Property description

The subject property comprises a traditional warehouse building which as been altered and refurbished to provide a quality showrooms offices , loading area together with high grade heated warehouse.

The property is well appointed and forecourt parking is up to 6 cars is provided to the front of the property. There is a rear yard area accessed via a small road way from George Street. Various outbuildings are also provided.

Front Shop Area - 788 sq ft (73.19m2)

Front Warehouse - 1,265 sq ft (117.53m2)

Rear Warehouse - 1,615 sq ft (150.7m2)

Lease
The property is held on the remainder of a 75 year ground lease granted by the Mayor Aldermen and Burgesses of the County Borough of Great Yarmouth. The lease commenced on the 29th September 1945 therefore expiring on the 28th September 2020.

Services
Mains 3 phase electricity, water and drainage are connected to the property.

Business Rates
Business Rates payable is £3,511.20.Small business rate relief - You can get small business rate relief if you only use one property and your property's rateable value is less than £12,000. You'll get 100% relief until 31 March 2017 for properties with a rateable value of £6,000 or less. This means you won't pay business rates on properties with a rateable value of £6,000 or less. The rate of relief will gradually decrease from 100% to 0% for properties with a rateable value between £6,001 and £12,000.

Term
The remainder of the long leasehold interest is available at a premium of £75,000.

Legal Costs
Each party will be responsible for their own legal costs.

Property Features :

• Prominent road frontage
• Private car parking
• Suitable for Trade / Retail B1 & B8 uses
• Immediately avaialble
• Service front and rear access