High Street, Great Yarmouth NR31

This freehold mixed-use property presents a compelling opportunity for investors and developers in the bustling Gorleston High Street, just moments from the coastal seafront. The ground floor commercial unit, previously utilized as a restaurant, is now available for new ventures. Its adaptable layout features a spacious main trading area, kitchen facilities, restroom, and ample storage options including a basement. Additionally, an outdoor seating area enhances its appeal for hospitality-related businesses. This prime location has historically generated an annual rental income of £19,300, demonstrating its strong investment potential. Above the commercial space lies a well-maintained three-bedroom maisonette with independent access. This versatile accommodation was most recently rented for £10,500 per annum and is suitable for long-term tenants or as holiday accommodation. With comfortable living spaces including a fitted kitchen and lounge across two levels, it provides an excellent residential option. Situated in a vibrant community with numerous shops, cafes, and services nearby, along with high foot traffic year-round and proximity to Gorleston Beach, this property holds substantial potential for enhanced return on investment through strategic renovations or re-letting initiatives.