Auction House UK · 21 Oct 2026 · in 2 days
Freehold commercial investment let producing £4,044 pa
128-130 Lowestoft Road, Gorleston, Great Yarmouth, Norfolk NR31 6ND · East of England
LiveRetailFreeholdLet
- Guide
- £35,000
- Rent a year
- £4,044
- Yield on the guide
- 11.6%
- Payback
- 8.6 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- C
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
C from the government EPC register, lodged 18 Oct 2021 (certificate 4127-1414-1233-2885-7011). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
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Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Auction House UK's record
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Create an accountAbout the lot
Freehold retail lot in Great Yarmouth. Producing £4,044 a year, a 11.6% gross yield at the guide.
Lot 160, Shop. Freehold commercial investment let producing £4,044 pa: This single storey attached commercial property extends to around 72.5 sq/m. Originally two shops it has been let to the same florist tenant for some 30 years. It trades as Glendas Sprig of Heather and the current rent is £337 pcm (£4,044 pa). It requires improvement and has been in the same family ownership for around 40 years. The property has been entered onto the Valuation Office Agency website as a shop and premises with area of 72.5 sq/m with a rateable value of £5,200. Tenure: Freehold. Ground floor: Shop, workshop, store room, toilet. Outside: Front area. Business rates: Current rateable value (1 April 2026 to present) £5,200. Services: Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. Solicitors: KJL Solicitors, Ref: Rachael Harvey, Tel: 01603 717520
Figures come from Auction House UK's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.