Available
Great Yarmouth – Vacant Takeaway & 3-Bed Flat
5/5A St Peters Road, Great Yarmouth, Norfolk NR30 3AUFreehold Vacant Takeaway & Residential Investment
Price
£175,000
Rent P.A.
Vacant
Tenure
Freehold
Area
2,163 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Vacant possession
- ERV of ground floor takeaway: £12,000 p.a.
- ERV of first/second floor HMO*: £18,000 p.a.
- Comprises ground floor takeaway with self-contained 3-bed flat at first and second floor
- *Planning submitted for change of use of residential flat to 3-bedroom HMO
- Located at the junction with Dene Side opposite Londis, amongst a host of local traders including barbers, café and more.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
The property comprises ground floor takeaway shop with self-contained 3-bedroom flat at first and second floor, providing the following accommodation and dimensions:
Ground Floor: 87 sq m (936 sq ft)
Takeaway counter, rear kitchen and storage
First & Second Floor: 114 sq m (1,227)
Kitchen, 4 rooms, bathroom/wc
Planning submitted for change of use of residential flat to HMO.
Ground Floor: 87 sq m (936 sq ft)
Takeaway counter, rear kitchen and storage
First & Second Floor: 114 sq m (1,227)
Kitchen, 4 rooms, bathroom/wc
Planning submitted for change of use of residential flat to HMO.
Tenancy Description
The entire property is at present vacant.
ERV of ground floor takeaway £12,000 p.a.
ERV of HMO upon approval £18,000 p.a.
ERV of ground floor takeaway £12,000 p.a.
ERV of HMO upon approval £18,000 p.a.
Location Description
Great Yarmouth is a popular coastal resort, located approx. 18 miles east of Norwich, 8 miles north of Lowestoft and benefits from good road links via the A47, A143 and the A12. The property is located at the junction with Dene Side opposite Londis and amongst a host of local traders and being close to the Town Centre and Sea Front.