King Street, Great Yarmouth, NR30
- PROPERTY TYPE
Terraced
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- GROUND FLOOR SHOP AND THREE FLATS BRINGING IN £37,580 PA
- SHOP CURRENTLY LET TO AGE UK
- TWO ONE BEDROOM FLATS AND ONE TWO BEDROOM FLAT
- THREE FLATS AND COMMUNAL AREAS WERE UPDATED IN 2024
Description
***INVESTMENT OPPORTUNITY***
Ground floor retail unit and three self contained flats with a total income o£37,580 PA.
Prominent location in Town Centre.
The shop is currently rented at £15,500 PA, offering a return of over 10%.
Currently occupied by Age UK as ground floor retail with staff room and WC facilities.
The three self contained flats are currently tenanted on assured shorthold tenancies, totalling £22,080 per annum, offering a yield of over 10%.
Two one bedroom flats located on the first floor and further two bedroom flat located on the second floor.
The three flats an communal areas were updated in 2024.
Flat 16A £595 PCM Tenancy commenced 07/06/24
Flat 16B £595 PCM Tenancy Commenced 24/07/24
Flat 16C £650 PCM Tenancy Commenced 15/06/24
SHOP:
SERVICES:
MAINS ELECTRIC
MAINS WATER
MAINS SEWERAGE
EPC: AWAITING
FLATS:
SERVICES:
MAINS GAS
MAINS ELECTRIC
MAINS WATER
MAINS SEWERAGE
EPC:
FLAT A: C
FLAT B: C
FLAT C: C
COUNCIL TAX:
FLAT A: A
FLAT B: A
FLAT C: A
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
QGO240161/2
SHOP
Front Shop
Door and windows to front aspect, fire alarm control panel, till area, changing room, wood effect flooring and double doors into staff room.
Staff Room
Fire exit and window into courtyard, door down to basement, power and lighting, kitchen area with sink, drainer, cupboard above, cupboards below and space for fridge.
Office
Power and lighting.
Lobby For WC
Obscure glass window to side aspect, hand wash basin and tiled splashback.
WC
Obscure glass window to side aspect, hand wash basin and tiled splashback.
Lobby
Lighting.
Former WC
Window to rear aspect.
Basement
Lighting.
FLATS
Communal Entrance Hall
Door to front entrance, built in cupboards housing gas meters and communal electric meter, built in cupboard, built in under stairs cupboard and staircase to first floor.
First Floor Landing
Window to rear aspect, stairs to second floor, double doors to electric meters and doors to Flat A and Flat B.
FLAT 16A
Entrance Hall
Window to side aspect, intercom telephone, radiator and built in storage cupboard.
Lounge
Windows to front and rear aspects and radiator.
Kitchen
Window to side aspect, range of wall and base units including worktop space with drawers and cupboards under and cupboards above, sink with drainer, tiled splashback, space for cooker, plumbing for washing machine, space for fridge, VAILLANT boiler to wall, radiator and extractor fan.
Bedroom
Window to rear aspect and radiator.
Inner Lobby
Built in storage cupboard with window to side aspect.
Bathroom
Window to side aspect, low level WC, hand wash basin, bath, partly tiled walls and radiator.
FLAT 16B
Entrance Hall
Radiator
Lounge
Windows to front aspect and radiator.
Kitchen
Window to rear aspect, range of wall and base units including worktop space with drawers and cupboards under and cupboards above, sink with drainer, plumbing for washing machine, space for cooker, space for fridge, WORCESTER boiler to wall, built in cupboard, radiator and extractor fan.
Bedroom
Windows to front aspect and radiator.
Bathroom
Low level WC, hand wash basin, bath, tiled splash back, radiator and extractor fan.
Second Floor Landing
Window to rear aspect, cupboard housing meters and door to flat C.
FLAT 16C
Entrance Hall
Built in storage cupboard, intercom telephone, radiator and access to loft.
Lounge
Windows to front aspect, radiator and built in storage cupboard.
Kitchen
Window to rear aspect, worktop space with drawers and cupboards under and cupboards above, sink with drainer, tiled splashback, space for cooker, plumbing for washing machine, space for fridge, radiator, VAILLANT boiler to wall and extractor fan.
Bedroom One
Windows to front aspect, range of fitted wardrobes and radiator.
Bedroom Two
Window to rear aspect and radiator.
Bathroom
Low level WC, hand wash basin, bath with tiled splashback, AQUALISA shower to wall, radiator and extractor fan.
Brochures
Web Details- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
King Street, Great Yarmouth, NR30
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Great Yarmouth Station0.5 miles
- Berney Arms Station4.3 miles
Your mortgage
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Visit our security centre to find out moreDisclaimer - Property reference QGO240161. 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 YOUR MOVE, Gorleston. 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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