The subject property comprises a two storey terrace building, of brick construction under a flat asphalt roof. The property provides ground floor retail and storage space with the first floor providing further storage and staff amenities. The windows throughout the building are timber framed single glazed.
The premises comprises concrete floors with various coverings, plastered and emulsioned walls, plastered ceilings with the sales area having a suspended ceiling grid, strip fluorescent lighting with some spotlighting to the sales area.
The premises also includes a rear loading area with large loading door and goods lift.
The property is currently in use as an Argos store which is combined with 53 Market Place and has a lease with a further 4 years to run.
Great Yarmouth is a major coastal resort 20 miles east of Norwich and 55 miles north-east of Ipswich. The resident population of the Borough is estimated at 97,000 and is boosted by 5 million annual visitors making Great Yarmouth the third most visited tourist resort in the UK.
The property occupies a prime location in the centre of Great Yarmouth close to the Market Gates Shopping Centre and with numerous retailers including Halifax, Vodafone, Santander, Boots, Barclays Bank and Palmers Department Store all close by.
The freehold property is subject to a lease expiring 31st October 2021 at a passing rent of £18,500 per annum. There are no further breaks or reviews prior to the expiry of the term.
The freehold interest in the property is available for sale at £265,000 exclusive.
( Agency Pilot Software Ref: 334606 )
51 Market Place, Great Yarmouth, NR30 1NU
Type: General Retail, Retail
51 Market Place, Great Yarmouth, NR30 1NUGBGreat Yarmouth, Great YarmouthNorfolkNR30 1NUMarket Place
Freehold Shop on Busy Shopping Street between Great Yarmouth Town centre and the ‘Golden Mile’. Currently in A1 use the first and second floor give scope for conversion into more than one residential unit (subject to appropriate consents). The double fronted shop has a central door access and roller shutter security. The living accommodation on two floors is used in part for storage of stock. There is a pedestrian access to the rear which gains access from Nelson Road Central. • Freehold Shop Premises • Excellent footfall especially from March to October • Potential to reinstate back to a residential flat on the 1st and 2nd floors • Near the Town Centre
8/9 King Street is located on one of the primary retail thoroughfares within the town centre. The premises itself is situated immediately opposite River Island, whilst retailers in close proximity include Greggs, WH Smith, H Samuel and Clarks. Great Yarmouth has a thriving oil, gas and renewable energy industry that has been further enhanced by the opening of the Deep Water Outer Harbour. It also forms part of the Great Yarmouth and Lowestoft Enterprise Zone. ( Agency Pilot Software Ref: 164365 )
8-9 King Street, Great Yarmouth, NR30 2BA
Type: Retail - High Street, Retail
8-9 King Street, Great Yarmouth, NR30 2BAGBGreat Yarmouth, Great YarmouthNorfolkNR30 2BA8, King Street