1 & 2 High Street, Kings Lynn PE30 1BX, 7a & 7b Saturday Market Place, Kings Lynn PE30 5DQ

4 bedroom property for sale

Guide price £420,000

Ground Floor Commercial Premises Commercial premises with two entrance doors from the High Street, formerly two retail units now combined into one. Currently arranged as a café and reading room, with preparation kitchen, toilet facilities, first-floor office, staff WC, and rear yard with lockable storage. Current Rent: £12,000 per annum. Residential Flats and Office Separate entrance from the Saturday Market Place leading to communal stairs serving the office and residential accommodation. Flat 7a (First Floor) Two bedrooms, large living room, kitchen, and shower room. Current Rent: £8,300 per annum. Flat 7b (Second Floor) Two bedrooms, large living room, kitchen, and shower room. Current Rent: £9,000 per annum.

Cruso & Wilkin are delighted to offer this investment portfolio for retained clients looking to dispose of their freehold interest in the property, subject to the existing lease / tenancies. As at the date of preparing these particulars the commercial and residential elements are all let, generating a gross rental income of £29,300 per annum.

Directions

Parking on Saturday Market Place (Council Car Park). Looking directly opposite towards the High Street, the property is located on the convergence of High Street and Saturday Market Place identified by our Sale Board, the postcode and What Three Words below.

Council Tax Band & Business Rates

Flat 7a - Council Tax Band A

Flat 7b - Council Tax Band A

1 & 2 High Street Rating £15,500

Energy Performance Certificates

1 & 2 High Street - Band B (Expiry September 2030), 7a Flat - Band D (Expiry June 2032), 7b Flat - Band D (Expiry December 2029).

Services

Independently metered electricity supplies

Mains Water

Mains drainage

 

Viewing Arrangements

Strictly by prior appointment with the Landlord’s Agent, Cruso & Wilkin, telephone: 01553 691691. All viewings to be conducted during daylight hours only. Prior arrangements required to provide notice to the respective tenants.

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