About this property

Detailed Description

7 Market Place offers a rare opportunity to purchase a prime retail unit in the centre Holt prominently located in the Market Place with parking nearby. The unit is being sold with vacant possession having been run for several years as a popular café having previously been HSBC Bank. The unit would suit a range of uses and provides an excellent investment opportunity.

The property offers well proportioned open accommodation over two floors which could be suitable for a variety of uses subject to planning and will be ready for immediate occupation or letting on completion.

Location

Holt is a busy former market town situated in the centre of north Norfolk, an area considered by many as one of England's finest. It is home to the famous Gresham's School and is a very popular destination for holidaymakers, second home owners and the retired.

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 Holt has remained strong for over a decade with few vacancies throughout recent economic uncertainties.

Holt has a catchment population of about 13,400 with a wider catchment area reaching from Cromer and Overstrand to the east, Melton Constable and Thursford to the west and Saxthorpe to the south of almost 45,000 residents.

The town lies less than 5 miles from the scenic coastal villages of Blakeney and Cley-next-the-Sea along the coastal Area of Outstanding Natural Beauty while the cathedral city of Norwich, with its airport and frequent rail service to London Liverpool Street, is only 23 miles to the south.

Accommodation

Ground Floor 87.8 m2 (945 ft2)
First Floor 42.7 m2 (460 ft2)

Floor areas are approximate.

Business Rates

Rateable Value £21,250
1 April 2023 £25,000

Services

We have not carried out tests on any of the services or appliances and interested parties should arrange their own test to ensure these are in working order.

Viewing

Strictly by appointment with the sole selling agent:-

VAT

It is understood that VAT is not applicable.

Legal Costs

Each party will be responsible for their own legal costs incurred in documenting the sale.

Terms

Offers are invited for the premises freehold with vacant possession.