Commercial Freehold and Residential Leasehold Investment Property in the Centre of Cromer.
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.
To arrange a viewing contact
Register with us and we will email you properties matching your search requirements.
Brown&Co