Auction House UK · 21 Oct 2026 · in 2 days
Substantial former bank building with off road parking set in 0.12 acre plot (stms)
4 Church Plain, Great Yarmouth, Norfolk NR30 1PL · East of England
LiveRetailFreeholdVacant
- Guide
- £180,000
- Rent a year
- ≈£19,500est.
- Yield on the guide
- ≈10.8%est.
- Payback
- ≈9.2 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- F
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
F from the government EPC register, lodged 14 Oct 2026 (certificate 9905-5050-4854-7192-8490). Rated F or G: in England and Wales it can't be let, or stay let, without a registered exemption (MEES, since April 2023). Budget for works or check the exemption register.
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. Offered vacant, so there's no income from day one.
Lot 164, Commercial Property. Substantial former bank building with off road parking set in 0.12 acre plot (stms): This impressive former bank building is located in a prominent position near the Market Place. It has had a range of uses over the years, most recently as a community hub and is now to be sold with vacant possession. The property has potential for a variety of uses including residential, office and restaurant, subject to the necessary consents being obtained. The property is not listed and lies within a conservation area. It now requires refurbishment to realise its full potential. According to the valuation office website the property has an area of 280 sq/m, six car park spaces and a rateable value of £23,500 with effect from 1st April 2026. Tenure: Freehold. Ground Floor: Four office rooms, two store rooms, shop, safe room, w.c., kitchen. First Floor: Landing, male and female wc, kitchen, three rooms, boiler room. Outside: Rear yard providing off road parking, access via rear double wooden gates. Business Rates: According to the Valuation Office website the office and premises has a current rateable value of £23,500 with effect from 1 April 2026. Services: Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. Solicitors: Chamberlins (Great Yarmouth), Ref: Paul Ward, Tel: 01493 857621
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.