Light industrial facility extending to around 17, 140 sq/ft (1,592 sq/m) part let producing around £34,000 pa

This substantial former fish house has accommodation over three floors extending to over 17,000 sq ft. Over thirty years ago the building was split into a variety of workshops, studios and stores. It is part let, part vacant and currently seven units are let producing around £34,399 pa. The property occupies a prominent corner position at the junction of Admiralty Road, Sutton Road with Middle Road East. It is close to the outer harbour, new Herring Bridge river crossing and the renewable energy business park. An exciting investment opportunity with scope to generate further income from the vacant areas.

Tenure

Freehold

Business Rates

According to the valuation website the units are individually rated. Further information at www.tax.service.gov.uk/business-rates-find/results

Letting Schedule

Ground floor Unit 1 let to Discount Sheds at £500 pcm (£6,000 pa) Unit 2 let to Lease Furnishings at £400 pcm (£4,800 pa) Unit 3 previously at £400 pcm (£4,800 pa) currently vacant Unit 4 let to Stalwart Safety at £266.64 pcm (£3,199.68 pa) Unit 5 let to Supalign Construction at £600 pcm (£7,200 pa) First floor Unit 6 let to Anglian Studios at £400 pcm (£4,800 pa) Unit 7 let to Crunch Musician at £400 pcm (£4,800 pa) Second floor Unit 8 let to a camera and security business at £300 pcm (£3,600 pa)

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Great Yarmouth Borough Council

Solicitors

HKB Wiltshires (Great Yarmouth), Ref: Sue Foxon

Additional Fees

Administration Charge - £1200 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.