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Substantial freehold mixed use property comprising a let shop and two flats let producing £18,120 pa
This large property comprises a mid-terraced building with accommodation over three floors. On the ground floor is shop which trades as Coffee Ventura let producing £7,200 pa. On the first and second floors are two flats accessed via a separate entrance door to the front left hand side of the building. Flat one is let at £4,800 pa and flat 2 is let at £6,120 pa. Total income is £18,120 pa giving a high yield and the property benefits from off road parking to the rear. The property is Grade II listed and lies within a conservation area just south of the town centre.
Tenure
Freehold
Description
Ground floor shop comprising retail area, kitchen and toilets (56 sq/m) First floor flat one (58 sq/m) Second floor flat two (85 sq/m) Outside: rear garden and car park
Note
According to the valuation office website the shop has an area of 56 sq/m and a rateable value of £5,600 with effect from 1st April 2026.
Energy Efficiency Rating (EPC)
Current Rating Bottom flat: C Top flat: E
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Great Yarmouth Borough Council
Solicitors
Mears Hobbs LLP, Ref: Julie Kent, Tel: 01493 665413
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £960 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.