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Retail Property (high street) for sale

The Esplanade, Great Yarmouth

Removed £35,000
317 sq. ft.

Property Description

Commercial information

  • 317 sq ft (29 sq m)

Full description

Tenure: Leasehold

Great Yarmouth is situated on the East coast of Norfolk, approximately 20 miles east of Norwich and eight miles north of Lowestoft.

The Esplanade is a pedestrianised stretch of the Towns Golden Mile. It is largely characterised by amusement arcades, adventure parks, and café and restaurant trades.

The premises benefit from a prominent corner position overlooking the beach and adjacent to the Jetty pay & display car park.

A lock up single storey shop unit; the property is of brick construction with a flat roof. There are traditional glazed shop front to both the beach and carpark facades, with associated curtilage for outside dining tables.

Floor area totals 317 sq ft (29.48 sq m)

We have not carried out tests of the services or appliances and interested parties should arrange their own tests to ensure these are in working order.

The business 'Good Will' is available at an asking price of £35,000.

The premises have the following assessment.

Description: Café & Premises
Rateable Value: £2,900
Rate in the £ for 2016/2017: 49p

Applicants may qualify for 100% relief under the governments Small Business initiative - please enquiry for further information.

Each party is to be responsible for their own costs incurred in the transaction.

All fixtures, fittings & stock are included within the sale; a full inventory will be available upon request.

The property is held on a 3 year full repairing & insuring lease which commenced on the 6th March 2015. The passing rent is £7,800 per annum exclusive.

The lease benefits from the security of tenure provisions of the Landlord & Tenant Act 1954.

On prior arrangement with the sole agents;
Larkes Estate Agents
The Arch
25A Hall Quay
Great Yarmouth
NR30 1HP
Tel. 01493 330 299
Contact: Edward Larke

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