Available
King’s Lynn – Three-Storey Vacant Retail
10 Blackfriars Street, King's Lynn, Norfolk PE30 1NEFreehold Vacant Retail Investment
Investment Consideration
- ERV: £18,000 p.a. GIT: 10.00%
- Comprises ground floor retail shop with ancillary accommodation at first and second floor
- Suitable for variety of uses (Class E)
- Situated in the heart of the town centre within short walk from Kings Lynn Train Station, with occupiers nearby including Papa Johns Pizza, Ladbrokes, Majestic Cinema, H&M and more.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
Comprises ground floor retail shop with further retail/staff accommodation at first and second floor, providing the following accommodation and dimensions:
Ground Floor: Two shop areas, work area, kitchen, wc
First Floor: Lounge, sitting room, kitchen and a room
Second Floor: Bedroom, bathroom
Total GIA: 188 sq m (2,023 sq ft)
Ground Floor: Two shop areas, work area, kitchen, wc
First Floor: Lounge, sitting room, kitchen and a room
Second Floor: Bedroom, bathroom
Total GIA: 188 sq m (2,023 sq ft)
Tenancy Description
The entire property is at present vacant. ERV: £18,000 p.a.
Location Description
King's Lynn is a port and commercial centre located on the River Great Ouse, 41 miles west of Norwich and 34 miles north-east of Peterborough. The town benefits from being adjacent to the A47, which links the town to both Norwich and Peterborough and the A10 which is the main route to Cambridge. The property is situated in the heart of the town centre within short walk from Kings Lynn Train Station, with occupiers nearby including Papa Johns Pizza, Ladbrokes, Majestic Cinema, H&M, Hays Travel and many more.