40-42 Market Place, Great Yarmouth, Norfolk, NR30 1LX

£1,250,000

Size

15,362

Tenure

Freehold

EPC

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Parking

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Primary use
Other

No floor / site plan

Key features

  • Town centre location (100% prime)
  • Ground floor let to Barclays Bank Plc
  • Let until February 2029
  • Tenant in occupation since 2014
  • Producing £125,000 per annum
  • Total floor area 1,428 sq m (15,362 sq ft) over three floors
  • Upper floors with permitted development (8 apartments)
  • Car parking to the rear (6 spaces) producing additional income

Description

PRIME SITUATED FREEHOLD INVESTMENT AND DEVELOPMENT OPPORTUNITY - The ground floor comprises a large and well-proportioned banking hall with wide and prominent frontage to Market Place. A separate ground floor entrance from the front of the building provides access to the self-contained former offices above.
General Permitted Development has been granted for the conversion of the first and second floors to provide eight no. residential apartments. Previously occupied as part open plan and part cellular offices, the upper floors are accessed from both the front of the building (Market Place) and rear. Windows are to the east, south and west elevations.
Architect's plans provide for eight apartments. The front three on each of the first and second floors are accessed from Market Place and comprise; entrance lobby, lounge/kitchen, bedroom and bathroom. The other two apartments are accessed from the rear and situated on the first floor. One is a two bedroom apartment and the other three bedrooms (one ensuite). Four apartments are shown as benefiting from patio gardens by removal of the mid section of the first floor.
The car parking area (6 spaces) to the rear is accessed from the town's 170 space car park adjoining.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

40-42 Market Place, Great Yarmouth, Norfolk, NR30 1LX

NEAREST STATIONS

National Rail

Great Yarmouth Station

0.4 miles

National Rail

Berney Arms Station

4.23 miles

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Disclaimer - Property reference 3286FH. 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 East Surveyors Limited , East 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.