King Street, Great Yarmouth Guide price £175,000

• Characterful Heritage Building
• Attractive Double Frontage
• 127 sq m (1,368 sq ft) Ground Floor Commercial
• Three/Four Bedroom Maisonette Accommodation
• Stores Areas
• Fully Let Investment

FOR SALE - TOWN CENTRE*FULLY LET INVESTMENT*SUBSTANTIAL MIXED COMMERCIAL / RESIDENTIAL PROPERTY ==================================================================================================================The property has for many years been used as shop although would suit a variety of retail, office, restaurant and other uses (subject to any necessary planning).The building incorporates an attractive front elevation and comprises a large well proportioned retail area with rear stores and staff WC and with three/four bedroom maisonette living accommodation arranged over first and second floors which has a separate side access from Row 119.The property is Grade II listed (List Entry Number: 1246590) and described as being early C18 converted from two shops to one shop in C20.

Accommodation

Ground Floor - Retail & Stores
127 sq. m (1,368 sq.ft)

First/Second Floor - Residential - 3/4 Bedroom Mai
130 sq. m (1,399 sq.ft)

Second Floor - Rear Store
23.6 sq. m (254 sq. ft)

Tenure
Freehold.
Freehold. Land Registry title number NK280968.
Both parts are currently let to tenants (further details available from the agent)

Services
Mains water, electricity, gas and drainage are connected to the property. The shop and maisonette have separate electricity supplies and gas supply to the residential part only.

Possession
Both parts are currently let to tenants (further details available from the agent).

Planning
E (Commercial Business & Service) includes retail, office and restaurant use.

Business Rates & Council Tax
The Rateable Value is £6,400. An occupier could be eligible for 100% rates relief upon successful application to Great Yarmouth Borough Council Business Rates Department 01493 856100.
The residential part has a Council Tax Band 'A'.

Location
Great Yarmouth has a residential population of 93,400 and a population of 205,000 within half an hour travelling time. The town is the third largest UK seaside destination and it also adjoins the well known Norfolk Broads National Park.
Great Yarmouth is a major employment area with a strong manufacturing and warehousing base and a busy seaport with deep water outer harbour serving the offshore oil and gas industry.
The area has been enhanced in recent years by a steady programme of road improvements which have provided a vastly improved road link to London, the industrial centres of the Midlands and the North. A new deep water outer harbour is now completed and a third river crossing is currently under construction.
The property is located to the west side of King Street, close to the junction with Yarmouth Way. The property has the benefit of being within an attractive Conservation Area of heritage buildings including St Georges Theatre / Cafe.

EPC
The residential part has an Energy Performance Rating of "E" (Rating 43). The commercial part has an Energy Performance Rating of "C" (Rating 68). The Certificates and Recommendation Reports will be available upon request.

Ref: Y11630/12/22