Springfield Road, Great Yarmouth

Prime Investment Opportunity – Freehold Mixed-Use Property in Gorleston

This is a fantastic opportunity to acquire a fully tenanted freehold investment property in the ever-popular coastal town of Gorleston, Norfolk. Generating a total annual income of £25,800, this mixed-use property offers a solid return with established tenants in place.

The Property
The property comprises two ground-floor commercial units, both occupied by long-term tenants:
• A fish and chip shop operating on a 5-year lease
• A beauty and tattoo studio on a 10-year lease
Together, these businesses generate an annual rental income of £14,400, ensuring immediate returns for any investor.
Above the commercial premises, the property also benefits from two well-presented one-bedroom flats, both currently rented out, bringing in an additional £11,400 per year. This mix of commercial and residential income streams provides excellent stability and diversification.

Location – Why Invest in Gorleston?
Gorleston is a thriving coastal town known for its stunning beach, bustling high street, and strong sense of community. This property is perfectly positioned on the edge of the town centre, surrounded by a dense residential area with plenty of "chimney pots" ensuring steady footfall for the businesses below.

Key location benefits include:
• Close proximity to James Paget Hospital, a major local employer bringing consistent demand for residential accommodation.
• Excellent road links via the A47, providing easy access to Great Yarmouth, Norwich, and beyond.
• A vibrant and growing town with a strong rental market and a mix of independent and national businesses.

Investment Potential
This fully let property provides immediate rental income with long-term tenants in place, making it an ideal hassle-free investment. The strong local demand for both commercial and residential properties in Gorleston ensures excellent long-term capital growth potential.
With a combined income of £25,800 per annum, this is a secure and attractive investment in a sought-after location. Whether you're looking to expand your portfolio or take your first step into commercial property investment, this is an opportunity not to be missed.