Mixed use investment: Let shop & flat producing £9,400pa rising to £10,400 in July 2018

This Grade II listed property comprises an attractive three storey terrace building with ground floor retail unit and a self contained three bedroom flat arranged over first and second floors. Broad Row is an established retail street and links to the town's prime retailing (Market Place/King Street) via Market Row. Neighbouring occupiers in Broad Row include retailers, cafes and hair salons. The property is situated close to various car parks. 21 Broad Row (Shop) - Let by way of a three year lease at a current rent of £4,000pa stepped up to £5,000pa at the start of year 3 in July 2018. 21A Broad Row (Maisonette) - Let by way of an Assured Shorthold tenancy dated 15th August 2015 at a rent of £450pcm (£5,400pa).

Tenure

Freehold

Description

21 Broad Row

Ground floor sales area 42sq/m (454sq/ft). Rear store 5.2sq/m (56sq/ft). Kitchenette 10.8sq/m (116sq/ft). W.C.

21A Broad Row

Ground Floor: Entrance from Broad Row. First Floor: Front lounge/bedroom 3 4m x 2.7m (13.3ft x 8.10ft) Dining room/lounge 4.3m x 3.3m (14.1ft x 10.9ft) Kitchen 2.3m x 2m (7.6ft x 6.6ft) Second Floor: Front bedroom 4m x 3.7m (13.1ft x 12.1ft) Rear bedroom 4.3m x 3.9m (14.1ft x 12.9ft) Bathroom

Viewing

Open days

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

Norton Peskett, 141 King Street, Great Yarmouth, Norfolk NR30 2PQ, Ref: Matthew Breeze, Tel: (01493) 849200

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.