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16 Brook Street, Cromer, Norfolk, NR27 9EY
574 sq. ft. (53.33 sq. m.)
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For the Freehold
£75,000
Investment

Commercial Freehold and Residential Leasehold Investment Property in the Centre of Cromer.

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About this property

Detailed Description

16 Brook Street is positioned close to the main thoroughfare connecting Church Street and Tucker Street.
The Freehold of the property consists of a commercial premises which is currently let and two leasehold flats.

The Commercial Property is currently let as a hairdressing salon with the main retail area, store and a W.C.

Location

Cromer is an attractive and popular seaside town on the north Norfolk coastline. The town is vibrant and boasts a wide range of facilities and shops ranging from large national chains such as Argos, Halfords and Iceland as well as a variety of cafes, restaurants and shops as well as traditional seaside shops selling buckets and spades and seaside gifts.

The town is one of North Norfolk's 'Principal Settlements' and as such is a primary retail destination with a strong collection of both local and national retailers. Demand for commercial property in Cromer has remained relatively strong for over a decade with few vacancies. Cromer has a population of about 7,500 (2021 census) which increases markedly during the busy summer months.

The cathedral city of Norwich, with its airport and frequent rail service to London Liverpool Street, is located about 23 miles to the south.

Accommodation

Ground Floor 53.4 m2 (574 ft2).
Residential Properties not measured

All measurements are approximate and taken from the VOA.

Business Rates

Rateable Value £4,700


Viewing

Strictly by appointment with the sole selling agent:-

Terms

16 Brook Street:- £5,200 p.a. ending 11th November 2028
Ground Rent Flats 1 & 2:- £50 per annum per flat.

Details of all tenancies are available on request.

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To arrange a viewing contact

1A Market Place, Holt, Norfolk, NR25 6BE

07788 778148

01263 711167

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