MapResidential development for sale
Features and description
- Tenure: Freehold
- Mixed use premises
- One bedroom duplex flat
- Building plot with PP 06/07/0973/F
- Prominent High Street position
- Great investment opportunity
- Potential yield £13,200pa with further scope
- Guide price: £150,000 to £175,000
- For sale by livestream auction
- Unless previously sold or withdrawn prior
- 11:00am, Wednesday 12th February 2025
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 12TH FEBRUARY 2025 AT 11:00AM
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
Great investment for a mixed use property with building plot to rear in a prominent position in the High Street in Gorleston.
Ideal mixed use investment opportunity offering a shop on the ground floor, with separate access to a one bedroom duplex flat above. Currently vacant, the shop was producing £6,000 pa and the flat has the potential to yield £7,200pa.
On the land at the rear of the property, planning permission has been granted by Great Yarmouth Borough Council for a single storey dwelling Ref: 06/07/0973/F. Once built this would create further income. This opportunity would suit a builder searching for an investment in the local area.
Shop Retail area with lobby and W.C. to rear
Flat Stairs lead to first floor, sitting room, kitchen, shower room and utility area, stairs to second floor bedroom
Building plot Accessed to the side of the building the rear garden has been granted planning permission for a single story dwelling Ref: 06/07/0973/F
Council Tax Band A
Tenure: Freehold
EPC Rating: B (Shop)
Administration Fee: 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Buyer's Premium Fee: £960 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
About this agent
