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Mixed use for sale
Gorleston, Great Yarmouth NR31
£150,000
Gorleston, Great Yarmouth NR31
£150,000
Our Summary
- FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 11TH DECEMBER 2024 AT 11:00AMTO 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
- to rearFlat Stairs lead to first floor, sitting room, kitchen, shower room and utility area, stairs to second floor bedroomBuilding 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/FCouncil Tax Band A
Description
This property is a mixed-use investment opportunity located in Gorleston's High Street, offering a shop on the ground floor and a one-bedroom duplex flat above. The shop was previously generating £6,000 per annum, while the flat has potential to yield £7,200 per annum. The property also comes with a building plot at the rear, which has been granted planning permission for a single-story dwelling, adding further income potential. The property is being sold freehold, with an EPC rating to be confirmed in the legal pack. A buyer's premium fee and administration fee will apply, along with any disbursements listed in the legal pack. This opportunity would suit a builder or investor looking for a mixed-use investment in the local area.