- Well Located Mixed-Use Investment Opportunity
- Parking Available
- Potential for Upper Floor Residential Conversion (STP)
- Current income of £10,800 pa with Potential of £18,800 pa
- Asset Management Opportunity
Well Located Mixed-Use Commercial Investment Opportunity. Parking Available. Potential for Upper Floor Residential Conversion (STP). Current income of £10,800 pa with Potential of £18,800 pa. Asset Management Opportunity
About this property
Detailed Description
The property comprises a mixed-use investment opportunity, incorporating a ground floor commercial unit (dog groomers) with a self-contained first floor office. Each part of the building benefits from its own independent access .
The property is built in traditional carrstone construction with a modern brick built extension with wooden double glazed windows beneath a slate roof. The property offers an .
Internally , the ground floor comprises an open-plan retail area with a prominent display window, together with a W/C, kitchen and rear store.
The first floor has its own independent access and stair case which leads to three sperate offices / storage areas with a kitchen and W/C. The space offers potential for residential conversion (STP).
Location
The Seaside market town of Hunstanton is a popular and thriving coastal holiday resort with varying leisure and coastal amenities with a population of approximately 5,000 and situated on the
North-West Norfolk coast.
The town is accessed via the A149 from King's Lynn (16 miles) to the south, and the A149 from Cromer (42miles) to the west.
The property is situated on Westgate and Valentine Road junction which sits near the main High Street. 94 Westgate sits adjacent to Sainsbury and directly opposite a mixed commercial parade comprising offices, shops and amenities, including Scarletts , Honey Pots Studio, Library and the McCarthy & Stone Eastland Grange development.
Accommodation
The property has the following (approximate) net internal floor area:
Description | Sqft| Sqm
Ground floor shop | 915| 85.04
First Floor Office | 786| 73.02
Total NIA |1,701| 158.06
Business Rates
The property may benefit from Small Business Rates Relief which may reduce the rates payable. Please contact the Local Authority for more information.
Services
Mains water, electricity, gas and drainage are connected. 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 Selling Agent.
VAT
It is understood that VAT will be applicable on the sale.
Legal Costs
Each party will be responsible for their own legal costs incurred in documenting the sale.
Terms
The property is offered for Sale Freehold.
To arrange a viewing contact
Market Chambers, 25-26 Tuesday Market Place, King's Lynn, Norfolk, PE30 1JJ
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Brown&Co