Property photos
Fixed price
£225,000
(£104.02/sq. ft)
Retail premises for sale
St. Peters Road, Great Yarmouth NR302,163 sq. ft
Local area information
Property location
Nearby amenities
- St George's Primary & Nursery School, Great Yarmouth 0.2 miles
- Cre8 Futures Learning Centre 0.3 miles
- Great Yarmouth 0.8 miles
- Berney Arms 4.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Great Yarmouth to find out more about the local area.
Features and description
- Let until 2039. No breaks. Rent reviews linked to rpi every 5 years.
- Comprises ground floor takeaway with self-contained 3-bed flat above
Investment Consideration:
Gross Initial Yield: 8.89%
Rental Income: £20,000 p.a.
VAT is not applicable to this property
Let until 2039. No breaks. Rent reviews linked to rpi every 5 years.
Comprises ground floor takeaway with self-contained 3-bed flat at first and second floor
Located opposite Londis, amongst a host of local traders including barbers, café and more.
Property Description:
The property comprises ground floor takeaway 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)
Counter, seating area, kitchen, storage, wc
First & Second Floor: 114 sq m (1,227)
Kitchen, 4 rooms, bathroom/wc
Total gia: 201 sq m (2,163 sq ft)
Tenancy:
The entire property is at present let to Sakotis Tau Limited (with personal guarantee) for a term of 15 Years from 9th September 2024 at a current rent of £20,000 p.a. And the lease contains full repairing and insuring covenants. Rent review every 5th year linked to rpi. No breaks. Lease within Landlord & Tenant Act 1954. Deposit held of £5,000.
Location:
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.
Gross Initial Yield: 8.89%
Rental Income: £20,000 p.a.
VAT is not applicable to this property
Let until 2039. No breaks. Rent reviews linked to rpi every 5 years.
Comprises ground floor takeaway with self-contained 3-bed flat at first and second floor
Located opposite Londis, amongst a host of local traders including barbers, café and more.
Property Description:
The property comprises ground floor takeaway 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)
Counter, seating area, kitchen, storage, wc
First & Second Floor: 114 sq m (1,227)
Kitchen, 4 rooms, bathroom/wc
Total gia: 201 sq m (2,163 sq ft)
Tenancy:
The entire property is at present let to Sakotis Tau Limited (with personal guarantee) for a term of 15 Years from 9th September 2024 at a current rent of £20,000 p.a. And the lease contains full repairing and insuring covenants. Rent review every 5th year linked to rpi. No breaks. Lease within Landlord & Tenant Act 1954. Deposit held of £5,000.
Location:
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.
Floor plans and tours
Floor plans (1)
More information
Listed by
Blue Alpine Partners
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