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King Street, Great Yarmouth

Key features

  • Elegant Investment
  • 3 Shop Units
  • 11 Apartments
  • Townhouse
  • Car Parking
  • Immediate Income
  • Close To Town
  • Freehold -10% Yeild
  • Air BnB Allowed
  • Parking

Description

**INVESTMENT OPPORTUNITY with 10% YIELD**. Welcome to Great Yarmouth, at 149 - 150 King Street, this remarkable building is a true gem that captures the essence of seaside charm and modern convenience. The property stands as a substantial and elegant structure, making it a prominent feature in this vibrant town. Just a stone's throw away, residents and visitors alike can enjoy a delightful array of shops and restaurants, with the picturesque park leading directly to the famous seafront, renowned for its arcades, casinos, and lively nightlife.

This impressive building is thoughtfully arranged over three floors, complemented by cellar areas, and features three commercial units on the ground floor. Above these commercial spaces, you will find eleven well-appointed residential flats spread across the ground, first, and second floors, alongside an attached three-storey townhouse. All residential units are currently let to third-party tenants, ensuring a steady income stream. Not forgetting the well established Air BnB's which are a very busy side of this investment building.

Having undergone a meticulous conversion and refurbishment approximately ten years ago, the property boasts a high standard of finish and specification, making it an attractive option for both investors and tenants. This outstanding property presents a rare investment opportunity in a sought-after location, combining the allure of seaside living with the practicality of a well-established rental income. Whether you are looking to expand your investment portfolio or seeking a prime location for your business, this property is not to be missed.

1 Townhouse - Three storey property - Ground Floor, Entrance hall. Cloakroom, Utility room, Bedroom, Ensuite
First Floor - Lounge/kitchen
Second Floor - Landing, Bedroom, Study, Bathroom.

Flat 2 - Ground Floor
Hall, Bathroom, Kitchen, two bedrooms, lounge and cupboard.

Flat 3 - First Floor
Entrance Hall, Cupboard, Lounge/Diner/Kitchen, Two bedrooms and Bathroom. Balcony

Flat 4 - First Floor
Entrance Hall, Cupboard, Bedroom, Lounge/Kitchen and Bathroom. Balcony

Flat 5 - First Floor
Entrance Hall, Cupboard, Two Bedrooms, Lounge, Kitchen and Bathroom. Balcony

Flat 6 - First Floor
Entrance Hall, Cupboard, Two Bedrooms, Lounge/Kitchen and Bathroom. Balcony

Flat 7 - First Floor
Entrance Hall, Bedroom, Lounge/Kitchen, Bathroom and Cupboard. Balcony

Flat 8 - Second Floor
Entrance Hall, Cupboard, Lounge/Kitchen/Diner, Bathroom, and Two Bedrooms. Balcony

Flat 9 - Second Floor
Entrance Hall, Cupboard, Bedrooms, Lounge, Kitchen and Bathroom. Balcony

Flat 10 - Second Floor
Entrance Hall, Cupboard, Two Bedrooms, Lounge, Kitchen and Bathroom.

Flat 11 - Second Floor
Entrance Hall, Cupboard, Two Bedrooms, Kitchen/Lounge and Bathroom. Balcony

Flat 12 - Second Floor
Entrance Hall, Cupboard, Lounge/Kitchen, Bedroom and Bathroom. Balcony

Unit A Dominos Shop - This unit comprises waiting/servery/kitchen and chiller area. Plant room, Locker room, office, Preparation area, Toilet/lobby, stock room, Stock area. Total area approx 117.82 m2

Unit B - Office - Retail area and stock room. Total approx area 51.55 m2

Unit C - Kierans Carpets - Retail area, Toilets, Studio, Store, Kitchen, Cellar retail area. Area approx 169.82 m2
Cellar rooms 95.53 m2
Total 434.72 m2

Outside - Private Car Park to the rear.

Agents Note - In accordance with Section 21 of the Estate Agent Act 1979, we declare that there is a connected person in the sale of this property. The property is being sold by a connected person known to Think Property.

Brochures

King Street, Great YarmouthBrochure
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: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Communal
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

Energy performance certificate - ask agent

King Street, Great Yarmouth

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About Think Property, Norwich

Unit 3 Vision Park, Queens Hills, Norwich, NR8 5HD
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1

THINK Property OUR FOCUS IS YOU! Whether you are selling, buying or looking to rent we at THINK are here to provide you with a friendly, reliable, professional service based on our vast local property knowledge and the needs of people in our community. Looking for a new tenant or looking for advise on your portfolio, we specialise in property management giving you as a landlord the freedom our management facility offers putting you first and providing you with the service you deserve and expect.

We hold memberships with industry bodies such as the Property Redress Scheme (PRS030796) and hold comprehensive client money protection as a member of the government-authorised SafeAgent Client Money Protection scheme (A7883).

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Disclaimer - Property reference 34186754. 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 Think Property, Norwich. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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