The property is located equidistant Great Yarmouth and Lowestoft on the outskirts of Lound, approximately ¾ mile from the A47. The location is attractive and rural in nature.
Great Yarmouth has a borough population of approximately 97,000 persons, Lowestoft has a population of approximately 60,000 persons. Hopton the next village has a population of 2970 persons. Gorleston has a population of 5,500 persons.
The main access is from Church Lane via a private drive which leads to a tarmac parking area in front of the main building.
The main classroom block is accessed direct from Church Lane and has a dedicated car park to the front. The buildings were subject to a sustained refurbishment programme approximately 5 years ago. The ground floor provides a reception area with updated toilets and facilities. A long corridor running south provides access to numerous well-proportioned classrooms and further toilets. A corridor running west provides access to a large well-equipped Gymnasium with sprung loaded floor and stage, further classrooms, services and updated changing rooms with showers and toilets. The first floor provides 7 large classrooms with toilets accessed from a main corridor and an additional area used as an art room.
Main building floor areas:
Ground floor 1343.74 sq m
Gymnasium 318.43 sq m
First floor 784.75 sq m
Total 2446.92 sq m (26,339 sq ft)
Site area: 0.67 Ha (1.66 acres)
Mains electricity, water and drainage are provided. The heating is via oil fired boilers.
The property is assessed for Business Rates - Horatio House = £72,000
The whole site has D1 (non-residential institution) planning consent. The property lends itself to occupation by other educational or academy uses. Other uses for the main site could include Nursing Home, Care Home, Sports Training Centre and Business HQ.
This building is let to Great Yarmouth Community Trust on a 15-year lease from the 16th June 2017. The current passing rent is £65,000 p.a.
Great Yarmouth Community Trust are an established charity organisation providing children and community based educational services. March 2016 accounts show an income of £1.66m with funds carried forward of £1.45m.
Strictly by appointment with the selling agent BYCROFT COMMERCIAL, tel: 01493 844489