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Marine Parade Shadingfield Close, Great Yarmouth, NR30 3JG

£ 95,000 pa / 12,119 sq ft
Marine Parade, Great Yarmouth - Picture 2021-03-09-17-31-04
Use Class

Use Class

E

Size

Size

12,119 sq ft

Rent pa

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.

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This was last updated on 20/04/2021