Northgate Street, Great Yarmouth Offers in the Region Of £140,000

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    Northgate Street
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    Northgate Street
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    Northgate Street
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    Northgate Street
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    Northgate Street
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    Northgate Street
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    Northgate Street
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    Northgate Street

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  • Established Investment opportunity
  • High yielding at 9%
  • Well established retail lock up shop
  • Separate entrance, generous size flat over

PRICE REDUCTION - An ideal small investment opportunity with occupying tenants in the shop and a separate flat at first and second floor. The property has been upgraded and comples with fire safety, gas, electricity and the EPC standards.



Rooms

Ground Floor

Kitchen - 5.38 sq ft (0.5m2)

Retail area - 398.26 sq ft (37m2)

Retail Zone A - 250 sq ft (23.2m2)

Retail Zone B - 101 sq ft (9.4m2)

1st Floor Flat

Landing

Stairs to 2nd floor.

Front Lounge - 17' 5'' x 12' 2'' (5.32m x 3.70m) plus bay

Bay window, radiator.

Rear Bedroom - 13' 4'' x 11' 7'' (4.06m x 3.52m)

Double glazed window.

Bathroom - 6' 4'' x 9' 2'' (1.92m x 2.79m)

Double glazed window, Bath with shower over, WHB, WC.

Kitchen - 16' 0'' x 10' 10'' (4.88m x 3.29m)

Base unit with sink, electric cooker point, baxi water heater.

2nd Floor

Rear bedroom - 11' 1'' x 11' 5'' (3.39m x 3.49m)

Radiator, walk in wardrobe, double glazed window.

Front bedroom - 17' 3'' x 10' 2'' (5.25m x 3.10m)

Radiator, double glazed window.

Leases

The Tanning shop is an old established business and has signed a lease for another 5 years at £5,900 pa. The flat is currently Vacant but was recently on an Assured Shorthold Tenancy at £7,280 pa. This would total £13,280 pa if the shop and flat were let.

Services

We understand that Gas, Electricity, Water and Drainage are connected.

Business Rates

2017 Rateable Value is £2,600.

Council Tax

The Flat has a Council Tax Band 'A'.

VAT - is not applicable

Price Information

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.


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EPC

Floorplans (Click to Enlarge)

Nearby Places

Name Location Type Distance
Northgate Street
Great Yarmouth NR30 1BN
County: Norfolk
Sale Type: For Sale
Ref #: 00000685