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Marine Parade Shadingfield Close, Great Yarmouth, NR30 3JG
Use Class
E
Size
12,119 sq ft
Rent pa
£95,000
Formal offers from interested parties by 5pm on Monday 29th March. For Sale - Well Secured Leisure Investment.
Great Yarmouth is third largest seaside destination in the UK
Prominent location on Great Yarmouth’s sea front, opposite Wellington Pier and the towns South Beach
Well regarded and longstanding business
New 10 year lease
Let to Grosvenor Casinos Ltd, D&B Rating 5A2
Rent passing of £95,000 per annum
Offers are sought in the region of £1,100,000
Attractive net initial yield of 8.16%
Grade II Listed
Great Yarmouth remains one of the most popular seaside resorts in the UK, with annual tourism numbers equating to five million people with an annual spend of £591 million and over 4 million ‘hotel nights’. The towns seafront has seen extensive recent investment and refreshment works along its famous ‘Golden Mile’. The town has also seen significant improvements to its road network and linkage to London and the Midlands. The property is located on Marine Parade, facing the towns beach and opposite the Wellington pier. There are numerous other local tourist attractions and hotels in the immediate vicinity.
Misrepresentation Notice
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
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This was last updated on 20/04/2021