Retail in Gorleston-on-Sea available for sale
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Retail Property for Sale near Gorleston-on-Sea, Great Yarmouth

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Explore the Latest Gorleston-on-Sea Retail Properties for Sale

More details for 83 Magdalen Way Way, Great Yarmouth - Retail for Sale

83 Magdalen Way Way

Great Yarmouth, NR31 7AA

  • Retail for Sale
  • £355,000
  • 1,626 sq ft

Great Yarmouth Retail for Sale - Gorleston-on-Sea

Investment Consideration: VAT is NOT applicable to this property Comprises ground floor retail shop and a 3-bed flat at first/second floor Property benefits from rear service yard and parking for 2 cars Nearby occupiers include Morrisons, Coral, Post Office and Lloyds Pharmacy. Property Description: Mid-terrace building comprising retail shop at ground floor and 3-bedroom flat at first/second floor. The property benefits from rear service yard with 2 parking spaces and provides the following accommodation and dimensions: Ground Floor Shop: 74 sq m (796 sq ft) Open plan retail, Storage, Kitchenette, WC First/Second Floor Flat: 77 sq m (830 sq ft) 3 Bedrooms, Living Room, Kitchen, Bathroom/WC Total GIA: 151 sq m (1,626 sq ft) Tenancy: The retail shop is at present let to an Individual* for a term of 10 years from 29th September 2015 at a current rent of £7,900 per annum and the lease contains full repairing and insuring covenants. Deposit held of £3,600. *Note – Lease assignment from 31 August 2016. The residential flat is at present let on AST to an Individual for a term of 12 months from 29th July 2022 at a current rent of £7,500 per annum. Location: Gorleston-on-Sea, known colloquially as Gorleston, is a town in the Borough of Great Yarmouth, in Norfolk, England. The town lies approx. 3 miles south of Great Yarmouth and benefits from good road links via the A12. The property is located close to the junction with Stuart Close within an established retail parade, with occupiers nearby including Morrisons`s Daily, Coral, Post Office, Lloyds Pharmacy and Barnardo’s, amongst others.

Contact:

Blue Alpine Partners Ltd

Date on Market:

21/09/2022
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Retail Properties for Sale Within 5 miles of the Gorleston-on-Sea, Great Yarmouth

More details for 6 St Peters Rd, Great Yarmouth - Retail for Sale

6 St Peters Rd

Great Yarmouth, NR30 3AY

  • Retail for Sale
  • £275,000
  • 2,483 sq ft
  • 1 Unit Available

Great Yarmouth Retail for Sale

A rare opportunity to acquire this well-established store which is ideally positioned within the heart of a residential housing estate and benefits from high levels of passing foot traffic. The premises which will be included within the lease agreement occupies this commercial unit only, and is considered a “lock-up” opportunity, with NO residential dwelling included. The business has become very popular and is heavily relied upon by nearby residents and those using the nearby amenities. The annual passing rent is £12,000. This profitable store which was previously a McColl’s shop, has recently been re-fitted and branded with the symbol group, One Stop. We are advised there is 4-years remaining of a 5-year supply agreement.

Contact:

Christie & Co

Property Subtype:

Shopfront Retail / Residential

Date on Market:

18/11/2025
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LoopNet UK Norfolk Great Yarmouth Retail Properties For Sale in Gorleston-on-Sea, Great Yarmouth, UK

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FAQs about Retail property for sale in Gorleston-on-Sea

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How many Retail Property listings are available for sale in Gorleston-on-Sea?
There are currently 1 Retail Properties available for sale near Gorleston-on-Sea. These Gorleston-on-Sea Retail Property listings have an average size of 1,626 sq ft. The largest available listing in Gorleston-on-Sea is 1,626 sq ft. The thriving commercial centre and excellent transport links in Gorleston-on-Sea make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in Gorleston-on-Sea?
The average price/SF for Retail Property for sale in Gorleston-on-Sea is about £160. The cost per sq ft for Retail Property in Gorleston-on-Sea ranges from £160 to £160, depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in Gorleston-on-Sea?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from £160 to £160 per square foot. While the average net initial yield for Retail Properties is 4.34%.
What is the largest Retail Property available for sale in Gorleston-on-Sea?
Currently, the largest Retail Property available to buy is 1,626 sq ft and the smallest is 1,626 sq ft. The average size of Retail Property available for sale in Gorleston-on-Sea is approximately 1,626 sq ft.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the Gorleston-on-Sea, Great Yarmouth

With 1 retail units currently available for sale in Gorleston-on-Sea, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Gorleston-on-Sea, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Gorleston-on-Sea, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Gorleston-on-Sea can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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