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5 St. Peters Road, Great Yarmouth

Under Offer £95,000

Property Description

Key features

  • Mixed use investment property
  • Takeaway with three bedroom accommodation
  • Income of 11,000 per annum exclusive
  • Close to the town centre
  • Prominent corner position
  • Close to the sea front

Full description

A prominent mixed commercial / residential investment property situated in Great Yarmouth town centre. Ground floor corner takeaway shop with three bedroom living accommodation.

Internal Storage 
10.3 m2 / 110.9 ft2

Cold Store 
5.3 m2 / 57.0 ft2

Total Commercial Floor Area 
75m2 / 807.3 ft2

Residential - First & Second Floor 
3 bedrooms, lounge, kitchen & bathroom.

Business Rates 
2017 Rateable Value £2,850 for the ground floor Takeaway & premises. The amount payable in the £ for 2018/19 is 48p in the £. The tenant is responsible for the payment of these outgoings.

Council Tax 
The residential accommodation is assessed as Band 'A'.

We believe that mains electricity, gas, water supplies and drainage are connected to the property.

Legal Costs 
Both parties will be responsible for their own legal costs.

VAT will not be applicable to the purchase price.

Freehold subject to the existing Lease. The property is let on tenants full repairing terms at a rent of £11,000 per annum exclusive of outgoings from the 1st of March 2002 for a term of 21 years with tenants right to renew. A final rent review is due in March 2020.

Commercial / Retail Takeaway 

Retail Zone A 
33.5 m2 / 360.6 ft2

Retail Zone B 
8.1 m2 / 87.2 ft2

Production Area 
17.8 m2 / 191.6 ft2

More information from this agent

Energy Performance Certificates (EPCs)

Map & Street View

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