*Guide | £170,000 - £190,000 (plus fees)
- Mixed Use
- Tenure: Freehold
Call the team on 01603 505 100 for more information
Great investment opportunity to acquire a Grade II listed building in a prominent position in Great Yarmouth currently yielding £30,204 pa
Mixed use acquisition opportunity for this Grade II listed building offering a retail shop and four individual one bedroom flats which are all currently let on ASTs. Situated in a prominent position within the seaside resort of Great Yarmouth the ground floor of this historical building has a long standing tenant in Simply 2 Let a reputable letting agent within the town. The four flats above are all generous in size and all currently let to long standing tenants and managed by Simply 2 Let. This is a great ready made investment opportunity producing £2,517 gross pcm. Rent Schedule: Flat 1 - £510 pcm Flat 2 - £525 pcm Flat 3 - £510 pcm Flat 4 - £455 pcm Retail shop - £517 pcm inc water and insurance.
Tenure
Freehold
Retail Shop
Retail area, separate office, kitchen, cloakroom, storage room and cellar
Flat 1
Sitting room, kitchen, one bedroom, bathroom
Flat 2
Sitting room, kitchen, one bedroom, bathroom
Flat 3
Sitting room and kitchen on first floor, with bedroom and bathroom on floor above.
Flat 4
Sitting room, kitchen, one bedroom, bathroom
Business rates
To be confirmed -
Viewings
Viewings are being arranged and the next are on Thursday 2 October. Please contact the Norwich Office to book you appointment
Energy Efficiency Rating (EPC)
Current Rating D,D,E,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 Peskett (Great Yarmouth), Ref: Matthew Breeze, Tel: 01493 849225
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 - £960 inc VAT payable on exchange of contracts.
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.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
Floor Plans
Click the image to view the full-sized floorplan.
