Retail Property (high street) for saleSt. Peters Road, Great Yarmouth
This is a great opportunity to acquire a surprisingly large complex of buildings providing 2 ground floor shops, together with a large 3 bedroom maisonette above with storage barn/workshop and single garage to the rear. There is undoubtedly redevelopment potential to convert the property into a number of residential dwellings and the property has been priced to sell.
Principally the property fronts the north side of St Peters Road a secondary mixed use commercial and residential area positioned 0.5 miles south of Great Yarmouth town centre. Marine Parade and the famous Golden Mile prime tourist area is within a couple of minutes walk. Nearby Commercial occupiers include being newsagents, restaurants and fast food takeaways. A Coral bookmakers, the Circus and various amusement arcades are within a few minutes walk. The area has a large residential population within typically terraced housing and apartments.
A terraced block of buildings of traditional brick construction beneath a mix of pitched and flat roofs. The property is split between 3 addresses as follows:
26 St Peters Road.
This is the residential part with its main entrance from St Peters Road leading to a entrance hall providing access to a rear fully enclosed courtyard where there is a utility type building measuring 2.20m x 3.11m including the gas central heating for the residential element. There is a two storey rear workshop/barn measuring 2.93m x 4.43m per floor.
First floor accommodation has been fully integrated into a single dwelling. The accommodation provides a large lounge, separate wc, kitchen, bathroom, 2 bedrooms on the first floor with a 3rd attic bedroom.
26a St Peters Road.
This is a self contained shop with glazed frontage to St Peters Road it is an open plan with ancillary toilet, storage and kitchen areas to the rear and access out to the courtyard.
27 St Peters Road.
A further self contained shop premises with a narrow frontage to St Peters Road, 3 retailing areas are linked leading a rear kitchen and toilet and access out to the rear courtyard.
We have measured the property in accordance with RICS Code of Measuring Practice and the gross internal floor areas are provided:-
26 St Peters Road - Ground Floor Utility 6.84 sq m (74 sq ft)
Workshop/Barn Ground and First Floor 25.96 sq m (279 sq ft)
First Floor Residential 76.70 sq m (826 sq ft)
Second Floor Residential 15.69 sq m (169 sq ft)
26a St Peters Road - Retail 41.80 sq m (450 sq ft)
27 St Peters Road 35.27 sq m (380 sq ft)
We believe that mains water, drainage, electricity and gas are connected to the complex of buildings. There are separate services to the retail units and the residential element.
We have not carried out tests on any of the appliances or fixtures and fittings and we cannot confirm that they are in working order.
The property has been priced competitively - Guide Price = £150,000.00
Business Rates: 26a St Peters Road - £1,850 / 27 St Peters Road - £1,375
26 St Peters Road - Council Tax Band A
Agents Note: The property is in need of improvement and redevelopment and any planning enquiries should be directed to Great Yarmouth Borough Council on 01493 856100.
Strictly by appointment with Bycroft Commercial 01493 844489 - Email: email@example.com
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