The property is located on King Street a popular and bustling retail area within Great Yarmouth Town Centre. There are a wide variety of national and local retailers close by including Archant, Clarks Shoes, CEX, Subway and River Island.
The subject property comprises an attached self contained two storey building. The ground floor of the property provides an open plan retail unit which benefits from prominent frontage and full height display windows to King Street. Internally the unit has been fitted out to include laminate timber flooring and the majority of the walls retain shop fittings. There is a mixture of spot and fluorescent lighting. To the rear of the unit there is a large store area a managers office and other smaller store rooms. There is rear access for delivery and bins to the side via an alleyway.
Stairs and a lift lead to the first floor which was most recently used for storage purposes, although it is possible for ancillary sales from this area as well. There are other rooms together with toilets and a kitchen.
We have measured the property in accordance with the Royal Institution of Chartered Surveyors code of measuring practice and the following net internal floor areas are provided:-
Sales area 276.47 sq m (2,976 sq ft)
Ancillary storage and offices 157.23 sq m (1,692 sq ft)
The property is available by way of an assignment at nil premium or by way of a new subletting for a shorter term. Incentives and flexibility will be provided subject to the status of the applicant.
The property is assessed for business rates purposes as retail premises. The current rateable value is £42,000 following the 2017 revaluation. Therefore the ingoing tenant would pay in the region of £21,000 rates payable.
The subject property forms part of the main High Street retailing area and has a planning consent for A1 (Retail). Due to the mix of other retailing in this immediate area we are confident that other uses would be permitted and we anticipate both A2 (Financial and Planning) and A3 (Restaurant and Café) uses being suitable, subject to formal planning consent.
Strictly by appointment with the selling agents BYCROFT COMMERCIAL, tel: 01493 844489.