Retail Property (high street) for sale

51 Market Place, Great Yarmouth, Norfolk, NR30

Under Offer £265,000
1,766 sq. ft.

Property Description

Commercial information

  • 1,766 sq ft (164 sq m)

Key features

  • HIGH STREET LOCATION
  • LET TO NATIONAL TENANT

Full description

The subject property comprises a two storey terrace building, of brick construction under a flat asphalt roof. The property provides ground floor retail and storage space with the first floor providing further storage and staff amenities. The windows throughout the building are timber framed single glazed.

The premises comprises concrete floors with various coverings, plastered and emulsioned walls, plastered ceilings with the sales area having a suspended ceiling grid, strip fluorescent lighting with some spotlighting to the sales area.

The premises also includes a rear loading area with large loading door and goods lift.

The property is currently in use as an Argos store which is combined with 53 Market Place and has a lease with a further 4 years to run. The extent of the frontage is shown edged red in the attached photographs.

Great Yarmouth is a major coastal resort 20 miles east of Norwich and 55 miles north-east of Ipswich. The resident population of the Borough is estimated at 97,000 and is boosted by 5 million annual visitors making Great Yarmouth the third most visited tourist resort in the UK.

The property occupies a prime location in the centre of Great Yarmouth close to the Market Gates Shopping Centre and with numerous retailers including Halifax, Vodafone, Santander, Boots, Barclays Bank and Palmers Department Store all close by.

The freehold property is subject to a lease expiring 31st October 2021 at a passing rent of £18,500 per annum. There are no further breaks or reviews prior to the expiry of the term.

The freehold interest in the property is available for sale at £265,000 exclusive.


More information from this agent

Nearest stations

  • Great Yarmouth (0.4 mi)
  • Berney Arms (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Arnolds Keys, Norwich - Commercial

2 Prince Of Wales Road Norwich NR1 1LB

01603 950248 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 (0.4 mi)
  • Berney Arms (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Arnolds Keys, Norwich - Commercial

2 Prince Of Wales Road Norwich NR1 1LB

01603 950248 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 334606. 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 Arnolds Keys, Norwich - Commercial. 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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