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42-44 King St
Thetford IP24 2AP

Retail Property For Sale

Shops & Retail Properties Norfolk Thetford 42-44 King St, Thetford, NFK IP24 2AP

Investment Highlights

  • A town centre investment property
  • Large window frontage
  • Ease of access

Executive Summary

The freehold of the property is available subject to the existing tenancies.
The premises comprise two retail units fronting King Street, one being a lock-up shop the other having first floor accommodation located at the rear. To the first floor there is a 3-bedroom flat with self-contained access from King Street.
The premises occupy a good location in the pedestrianised section of King Street on the edge of the prime retail core.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,234 SF
Building Class
B
Year Built
1900
Price
£795,000
Price Per SF
£356
Net Initial Yield
7.75%
NOI
£61,600
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Frontage
47 ft on King Street

Amenities

  • Bus Route
  • Commuter Rail
  • Storage Space

Links

 

  • Listing ID: 21309424

  • Date on Market: 23/10/2020

  • Last Updated:

  • Address: 42-44 King St, Thetford IP24 2AP

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