Theatre Plain, Great Yarmouth

Guide price £350,000-£375,000. Set close to Great Yarmouth’s coastline and everyday amenities, this mixed-use investment opportunity generates income from four self-contained one-bedroom flats, each achieving £600-£700 pcm, and a ground-floor commercial unit let at approximately £1,875 pcm. Benefiting from strong visibility, a prominent trading position and excellent levels of passing footfall, the commercial premises comprises a shop floor, store and WC. The residential accommodation offers bright, modern interiors and remains attractive to long-term tenants. With the property fully occupied and providing an established income stream, it represents a straightforward addition to an established or growing investment portfolio.
The Location
King Street sits within Great Yarmouth’s historic core, a short walk from the seafront and the wide stretch of coastline that defines the town’s character. Its position places you close to everyday essentials, with local shops and supermarkets dotted around the surrounding streets, and regular bus routes running through the centre for straightforward links across town and towards Norwich. The railway station is within reach for wider travel, while the beachfront, promenade and nearby cultural spots offer a lifestyle shaped by both convenience and access to the water. It’s an area where residential streets, independent businesses and the coastal setting come together in a way that supports practical day‑to‑day living without overstating anything.
Ground-Floor Retail Unit
Occupying a prime town centre position with excellent levels of passing footfall, this ground-floor retail unit represents an attractive investment opportunity.
The property is currently let to an established clothing retailer, generating an approximate rental income of £1,875 per calendar month.
The accommodation comprises a shop entrance leading to a well-presented sales area, together with a store room and WC facilities.
Benefiting from strong visibility and a prominent trading location, the unit offers a secure income stream within a sought-after commercial setting.
King Street Apartments (1-4)
The upper floors of the buildings contains four self‑contained one‑bedroom flats, each sold with tenants in situ and currently achieving between £600–£700 pcm.
Each flat presents a modern interior with an open‑plan kitchen/dining area fitted with grey gloss cabinetry, integrated ovens and designated space for appliances. Large windows bring in generous natural light, creating a bright and welcoming living environment.
A double bedroom and bathroom facilities complete the layout, providing comfortable and practical accommodation for long‑term tenants.
With all four units fully occupied and set within a sought‑after Norfolk seaside town, this property offers immediate income and strong ongoing rental appeal.
Agents Notes
Freehold.
Gas central heating system.
Connected to mains water, electricity, gas and drainage.
Council Tax Band for the flats: A.
Service charges for 2026 (Ground-floor commercial unit and flats):
Commercial unit general maintenance - £478.45
Commercial unit management fees - £322.58
Building insurance - £252.06
Flats general maintenance - £1,004.75
Flats management fees - £677.42
Flats building insurance - £529.33
Please call our Caister office for further information.
Disclaimer
Minors and Brady (M&B) along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client. We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract. To comply with AML regulations, £52 is charged to each buyer which covers the cost of the digital ID check. It’s recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.