Vacant 17,488 sq/ft leisure property & two flats

This substantial freehold property is located in a prime tourist position in the middle of Great Yarmouth seafront on what is know as the "Golden Mile". The property comprises of a large two storey building with prominent frontage onto Marine Parade. The property has traded as 'Yesterday's World' for a number of years and is now to be sold with vacant posession. Yesterdays World was an emporium of the past, an all weather museum attraction with various themed areas. Either side of the property are amusement arcades and the property is located opposite the Marina Centre Swimming Pool complex. There are two self contained flats on the first floor. Flat One was recently let at £430pcm (£5,160p.a.), however is now vacant. Flat Two is let at £425pcm (£5,100p.a.) on a six month AST. Floor plans are available from the Auctioneers.

Tenure

Freehold

The property provides a unique opportunity for a new themed attraction or other leisure uses such as bar, nightclub or amusement arcade subject to the necessary consents being obtained. According to the Valuation Office website the property is described as a themed attraction and premises, has an area of 1,620.9 sq/m and has a rateable valuable of £83,000 with effect from 1st April 2010.

Description:

Ground Floor: Retail zone A, B, C, cash room, kitchen, office.

Mezzanine:

Internal storage & display area.

First Floor:

Display area.

Outside:

Garage/parking bay.

Viewing

Open days - dates and times to be confirmed

Energy Efficiency Rating (EPC)

Current Rating Commercial F Flat 1 C Flat 2 E

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Great Yarmouth Borough Council. Tel: 01493 856100

Solicitors

Funnell & Perring Solicitors, 192-193 Queens Road, Hastings, East Sussex TN34 1RG, Ref: 00, Tel: (01424) 426287

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ VAT), payable on exchange of contracts.

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