Retail Investment
Retail
Retail Investment 164.01 SqM (1,766 SqFt)
HIGH STREET LOCATION
For Sale 51 Market Place, Great Yarmouth, Norfolk NR30 1NU
LET TO NATIONAL TENANT Great Yarmouth is a major coastal resort 20 miles east of Norwich and 55 miles north-east of Ipswich. The resident population of the Borough is estimated at 97,000 and is boosted by 5 million annual visitors making Great Yarmouth the third most visited tourist resort in the UK. The property occupies a prime location in the centre of Great Yarmouth close to the Market Gates Shopping Centre and with numerous retailers including Halifax, Vodafone, Santander, Boots, Barclays Bank and Palmers Department Store all close by.
Note: Arnolds for themselves and for the vendors or lessees of this property whose agents they are give notice that (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute part of, an offer or contract: (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchaser or lessees should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them (iii) no person in the employment of Arnolds has any authority to make or give any representation or warranty whatever in relation to this property.
51 Market Place, Great Yarmouth, Norfolk NR30 1NU
Description
Terms
The subject property comprises a two storey terrace building, of brick construction under a flat asphalt roof. The property provides ground floor retail and storage space with the first floor providing further storage and staff amenities. The windows throughout the building are timber framed single glazed.
The freehold interest in the property is available for sale at £265,000 exclusive.
Business Rates The property has been entered onto the Valuation Office Agency website as the following: Description: Retail and Premises
The premises comprises concrete floors with various coverings, plastered and emulsioned walls, plastered ceilings with the sales area having a suspended ceiling grid, strip fluorescent lighting with some spotlighting to the sales area.
Rateable Value: £ TBC Rates Payable 2017/2018: £ TBC
Legal Costs The premises also includes a rear loading area with large loading door and goods lift. The property is currently in use as an Argos store which is combined with 53 Market Place and has a lease with a further 4 years to run.
Accommodation
Each party will bear their own costs.
VAT Our client reserves the right to charge VAT in line with current legislation.
EPC
We have measured the property in accordance with the RICS Code of Measuring Practice and calculate the following approximate net internal floor area:
The property has EPC rating:- TBC.
Viewing and further information Strictly by appointment with the sole agent:
Description Ground Floor Sales Area Storage First Floor Storage
SqM
SqFt
64.45 31.66
694 341
67.9
731
TOTAL NIA
164.01
1,766
Arnolds Keys 01603 620551 Michael Annakin [email protected] SUBJECT TO CONTRACT - MGA/rhc/23660/120
Tenure Freehold subject to a lease to Argos, expiring in 2021. Details available. There is no rent review or breaks.
Retail Investment 164.01 SqM (1,766 SqFt)
HIGH STREET LOCATION
For Sale 51 Market Place, Great Yarmouth, Norfolk NR30 1NU
LET TO NATIONAL TENANT Great Yarmouth is a major coastal resort 20 miles east of Norwich and 55 miles north-east of Ipswich. The resident population of the Borough is estimated at 97,000 and is boosted by 5 million annual visitors making Great Yarmouth the third most visited tourist resort in the UK. The property occupies a prime location in the centre of Great Yarmouth close to the Market Gates Shopping Centre and with numerous retailers including Halifax, Vodafone, Santander, Boots, Barclays Bank and Palmers Department Store all close by.
Note: Arnolds for themselves and for the vendors or lessees of this property whose agents they are give notice that (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute part of, an offer or contract: (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchaser or lessees should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them (iii) no person in the employment of Arnolds has any authority to make or give any representation or warranty whatever in relation to this property.
51 Market Place, Great Yarmouth, Norfolk NR30 1NU
Description
Terms
The subject property comprises a two storey terrace building, of brick construction under a flat asphalt roof. The property provides ground floor retail and storage space with the first floor providing further storage and staff amenities. The windows throughout the building are timber framed single glazed.
The freehold interest in the property is available for sale at £265,000 exclusive.
Business Rates The property has been entered onto the Valuation Office Agency website as the following: Description: Retail and Premises
The premises comprises concrete floors with various coverings, plastered and emulsioned walls, plastered ceilings with the sales area having a suspended ceiling grid, strip fluorescent lighting with some spotlighting to the sales area.
Rateable Value: £ TBC Rates Payable 2017/2018: £ TBC
Legal Costs The premises also includes a rear loading area with large loading door and goods lift. The property is currently in use as an Argos store which is combined with 53 Market Place and has a lease with a further 4 years to run.
Accommodation
Each party will bear their own costs.
VAT Our client reserves the right to charge VAT in line with current legislation.
EPC
We have measured the property in accordance with the RICS Code of Measuring Practice and calculate the following approximate net internal floor area:
The property has EPC rating:- TBC.
Viewing and further information Strictly by appointment with the sole agent:
Description Ground Floor Sales Area Storage First Floor Storage
SqM
SqFt
64.45 31.66
694 341
67.9
731
TOTAL NIA
164.01
1,766
Arnolds Keys 01603 620551 Michael Annakin [email protected] SUBJECT TO CONTRACT - MGA/rhc/23660/120
Tenure Freehold subject to a lease to Argos, expiring in 2021. Details available. There is no rent review or breaks.
