34 Market Place Great Yarmouth Norfolk NR30 1LX

34 Market Place
Great Yarmouth
Norfolk
NR30 1LX

Freehold Retail Investment

  • Let to Yours Clothing Limited
  • Prominent position on the pedestrianised Market Place
  • Opposite Market Gate Shopping Centre
  • Nearby occupiers include Boots, Holland & Barrett, WH Smith and Santander
  • Lot
    60
  • Auction
    13th July 2017
  • Rent
    £39,500 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of Trustees
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Retail Investment

  • Let to Yours Clothing Limited
  • Prominent position on the pedestrianised Market Place
  • Opposite Market Gate Shopping Centre
  • Nearby occupiers include Boots, Holland & Barrett, WH Smith and Santander
  • Lot 60
  • Auction 13th July 2017
  • Rent
  • Status Withdrawn Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of Trustees

Property Information

Location
Miles
19 miles east of Norwich, 74 miles north of Colchester
Roads
A12, A47, A143
Rail
Great Yarmouth
Air
Norwich International Airport
Situation

The property occupys a prominent position on the western side of the pedestrianised Market Place. Market Place is a historic and bustling market street, which hosts its famous markets twice a week. Opposite the property is the Market Gate Shopping Centre, which houses occupiers including Boots, Wilko, Card Factory and JD Sports. Other nearby occupiers include Holland & Barrett, WH Smith and Santander.

Tenure

Freehold.

Location
Miles
19 miles east of Norwich, 74 miles north of Colchester
Roads
A12, A47, A143
Rail
Great Yarmouth
Air
Norwich International Airport
Situation

The property occupys a prominent position on the western side of the pedestrianised Market Place. Market Place is a historic and bustling market street, which hosts its famous markets twice a week. Opposite the property is the Market Gate Shopping Centre, which houses occupiers including Boots, Wilko, Card Factory and JD Sports. Other nearby occupiers include Holland & Barrett, WH Smith and Santander.

Tenure

Freehold.

Description

The property comprises a Grade II Listed four storey building currently arranged to provide a ground floor retail unit with basement, first and second floor ancillary accommodation. The basement is accessed via a hatch

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a Grade II Listed four storey building currently arranged to provide a ground floor retail unit with basement, first and second floor ancillary accommodation. The basement is accessed via a hatch

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
Ground
First
Second
Basement
Retail
Ancillary
Ancillary
Ancillary
176.23 sq m
132.38 sq m
118.54 sq m
Not measured
(1,897 sq ft)
(1,425 sq ft)
(1,276 sq ft)
YOURS CLOTHING
LIMITED (1)
20 years from
25/03/1999
£39,500 25/03/2019
Total
427.15 sq m
(4,598 sq ft)
    £39,500  

(1) For the year ending 31st June 2016, Yours Clothing Limited reported a turnover of £65,687,523, pre-tax profits of £1,872,914 and a total net worth of £6,225,683 (Source: Experian Group 14/06/2017). Yours Clothing have over 70 stores across the UK, as well as stores in the Middle East (Source: yoursclothing.co.uk 20/06/2017)

Property Documents

  • Site Plan
    Updated Date
    21.06.17
    File Size
    3 MB
    View PDF
  • Catalogue Page
    Updated Date
    21.06.17
    File Size
    900 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Legros Solicitors James William House, 9 Museum Place
Cardiff
CF10 3BD
Shelley Jones 02920 368 575shelley@legrossolicitors.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now