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Commercial Property for sale

Marine Parade, Great Yarmouth

456 sq. ft. | £120,000

Property Description

Commercial information

  • 456 sq ft (42 sq m)

Full description

Tenure: Leasehold

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

Marine Parade is a semi-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 position overlooking the golden mile and on the approach to the beach and Jetty pay & display car park.

DESCRIPTION
An established Café/Takeaway Business offering 36 outdoor covers. The Business has been operating for over 20 years, it has established a strong reputation from a prominent pitch with business targeted towards the summer tourist trade.

Trading information is available to registered applicants.

ACCOMMODATION
A lock up single storey shop unit; the property is of brick construction with a flat roof. There roller shuttered kiosk windows to the south and west facades, with associated curtilage for outside dining tables.

Floor area totals 456 sq ft (42.4 sq m)

SERVICES
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.

TERMS
The business 'Good Will' is available at an asking price of £120,000.

OUTGOINGS
We were unable to identify the property on the Valuation Office Agency website. However, we understand the property qualifies for 100% relief under the governments Small Business initiative.

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

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


TENURE
The property is held on a 3 year full repairing & insuring lease which commenced on the 18th August 2015. The passing rent is £9,000 per annum exclusive.

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

VIEWING
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
Email: edward@larkes.co.uk


Nearest stations

  • Great Yarmouth (0.9 mi)
  • Berney Arms (4.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Larkes Estate Agents, Great Yarmouth

The Arch, 25A Hall Quay, Great Yarmouth, NR30 1HP

01493 493229 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Great Yarmouth (0.9 mi)
  • Berney Arms (4.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Larkes Estate Agents, Great Yarmouth

The Arch, 25A Hall Quay, Great Yarmouth, NR30 1HP

01493 493229 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 100992001409. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Larkes Estate Agents, Great Yarmouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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