Retail Property (high street) for sale

Northgate Street, Great Yarmouth

£137,500
33 sq. ft.

Property Description

Commercial information

  • 33 sq ft (3 sq m)

Full description

Tenure: Freehold

LOCATION
Northgate Street is a popular and bustling trading area of Great Yarmouth. The property is positioned 1 mile north of Great Yarmouth town centre and provides a vehicular and pedestrian thoroughfare to the north of the Borough towards Caister on Sea. The immediate surrounding area provides a High Street of retail shops and other facilities such as pubs and cafes. There is also a large residential population close by.

Nearby occupiers include the Kings Arms public house, Ralphs Barbers and The Laundry.

DESCRIPTION
The property comprises an attached mid terraced building of traditional rendered brick elevations beneath a pantiled pitched roof. The property probably dates from the late 1800's. The ground floor of the shop provides a retail unit with an open plan retailing area and full height display frontage to Northgate Street. Stores are provided to the rear together with a toilet.
The upper floors provide a 2 bedroom maisonette and is accessed separately to the rear of the property and via stairs. The first floor provides a lounge, kitchen, bathroom and bedroom. Stairs lead to a larger bedroom on the second floor of the property. A cellar is provided as well as access to the rear.

ACCOMMODATION
The ground floor shop provides a total floor area of 33.93 sq m.

SERVICES
We believe that mains electricity, gas, water and drainage are connected. A gas supply to the residential shop.

TERMS
TENURE

The ground floor shop unit is let to the current operators of the flower shop business on a lease dated the 29th June 2018 for a period which expires on the 29th June 2021. The current passing rent is £450 pcm/£5,400 pa

The maisonette is let on a assured shorthold tenancy agreement dated the 26th June 2018 for a 6 month period at a rent of £500 pm.

The Freehold of the property with the benefit of the tenancies is available at a price of £135,000 Freehold.

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 (4.3 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 (4.3 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.

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