3 Vision Park
Queens Hills
Norwich
NR8 5HD
King Street, Great Yarmouth
Offers In Excess Of £1,800,000
21 Bedroom
- Elegant Investment
- 3 Shop Units
- 11 Apartments
- Townhouse
- Car Parking
- Immediate Income
- Close To Town
- Freehold -10% Yeild
- Air BnB Allowed
- Parking
**INVESTMENT OPPORTUNITY with 10% YIELD**. Welcome to Great Yarmouth, at 149 - 150 King Street, this remarkable building is a true gem that captures the essence of seaside charm and modern convenience. The property stands as a substantial and elegant structure, making it a prominent feature in this vibrant town. Just a stone's throw away, residents and visitors alike can enjoy a delightful array of shops and restaurants, with the picturesque park leading directly to the famous seafront, renowned for its arcades, casinos, and lively nightlife.
This impressive building is thoughtfully arranged over three floors, complemented by cellar areas, and features three commercial units on the ground floor. Above these commercial spaces, you will find eleven well-appointed residential flats spread across the ground, first, and second floors, alongside an attached three-storey townhouse. All residential units are currently let to third-party tenants, ensuring a steady income stream. Not forgetting the well established Air BnB's which are a very busy side of this investment building.
Having undergone a meticulous conversion and refurbishment approximately ten years ago, the property boasts a high standard of finish and specification, making it an attractive option for both investors and tenants. This outstanding property presents a rare investment opportunity in a sought-after location, combining the allure of seaside living with the practicality of a well-established rental income. Whether you are looking to expand your investment portfolio or seeking a prime location for your business, this property is not to be missed.
1 Townhouse
Three storey property - Ground Floor, Entrance hall. Cloakroom, Utility room, Bedroom, Ensuite
First Floor - Lounge/kitchen
Second Floor - Landing, Bedroom, Study, Bathroom.
Flat 2
Ground Floor
Hall, Bathroom, Kitchen, two bedrooms, lounge and cupboard.
Flat 3
First Floor
Entrance Hall, Cupboard, Lounge/Diner/Kitchen, Two bedrooms and Bathroom. Balcony
Flat 4
First Floor
Entrance Hall, Cupboard, Bedroom, Lounge/Kitchen and Bathroom. Balcony
Flat 5
First Floor
Entrance Hall, Cupboard, Two Bedrooms, Lounge, Kitchen and Bathroom. Balcony
Flat 6
First Floor
Entrance Hall, Cupboard, Two Bedrooms, Lounge/Kitchen and Bathroom. Balcony
Flat 7
First Floor
Entrance Hall, Bedroom, Lounge/Kitchen, Bathroom and Cupboard. Balcony
Flat 8
Second Floor
Entrance Hall, Cupboard, Lounge/Kitchen/Diner, Bathroom, and Two Bedrooms. Balcony
Flat 9
Second Floor
Entrance Hall, Cupboard, Bedrooms, Lounge, Kitchen and Bathroom. Balcony
Flat 10
Second Floor
Entrance Hall, Cupboard, Two Bedrooms, Lounge, Kitchen and Bathroom.
Flat 11
Second Floor
Entrance Hall, Cupboard, Two Bedrooms, Kitchen/Lounge and Bathroom. Balcony
Flat 12
Second Floor
Entrance Hall, Cupboard, Lounge/Kitchen, Bedroom and Bathroom. Balcony
Unit A Dominos Shop
This unit comprises waiting/servery/kitchen and chiller area. Plant room, Locker room, office, Preparation area, Toilet/lobby, stock room, Stock area. Total area approx 117.82 m2
Unit B - Office
Retail area and stock room. Total approx area 51.55 m2
Unit C - Kierans Carpets
Retail area, Toilets, Studio, Store, Kitchen, Cellar retail area. Area approx 169.82 m2
Cellar rooms 95.53 m2
Total 434.72 m2
Outside
Private Car Park to the rear.
Agents Note
In accordance with Section 21 of the Estate Agent Act 1979, we declare that there is a connected person in the sale of this property. The property is being sold by a connected person known to Think Property.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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