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Caister-On-Sea

48  High Street
Caister-on-Sea
NR30 5EH

E: caister@minorsandbrady.co.uk
T: 01493 806188

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Station Road
Hoveton
NR12 8UR

E: lettings@minorsandbrady.co.uk
T: 01603 801844

Wroxham

6  Church Road
Wroxham
NR12 8UG

E: homes@minorsandbrady.co.uk
T: 01603 783088

Dereham

9a  Market Place
Dereham
NR19 2AW

E: dereham@minorsandbrady.co.uk
T: 01362 700820

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107  Unthank Road
Norwich
NR2 2PE

E: norwich@minorsandbrady.co.uk
T: 01603 365085

 

Diss

46-47 Mere St
Diss
IP22 4AG

E: diss@minorsandbrady.co.uk
T: 01379 771444

Oulton Broad

2a Ivy Lane
Oulton Broad
NR33 8QH

E: oultonbroad@minorsandbrady.co.uk
T: 01502 447788

Sold STC

Fullers Hill, Great Yarmouth

Guide Price £160,000Freehold

112
Brochure

Key Information

Tenure:Freehold
Council tax band:B
Broadband:up to 53Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Acquire this building for the potential of three separate incomes
Ground floor commercial shop with current tenants that have been in place for 8 years, providing reliable and promising rental income
Additional revenue potential with a prominent billboard on the side of the property
First-floor flat that can be rented out for additional income, with an open-plan kitchen/dining/living room, a bedroom and a bathroom
Gated access to a paved area for bin storage, offering convenience for tenants in the flat and shop owners
High foot traffic area in the heart of Great Yarmouth, perfect for a retail business
Situated in the popular town of Great Yarmouth, close to local amenities and transport links

Description

Presenting to the market this incredible investment opportunity, with three potential incomes and the opportunity for growth. Located in the heart of Great Yarmouth is a shop that has been leased to reliable tenants for the past 8 years, providing steady income. It features a prominent billboard for extra revenue and potential to create a ground-floor studio (stpp). The shop is in a high-traffic area, offering great visibility and accessibility. Above, a first-floor flat generates additional income but requires modernisation. The flat includes an open-plan kitchen/living area, a double bedroom, and a bathroom, along with gated access for bin storage.

Location

This home is located in the popular town of Great Yarmouth, the UK's third most desired seaside destination, also adjoining the highly sought-after Norfolk Broads. The town benefits from a wide range of local amenities and great leisure facilities including schooling, supermarkets, shopping centres, pubs, restaurants, bars, cinemas, swimming pools and theme parks. The town has its train and stations with fantastic transport links into the Cathedral City of Norwich (approx. 30 min drive). The area has been enhanced in recent years by a steady programme of road improvements which have provided a vastly improved road link to London, the industrial centres of the Midlands and the North.

Fullers Hill

This well-positioned shop in the heart of Great Yarmouth has been home to the current reliable tenants for the past 8 years, providing a steady and promising income stream. The property features a prominent billboard on the side, offering an additional source of revenue. With the potential to create an extra ground-floor studio (subject to planning permission), there is room for future growth and development. Located in a central and high-traffic area, the shop benefits from excellent visibility and accessibility, making it an ideal investment opportunity in a thriving location.

Stairs lead up to the first floor flat, an additional form income, where you are greeted by a welcoming hallway. The open-plan kitchen/dining/living room requires modernisation, with units and a cooker. The space is filled with natural light, creating an inviting spot for your seating arrangements and dining set-up. Accommodation consists of a double bedroom and a bathroom, comprising of a three piece suite. Gated access opens into a paved area, for your bin storage.

Agents Notes

We understand that this property is freehold.

Connected to mains water, electricity, gas and drainage.

Heating system - Gas central heating in the flat, electric heating in the shop.

1 allocated parking space via the carpark, right of way £30 p/a.

Tenants in situ paying £670 pcm for the shop.

Council Tax Band: A (flat)

Viewings not available

St Nicholas Priory CofE VA Primary School
(0.14 miles)
Good
Number of pupils: 415
Age Range: 4 - 11
Northgate Primary School
(0.42 miles)
Good
Number of pupils: 412
Age Range: 4 - 11
Novaturient School
(0.46 miles)
Good
Number of pupils: 18
Age Range: 11 - 16
Cobholm Primary Academy
(0.49 miles)
Good
Number of pupils: 137
Age Range: 3 - 11
Southtown Primary School
(0.7 miles)
Requires improvement
Number of pupils: 193
Age Range: 4 - 11
St George's Primary & Nursery School, Great Yarmouth
(0.7 miles)
Good
Number of pupils: 235
Age Range: 4 - 11
Great Yarmouth Charter Academy
(0.76 miles)
Good
Number of pupils: 811
Age Range: 11 - 19
Edward Worlledge Ormiston Academy
(0.91 miles)
Good
Number of pupils: 328
Age Range: 4 - 11
Great Yarmouth Primary Academy
(1.15 miles)
Good
Number of pupils: 396
Age Range: 3 - 11
North Denes Primary and Nursery School
(1.27 miles)
Good
Number of pupils: 410
Age Range: 2 - 11

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£800 /mo.25 Years, 4.5% Interest
Loan
£144,000
Total Repay
£240,120

Stamp Duty

You’ll have to pay the stamp duty of:
£700
0% up to £125,000
2% from £125,000 to £160,000
Your effective stamp duty rate is 0.44%

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