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COMMERCIAL

South Beach Parade, Great Yarmouth

Offers Over
£600,000
William H. Brown, Great Yarmouth
PROPERTY TYPE

Commercial Property

BEDROOMS

7

BATHROOMS

6

SIZE

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Key features

  • Prominent freehold property in an enviable seafront location.
  • Established Bed & Breakfast business generating approximately £30,000 per annum.
  • Two self-contained one-bedroom flats and one self-contained two-bedroom flat producing a combined rental income of approximately £2,200 per calendar month (£26,400 per annum
  • Spacious open-plan bar area with dance floor and stage, offering flexibility for a range of leisure and hospitality uses.
  • Storage Space with income of £4800pa
  • Large courtyard/car park.
  • Private yard with garage and additional storage areas.
  • Excellent redevelopment and investment potential, subject to any necessary consents.

Description


SUMMARY
COMMERCIAL PROPERTY Mixed-use seafront investment with established B&B income of circa £30,000 per annum plus three residential flats generating approximately £26,400 per annum, offering strong returns and future potential. Storage Space with income of £4800pa


DESCRIPTION
COMMERCIAL PROPERTY

The property currently operates as a successful Bed & Breakfast business, generating approximately £30,000 per annum, whilst also benefiting from strong residential rental income. The accommodation includes two one-bedroom flats and one two-bedroom flat, currently producing approximately £2,200 per calendar month.
This combination of established hospitality income and residential lettings provides a diversified and attractive revenue stream for investors, developers, or owner-operators seeking a substantial mixed-use asset in a prominent coastal location.
The Property
This impressive two-storey property occupies a highly visible seafront position and offers extensive accommodation and trading areas. .
Additional facilities include storage rooms, utility areas, ladies' and gentlemen's WCs, cellarage, patio seating, a substantial courtyard with potential parking provision, and private yard areas with garage storage. Storage Space with income of £4800pa
The residential element comprises:

Owner's/Manager's accommodation.
Two self-contained one-bedroom flats.
One self-contained two-bedroom flat.

The flats are currently let and generate a combined rental income of approximately £26,400 per annum (£2,200 pcm).
Location
The property enjoys a prominent seafront position in Great Yarmouth



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

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Full Details

Energy Performance Certificates

EPC

South Beach Parade, Great Yarmouth

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Great Yarmouth Station1.7 miles
  • Berney Arms Station4.4 miles
  • Haddiscoe Station6.2 miles
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About William H. Brown, Great Yarmouth

3 Hall Quay, Great Yarmouth, NR30 1HX
Industry affiliations:

William H Brown is a well-established estate agency brand serving Yorkshire, Lincolnshire, Hertfordshire and East Anglia through an extensive network of branches and property services. Founded in 1890 we have a long-standing reputation for being the trusted agent of choice, expertly positioning your property to captivate a wide audience of home-seekers.

Notes

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Disclaimer - Property reference GTY110036. 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 William H. Brown, Great Yarmouth. 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.