High Street, Gorleston-On-Sea
£200,000 Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page
High Street Shop Investment
High Street Shop Investment
DESCRIPTION
Location: Gorleston-on-Sea is a charming coastal town situated on the east coast of England, nestled between the North Sea and the River Yare estuary. Located in the county of Norfolk approximately 20 miles east of Norwich, this picturesque destination offers a perfect blend of sandy beaches and traditional seaside charm. With a population of approximately 24,000, the town exudes a friendly and welcoming atmosphere. Visitors can enjoy leisurely walks along the promenade, admire the historic beach huts, and explore the delightful town centre filled with shops, cafes, and pubs. The area's rich maritime history is reflected in its scenic harbour and maritime-themed attractions.
Premises: The property comprises a prime high street retail unit, with generous storerooms and parking within a shared private car park.
The subject premises are prominently positioned on the High Street, in the prime retailing area of the town. Nearby occupiers include Subway, KFC, Greggs, Iceland, Boots, Super Drug, Domino’s Pizza, and Barclays.
The property is tenanted by a Nail/Beauticians Shop with ground floor sales space and first floor with office and stores. The property is currently let on a 10-year FRI lease which commenced in 2022 at an annual rent of £15,000 pax, the lease has a three yearly upwards only rent review provision.
VAT: will not charged on the sale price.
Legal Costs: Each party will be responsible for their own legal costs incurred in documenting the sale.
Terms: The property is offered for sale freehold.
Please note that all areas, measurements, and distances given in these particulars are approximate and rounded. The text, photographs and floor plans are for general guidance only.
Larkes have not tested any services, appliances, or specific fittings - prospective purchasers are advised to inspect the property themselves. All fixtures, fittings and furniture not specifically itemised within these particulars are deemed removable by the vendor.
Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page
Size The size of a property or land refers to its physical extent or area. Read our glossary page
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Use Class A commercial use class refers to a classification system that categorises buildings based on their intended commercial purposes, such as offices, retail spaces, or industrial facilities. Read our glossary page
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