0 bed property

The property is a freehold commercial investment located on the High Street in Yarmouth, a vibrant and affluent harborside town. The building is a large commercial unit on the ground floor, currently used as a takeaway/restaurant facility, which is not currently fully utilized. The unit is fitted for a restaurant and has a large trading area. The upper floors are owned separately on a ground leasehold arrangement as residential apartments. The commercial unit has a current lease for the balance of a 20-year term from 2015, with a passing rent of £12,000 per annum. The premises qualify for complete small business rates relief and have a rateable value of £11,500.