Retail Property (high street) for sale

Market Row, Great Yarmouth

Offers in Region of £350,000

Property Description

Full description

Tenure: Freehold

LOCATION
The property occupies a prominent position at the junction at Howard Street North and Stonecutters Way within Great Yarmouth town centre. Two major car parks in the centre of Great Yarmouth namely the Palmers car park and RCP are opposite. The area is popular with a variety of different uses including retail, café and residential. The adjacent premises have been recently converted to three residential units.

DESCRIPTION
The property comprises an interesting block of commercial property arranged over ground, first, second and third floors. The site is currently used in its entirety as a furniture shop with ancillary accommodation. The property benefits from significant display frontage to Howard Street North and a return display frontage to Stonecutters Way. Access is provided via Stonecutters Way or Market Row.

Internally the property provides a mix of open plan and cellular retail accommodation with stairs accessing the first, second and third floors.

Agents Note: Adjacent Car Parking site for approximately 6 cars, Available by separate negotiation. This is only available to the purchaser of this property. Would also be suitable for residential building plot subject to planning permission.

ACCOMMODATION
We have used floor areas provided by Richard Pike Associates from their detailed plans which confirm the following approximate floor areas. All interested parties should carry out their own measured survey to confirm that these floor areas are correct.

Ground Floor Coffee Shop 221 sq m
Retail Unit 111 sq m
Apartment 1 55 sq m
Apartment 2 110 sq m
Apartment 3 61 sq m
Apartment 4 102 sq m
Apartment 5 102 sq m
Apartment 6 97 sq m
Apartment 7 58 sq m

SERVICES
We believe that mains electricity, water, drainage and gas are connected to the property. We have not carried out any tests or checks on any of the services or appliances connected and purchasers should carry out their own due diligence in this regard.

TERMS
The Freehold of the property with the benefit of the planning consent is available at Offers in the Region of £350,000

PLANNING
Detailed planning consent has been obtained by the current owners to comprehensively redevelop the property to provide a ground floor retail unit with consent for café/restaurant use together with an additional retail unit for A1 use.

The upper floors now have consent for convert to provide 7 apartments/maisonettes arranged over the first, second and third floors.

Full Plans are available upon request. The planning application number 06/18/0046/F and can be viewed on Great Yarmouth Borough Councils planning portal.

Listing
The building is currently Grade II listed. The listed building consent is registered under 06/18/0047/LB

OTHER
Lease - The outgoing occupier would commit to a new lease for the Ground Floor at a rent of £15,000 pa which would give the purchaser an immediate return on expenditure while carrying out work on the upper floors.

VIEWING
Strictly by appointment with the selling agents BYCROFT COMMERCIAL. Tel. 01493 844489


More information from this agent

Nearest stations

  • Great Yarmouth (0.3 mi)
  • Berney Arms (4.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bycroft, Commercial- Great Yarmouth

14 Regent Street, Great Yarmouth, NR30 1RN

01493 844489 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 (0.3 mi)
  • Berney Arms (4.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bycroft, Commercial- Great Yarmouth

14 Regent Street, Great Yarmouth, NR30 1RN

01493 844489 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 101177004735. 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 Bycroft, Commercial- 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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