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UNDER OFFER

50 High Street, Sheringham, Norfolk, NR26 8DT

£375,000

£96.35 per sq ft

Business rates & charges may apply

Arnolds Keys, Norwich - Commercial
SIZE AVAILABLE

3,892 sq ft

362 sq m

SECTOR

Mixed use property for sale

Key features

  • MIXED-USE INVESTMENT COMPRISING GROUND FLOOR RETAIL AND TWO UPPER FLOOR RESIDENTIAL UNITS
  • HIGH FOOTFALL AND PROMINENT LOCATION
  • LOW PASSING RENT OF £24,000 PA POTENTIAL ERV £42,000 PA
  • REVERSIONARY YIELD OF 10.72%
  • ONLY £96.35 PER SQ FT
  • FREEHOLD

Description

The subject property comprises a mid-terrace, four-storey mixed-use building of traditional construction.
The ground floor is occupied by a restaurant trading as The Sheringham Trawler, with a distinctive, themed frontage incorporating a timber-framed shopfront and prominent signage.
The upper floors provide commercial storage as well as two self-contained single bedroom residential units, accessed separately from the rear.
To the rear of the property is a tarmaced parking area, accessed via Morris Street.

Brochures

50 High Street, Sheringham, Norfolk, NR26 8DT

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Sheringham Station0.2 miles
  • West Runton Station1.5 miles
  • Cromer Station3.5 miles

About Arnolds Keys, Norwich - Commercial

25 King Street, Norwich, NR1 1PD

COMMERCIAL PROPERTY SALES

Arnolds Keys offers a complete commercial property sales service using our own in-house team of Chartered Surveyors.

From initial market appraisal, through handling enquiries, viewings and the entire negotiation process, to contracting, instructing solicitors, referencing buyers and checking funding is in place, we can make the whole process simple and efficient.

Drawing on our extensive experience, we can ensure that we achieve maximum value for vendors, both through realistic market appraisals, and by creating effective and dynamic marketing campaigns.

As well as our Norwich city centre office, our commercial team also has a presence in our Enterprise Zone office in Lowestoft, and at our north Norfolk commercial hub in Aylsham, ensuring true multi-office marketing.

COMMERCIAL PROPERTY LETTINGS

Arnolds Keys offers a complete commercial property lettings service using our own in-house team of Chartered Surveyors.

Drawing on our extensive experience, we can negotiate the best possible lease terms for landlord clients, with all negotiations conducted in accordance with the Lease Code.

From initial market appraisal, through handling enquiries, viewings and the entire negotiation process, to contracting, instructing solicitors, and referencing tenants, we can make the whole process simple and efficient.

As well as our Norwich city centre office, our commercial team also has a presence in our Enterprise Zone office in Lowestoft, and at our north Norfolk commercial hub in Aylsham, ensuring true multi-office marketing.

WHY CHOOSE ARNOLDS KEYS?

• One of the most active commercial agents in Norfolk and north Suffolk

• Unrivalled knowledge of who is in the market for each type of property

• In-depth knowledge and understanding of leasehold law

• Offices in Norwich, New Anglia Enterprise Zone (Lowestoft) and Aylsham ensure true multi-office marketing

• All of our commercial team are qualified Chartered Surveyors

• Backed by full range of property services in-house

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 336530FH. 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.

Map data ©OpenStreetMap contributors.

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