Retail for sale

A substantial and prominently positioned former bank building offering versatile accommodation over three floors, suitable for a range of commercial uses or redevelopment, with strong potential for subdivision or conversion (subject to planning).
14 Hall Quay, Great Yarmouth. - Paul Hubbard Commercial are delighted to present a fantastic commercial investment opportunity, situated on Hall Quay in Great Yarmouth, available for sale or lease.
14 Hall Quay is a substantial and prominent former bank premises occupying a highly visible waterfront position within Great Yarmouth town centre. The property sits directly opposite one of the main bridges into the town, benefitting from strong levels of passing traffic and footfall throughout the day.
There are a number of established businesses in the immediate vicinity, and the building is within easy walking distance of the main shopping area, seafront and local amenities. Please note there is no on-site parking.
The property extends to approximately 3,256 sq ft arranged over basement, ground and first floor levels, providing generous accommodation that could suit a range of commercial occupiers or alternative uses.
The location also offers good transport links, being situated close to Great Yarmouth railway station with straightforward connections into Lowestoft and Norwich.
Having been vacant for several years, the building now requires refurbishment and modernisation, presenting an opportunity for investors, developers or owner occupiers to reposition the asset. Whilst the overall structure appears sound, a programme of works will be needed to bring the accommodation up to modern standards and make it suitable for contemporary use.
Previously used as a banking hall, the layout provides large open internal areas and a strong frontage which could suit a variety of uses including retail, office accommodation, leisure or events space. The previous tenant was paying rent in the region of £32,500 per annum, which helps give an indication of the level of income the building has historically supported.
There may also be potential to subdivide the accommodation to create smaller commercial units, which could widen the pool of potential occupiers. In addition, the building could lend itself to residential conversion or mixed-use redevelopment, subject to the necessary planning consents being obtained.
The current rateable value for the property is £12,500, and the EPC rating is E.