38-40 Broad St 4,284 SF Retail Unit Offered at £400,000 in Kings Lynn PE30 1DP

INVESTMENT HIGHLIGHTS

  • Large display window on high street
  • Lots of big name retailers close by
  • Lots of local parking

EXECUTIVE SUMMARY

King’s Lynn is the historic and attractive principle town of West Norfolk with a resident population of approximately 43,000. It is located 36 miles north east of Peterborough, 44 miles north of Cambridge and 44 miles west of Norwich. There is a direct rail service to London Kings Cross in 1 hour 43 minutes.

PROPERTY FACTS

Price £400,000
Unit Size 4,284 SF
No. Units 1
Total Building Size 4,284 SF
Property Type Retail (Unit)
Property Subtype Storefront
Sale Type Investment or Owner User
Building Class B
Number of Floors 2
Typical Floor Size 2,600 SF
Year Built 1937
Lot Size 0.08 AC

1 UNIT AVAILABLE

Unit 38

Unit Size 4,284 SF
Price £400,000
Price Per SF £93.37
Unit Use Retail
Sale Type Investment or Owner User
Tenure Freehold
DESCRIPTION

This unit comprises a ground floor retail unit with storage space on the first floor.

SALE NOTES

The property is available as a freehold purchase at £400,000 or alternatively, by way of a new 10 year lease with a Year 5 rent review at a commencing rental of £35,000 per annum exclusive.

AMENITIES

  • Bus Route
  • Commuter Rail
  • Storage Space

NEARBY MAJOR RETAILERS

Santander
eurochange
Bakers + Baristas
Heron Foods
Barclays
HSBC
Lounges
Costa Coffee
Sainsbury's
Caffe Nero
  • Listing ID: 31997645

  • Date on Market: 03/06/2024

  • Last Updated:

  • Address: 38-40 Broad St, Kings Lynn PE30 1DP