North Lynn Business Village, King's Lynn, Norfolk, PE30 2JG
£3.92 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
10,200 sq ft
948 sq m
- SECTOR
Commercial property for sale
Description
The Ground Rents are secured on 8 small purpose built office buildings located on a substantial employment area about 2 miles east of Kings Lynn
town centre as shown on the location plan.
Description
North Lynn Business Village extends to 12 small 2 storey office buildings built of brick under pitched tile covered rooves in the 1990's. The buildings
extend to about 10,200 sf together with 48 car spaces on a 1.27 acre site as shown on the Promap.
Units 1-4 were sold off freehold some years ago and do not form part of the sale.
Flexible Heading 2
Income:
Current income totals £1,921.00 pa
Rent Reviews:
The Ground Rents are reviewable every 5 years to 1% of the Rack Rental Value of the building.
Next Reviews 2024.
Tenure Comments
Freehold.
Price
£40,000
Subject to Contract. Equating to a Gross Initial Yield 5%
Inspection
Lucy Warriner
Lucy.
Mobile:
Brochures
North Lynn Business Village, King's Lynn, Norfolk, PE30 2JG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Kings Lynn Station1.3 miles
About Fifield Glyn Limited, Cheshire
1 Royal Mews, Gadbrook Park, Rudheath, CW9 7UD
Notes
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