Industrial for sale in 86 Middle Market Road, Great Yarmouth, Norfolk NR30

For sale by auction on Wednesday, 20 Mar 2024 at 11:00

Venue: Livestream Auction

Town centre 34 sq/m ground floor commercial property with potential for range of uses

Planning permission was granted on 1st February 2024 to allow this property to be used for any purposes within Class E within the hours of 07.00 and 22.00 seven days a week.

This freehold property is currently in use within this scope and is to be sold with vacant possession. It is in good decorative order, is on a predominantly residential street and has the potential and planning permission for many different uses.

It is located close to the beach and town centre.

Description
Large open plan space with warm wooden flooring / kitchen area (which could be removed to increase open plan space) / wc (with adjoining storage room - which could be removed to increase open plan space)

Great Yarmouth
Great Yarmouth is a major employment area with a strong manufacturing and warehousing base and a busy seaport with deep water outer harbour serving the offshore oil and gas industry. The area has been enhanced in recent years by a steady programme of road improvements which have provided a vastly

improved road link to London, the industrial centres of the Midlands and the North. A new deep water outer harbour is now completed and a third river crossing is nearly complete.

Planning
Change of use was granted by Great Yarmouth Borough Council on 1st February 2024 for Variation of Conditions 2 and 3 and removal of

condition 4 of pp. 06/06/0676/cu (Change of use from barber shop to coffee shop), to remove the requirement for premises to only be used solely as a cafe and to allow for use of the premises to any use in class E, and to vary

opening time restrictions, and to allow the sale of food and drink for consumption off the premises. Application number 06/23/0892/vcu. Further details can be found on the public access website of Great Yarmouth Borough Council

Use Class E – Commercial, Business and Service
Use, or part use, for all or any of the following purposes—

a) for the display or retail sale of goods, other than hot food, principally to visiting members of the public,
b) for the sale of food and drink principally to visiting members of the public where consumption of that food and drink is mostly undertaken on the premises,
c) for the provision of the following kinds of services principally to visiting members of the public—

(i) financial services,
(ii) professional services (other than health or medical services), or

(iii) any other services which it is appropriate to provide in a commercial, business or service locality,
d) for indoor sport, recreation or fitness, not involving motorised vehicles or firearms, principally to visiting members of the public,
e) for the provision of medical or health services, principally to visiting members of the public, except the use of premises attached to the residence of the consultant or practitioner,
f) for a creche, day nursery or day centre, not including a residential use, principally to visiting members of the public,
g) for—

(i) an office to carry out any operational or administrative functions,
(ii) the research and development of products or processes, or

(iii) any industrial process, being a use, which can be carried out in any residential area without detriment to the amenity of that area by reason of noise, vibration, smell, fumes, smoke, soot, ash, dust or grit.

Business Rates
According to the valuation office website, the cafe and premises has an area of 34 sq/m and a rateable value of £2,450 with effect from 1st April 2023.

Additional Fees
Buyers Premium: £300 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.