The property occupies a prominent corner position at the junction of King Street and Regent Street within Great Yarmouth's prime retailing district. The property is situated opposite H Samuel Jewellers and is close to the entrance to Victoria Arcade Retail Centre. Other nearby retailers include Clarkes, CEX and Subway.
The property comprises a well proportioned retail unit. The ground floor has prominent display windows to both King Street and Regent Street with a corner entrance. The property has a solid floor and a suspended ceiling within inset lighting. Security shutters are in situ. To the rear of the retailing area there is a cashiers managers room and wc.
We have measured the property in accordance with the RICS Measuring Practice and the following net internal floor areas are provided:-
Ground Floor Shop 46.96 sq m (505 sq ft)
Rear Store 13.24 sq m (143 sq ft)
Sub Total 60.20 sq m (648 sq ft)
A new effectively full repairing insuring lease is available at terms to be agreed at a rent of £12,000 pa. Significant incentives are available up to 12 months rent free subject to status and lease terms.
The property has a current Rateable Value of £22,250. The rates payable for 2017/18 will be approximately £11,000.
Each party will be responsible for their own legal costs.
The subject property forms part of the main High Street retailing area and has planning consent for A1 (retail use). Due to the mix of other retailers in this immediate area, other uses could be permitted including A2 (financial and planning), A3 (restaurants and cafes).
Strictly by appointment with the sole agents Bycroft Commercial 01493 844489.