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£365,000Mixed use for sale
9 Mount Street, Cromer, Norfolk, NR27 9DB
Mixed use
2420
Key information
Tenure: Freehold
Council tax: Ask agent
Broadband: Ultra-fast 10000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Convenient town centre location
- Close proximity to main retail parade
- Two ground floor commercial units and two residential flats on upper floors
- Further unoccupied unit offering scope for return increase or residential use
- Passing rent of £22,140 pa
- Potential erv £27,640 pa
- Reversionary yield of 7.36%
The property comprises a prominent end-terrace, three-storey brick constructed building under a pitched tiled roof.
Unit 1, currently occupied by Crown Barbers, is arranged over two floors. The ground floor provides open-plan retail accommodation, with ancillary office/storage, kitchen, and WC facilities at first-floor level.
The adjacent ground floor retail unit is separately accessed from Cambridge Street via a small courtyard. It is currently unoccupied and requires redecoration and fit-out for commercial retail/office use, or conversion to residential (STP).
There are two further self-contained one-bedroom flats, both accessed via a third, separate doorway off Cambridge Street. Each flat comprises a kitchen, living room, and bathroom.
Unit 1, currently occupied by Crown Barbers, is arranged over two floors. The ground floor provides open-plan retail accommodation, with ancillary office/storage, kitchen, and WC facilities at first-floor level.
The adjacent ground floor retail unit is separately accessed from Cambridge Street via a small courtyard. It is currently unoccupied and requires redecoration and fit-out for commercial retail/office use, or conversion to residential (STP).
There are two further self-contained one-bedroom flats, both accessed via a third, separate doorway off Cambridge Street. Each flat comprises a kitchen, living room, and bathroom.
Property information from this agent
About this agent
Whether you are a commercial investor, developer, or a business seeking premises from which to prosper, receiving the right commercial property advice from suitably qualified and experience professionals is key – and Arnolds Keys is the ideal partner to offer that advice. With a locally-based team of qualified Chartered Surveyors with unrivalled experience in the regional commercial property market, we can offer top quality advice and a huge range of services to help you achieve the best from your commercial property holdings, or the most from your premises. Because we provide a complete property service, we offer many additional areas of expertise in-house, which means that we can help you efficiently, rapidly and effectively, all from within our highly skilled team of experts. Our commercial property services include: commercial agency – sales and lettings building consultancy land and development investment and strategic portfolio advice acquisitions commercial valuations business rates review rent review negotiations lease renewal negotiations asset management compulsory purchase development appraisal