The unit is excellently located on Regent Road, the main pedestrian thoroughfare running between the town centre and the prime tourist area of Marine Parade.
The two storey unit comprises a well-configured and spacious ground floor retail area plus generous first floor rooms currently used for storage areas, kitchen, wc.
The attractive retail frontage comprises a combination of fixed glazed shop front windows and electrically operated roller shutters affording easy customer access. The retail sales area has wall mounted and freestanding shelving/display rails, suspended ceiling/lighting and a carpeted floor area ready to commence trading.
Our clients have traded the property seasonally for many years as a ladies fashion outlet (Fashion Wheel) but the unit would be equally suitable for a variety of alternative retail uses.
Agents Note - Upper Floor conversion to apartment. We consider that it may be possible to convert the first floor to a 2 bed apartment. There is separate access from the rear. This would be subject to planning. All enquiries to Great Yarmouth Borough Council. Any purchaser must satisfy themselves that their uses would be permitted.
The property provides the following approximate dimensions and floor areas:
Ground floor retail area 6.75m internal shop width x 14.42m internal shop depth 97.3 sq.m. (1047 sq.ft.)
First floor stores/ancillary areas 87.3 sq.m. (939 sq.ft.)
Mains water, drainage and electricity are connected.
Rent of £8,000 per annum (exclusive of business rates) payable quarterly in advance. A new lease is available on tenant’s full repairing and insuring terms for a term to be agreed.
For Sale – The freehold interest in the property is available for sale.Guide price of £165,000.
The rateable value is RV £13,750 and the standard 2016/17 uniform business rate multiplier is 48.4p in the pound.
Strictly by appointment with the selling agents BYCROFT COMMERCIAL. Tel. 01493 844489