Mixed use for sale
Key information
Features and description
- Tenure: Freehold
- Great mixed use investment opportunity
- Formerly a popular cafe
- Industrial Quay in Gt Yarmouth
- Potential to convert to two flats (STPP)
- Full refurbishment required
- Guide price: £60,000 - £80,000
- For sale by livestream auction
- Unless previously sold or withdrawn prior
- 11:00am, Wednesday 12th February 2025
SOLD AT AUCTION - £72,000
Formerly Ivy's Cafe this mixed use property is now in need of full refurbishment and is located on the industrial side of the North Quay
The premises were formerly ran for many years as Ivy's Cafe and had support of local trade. The property has accommodation above and is in need of full refurbishment but offers possibilities subject to necessary planning to be converted into two flats above. There is an enclosed courtyard outside which could provide parking or storage area. Located off North Quay and near the newly built Herring bridge on the south side of Great Yarmouth.
Ground Floor (Ivy's Cafe) Two restaurant seating rooms serving desk, kitchen, staff room bathroom, rear hall with stairs to first floor, access to rear courtyard
First Floor Five rooms (two interconnect), sitting room, shower room, kitchen, two staircases to ground floor
Outside Enclosed courtyard with outside w.c.
Council Tax Band A
Business Rates According to the Valuation Office website the premises has a current rateable value of £5,100 with effect from 1 April 2023.
Viewings Viewings are being held strictly by appointment only. There are opportunities to view on Monday 10th February
Please contact the Norwich Office to book your appointment time
Tenure: Freehold
EPC Rating: Please refer to Legal Pack
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.
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