with scope to generate further income from the vacant areas.

Tenure

Freehold

Business Rates

According to the valuation website the units are individually rated. Further information at www.tax.service.gov.uk/business-rates-find/results

Letting Schedule

Ground floor Unit 1 let to Discount Sheds at £125 per week (£6,500 pa) Unit 2 let to Lease Furnishings at £100 per week (5,200 pa) Unit 3 let to Second Hand Land at £100 per week (£5,200 pa) Unit 4 let to Stalwart Safety at £66.66 per week (£3,466 pa) Unit 5 let to Supalign Construction at £150 per week (£7,800 pa) First floor Unit 6 let to Anglian Studios at £25 per week (£1,300 pa) Unit 7 let to Crunch Musician at £100 per week (£5,200 pa)

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

HKB Wiltshires (Great Yarmouth), Ref: Sue Foxon

Additional Fees

Administration Charge - £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.