Springfield Road, Great Yarmouth£365,000
On MarketSteel & Co Commercial Property Services - 01502 44600055a Sringfield Rd
- Fully tenanted freehold generating £25,800 annual income
- Two commercial units with long-term, reliable tenants
- Two 1-bedroom flats rented, earning £11,400 yearly
- Prime location near Gorleston town centre and James Paget Hospital
- Excellent transport links via A47 to Norwich and Great Yarmouth
- Secure investment with strong income and growth potential
Prime Investment Opportunity – Freehold Mixed-Use Property in Gorleston
A fantastic opportunity to acquire a fully tenanted freehold investment property in the popular coastal town of Gorleston-on-Sea. Currently generating a total annual income of £25,800, this mixed-use property offers a solid return with established tenants in place, providing an immediate and hassle-free investment.
The property comprises two ground-floor commercial units, both occupied by long-term tenants. The first unit is a fish and chip shop operating on a 5-year lease, while the second is a beauty and tattoo studio with a 10-year lease. Together, these businesses generate an annual rental income of £14,400. Above the commercial premises, the property includes two well-presented one-bedroom flats, both currently rented, contributing a further £11,400 per year. This combination of commercial and residential income streams offers excellent diversification and stability for any investor.
Situated on the edge of Gorleston town centre, the property benefits from a thriving coastal location renowned for its stunning beach, vibrant high street, and strong sense of community. The surrounding dense residential area ensures steady footfall for the businesses below. Key location advantages include proximity to James Paget Hospital, a major local employer generating consistent demand for residential accommodation, excellent road links via the A47 providing access to Great Yarmouth, Norwich and beyond, and a thriving rental market supported by a mix of independent and national businesses.
This fully let property represents an ideal investment opportunity with immediate income, long-term tenants, and strong potential for capital growth. With a combined annual income of £25,800, it offers a secure and attractive addition to any portfolio, whether you are expanding existing holdings or entering the commercial property market for the first time.
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