The Old Malthouse 75 Howard Street Great Yarmouth Norfolk NR30 2PU

The Old Malthouse
75 Howard Street
Great Yarmouth
Norfolk
NR30 2PU

Town Centre Retail Parade

Three Retail Units (One with Vacant Possession)
Opposite Victoria Shopping Arcade and close to Market Gates Shopping Centre
Adjacent to King Street Car Park, the town centre’s largest car park
For the Seller's Legal Pack, please click the Property Documents tab below

Lot
90
Auction
19th May 2016
Rent
£11,260 per Annum Exclusive
Status
Sold Post
Price
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Town Centre Retail Parade

Three Retail Units (One with Vacant Possession)
Opposite Victoria Shopping Arcade and close to Market Gates Shopping Centre
Adjacent to King Street Car Park, the town centre’s largest car park
For the Seller's Legal Pack, please click the Property Documents tab below

Lot 90
Auction 19th May 2016
Rent £11,260 per Annum Exclusive
Status Sold Post
Price
Sector
High Street Retail
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

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

Situation

The property is located on the western side of Howard Street, close to its junction with Regent Street. Victoria Arcade, an indoor boutique style shopping centre, is located directly opposite the property with King Street Car Park, the town centre's largest car park, adjacent. Within a short walk is the prime pedestrianised shopping thoroughfare of Market Place, home to Market Gates Shopping Centre, which houses retailers including Boots the Chemist, Topshop, JD Sports and Game.

Tenure

Virtual Freehold. Held on two separate titles for terms of 999 years from 12th January 2005 and 12th January 2006 at a peppercorn rent.

Location

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

Situation

Tenure

Virtual Freehold. Held on two separate titles for terms of 999 years from 12th January 2005 and 12th January 2006 at a peppercorn rent.

Description

The property comprises three ground floor retail units, which form part of a larger building.

Six Week Completion

VAT

VAT is applicable to this lot.

EPC

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

Description

The property comprises three ground floor retail units, which form part of a larger building.

Six Week Completion

VAT

VAT is applicable to this lot.

EPC

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

Tenancy & Accommodation

Unit No.	Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reversion
1	Ground	Coffee Shop	32.20 sq m	(347 sq ft)	WESTWICK COFFEE SHOPS LTD (WITH PERSONAL GUARANTEE)	5 years from 24/12/2008	£5,760 (1)	23/12/2013 (2)
2/3	Ground	Hairdressing Salon	75.40 sq m	(812 sq ft)	INDIVIDUAL t/a Gossip Hairdressers (WITH PERSONAL GUARANTEE)	23 years from 29/09/1991	£5,760	28/09/2014 (2)
4	Ground	Retail	54.30 sq m	(584 sq ft)	VACANT POSSESSION
Total Commercial Area			164.90 sq m	(1,775 sq ft)			£11,520