Vacant Bank - Freehold for Sale

The property is arranged on three floors. The ground floor provides the main sales area with kitchen, strong room and stores to the rear. The first and second floors comprise three self-contained residential flats let to individual tenants each for a term of 125 years expiring 2131 at peppercorn rents. Tenure Freehold. Rent £50,000 for the benefit of the freehold interest. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £16,000.00 and the rates payable are £7,680.00 pa. The UBR for 2018/2019 is 48.00p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
Less

Location Description

Great Yarmouth is a coastal town in Norfolk located 20 miles east of Norwich, and 10 miles north of Lowestoft. The subject property is located in Trafalgar Road circa 0.5 miles from the main shopping area of Market Place. Nearby occupiers include a mix of local tenants and residential.

Sizes and Measurements

Total Size

2,000sqft

Sales Area

2,000sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

2,000sqft

Status

Available

Available from

Now

Lease Information & Charges

Lease type

Freehold

For sale

£50,000

UBR

48p

Ratable Value

£16,000.00

Business Rates

£7,680/pa

Specification

  • Nearby occupiers mix of tenants and residential

Photos

GT YARMOUTH IMAGE

Other properties in this area

BESbswy