About this property

Detailed Description

3 Bond Street is positioned close to the main thoroughfare connecting Church Street and Mount Street.
The Freehold of the property consists of a commercial premises which is currently let and a single long leasehold flat together with a vacant basement.

The Commercial Property is currently let as a retail shop with the main retail area, store/kitchen 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 Retail Unit 59.3 sq. m. (638 sq. ft.).
Basement and flat not measured
All measurements are approximate.

Business Rates

Rateable Value £5,700.

Viewing

Strictly by appointment with the sole selling agent:-

Terms

3 Bond Street :- £8,040 p.a. ending 1st March 2036
Resi Ground Rent on a 99 year lease granted in 2007:- £100 per annum.

Details of tenancy is available on request.