The property occupies a prominent road side position with glazed frontage to King Street within Great Yarmouth's prime retailing district. The property is situated opposite River Island and other nearby retailers include Tui UK Holidays, Mocha Coffee Shop, H Samuel Jewellers.
The property comprises a terraced two storey shop unit. The ground floor provides a retailing area of uniform shape with large display windows to King Street. There is pedestrian access which leads directly to the open plan shop unit. There is a rear access out to a service passage and stairs lead to first floor where there is various offices and stores provided together with kitchen and staff toilets.
We have measured the property in accordance with the RICS Measuring Practice and the following net internal floor areas are provided.
Ground Floor Retail Unit 69.71 sq m (750 sq ft)
First Floor Offices and Ancillary 59.01 sq m (548 sq ft)
A new lease is available on the property at a rent of £9,000 pa
The property has a current Rateable Value of £9,500. Therefore there is the potential for 100% rates relief in this location.
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 A2 (Financial and Planning). Due to the mix of other retailers in the immediate area we consider that A1 (Retail) and A3 (Restaurant Café use) would be permitted subject to planning.
Strictly by appointment with the selling agents BYCROFT COMMERCIAL. Tel. 01493 844489