Charity shop building sold amid 'keen interest'
- Credit: Clive Emson
A commercial property in the heart of Great Yarmouth has sold at auction for £155,000.
The premises at 167 King Street was among 127 lots being offered by regional land and property auctioneers Clive Emson across southern England.
Paul Bridgeman, regional director and auctioneer, said: “We anticipated keen interest from investors and that proved to be the case, with a £155,000 purchase price.
“The ground floor shop premises is let and the upper parts, which were formerly a solicitor’s office, may offer potential for re-letting or conversion to residential, subject to planning permissions.
"However, we are not privy to any plans the new owner may or may not have.”
He added: “The building is part-let at £12,000 per annum on a commercial lease to the Salvation Army and the upper parts are currently used as additional storage by the organisation under a licence agreement, but will be vacated by January.”