Retail Property (high street) to rent

15 Wales Court Shopping Centre, High Street, Downham Market, Norfolk. PE38 9JZ, High Street, Downham Market

£958 pcm
3,066 sq. ft.

Property Description

Commercial information

  • 3,066 sq ft (284 sq m)

Letting information:

Furnishing: Unfurnished
Letting type: Commercial

Key features

  • A1 Use
  • BUSINESS RATES EXEMPTION APPLIES
  • Good Natural Light
  • Good Passing Trade
  • WC's

Full description

THIS PROPERTY BENEFITS FROM BUSINESS RATES EXEMPTION.

A1 retail premises to let which has most recently traded as a building society. The space comprises of the following accommodation:

Ground Floor: 1,758 Sq Ft
First Floor: 1,308 Sq Ft

RENT STRUCTURE:
£11,500 + VAT Year 1
£15,000 + VAT Year 2
£20,000 + VAT Year 3
£24,000 + VAT Year 4


CONDITIONS:
Minimum 4 year lease term outside Landlord & Tenant Act with NO provision for breaks or rent free.

The property currently comprises a large open plan banking hall with modular offices. Behind the banking counter is further ancillary accommodation and stairs leading to the first floor.

The first floor comprises L-shape open plan office with corner modular meeting room. Male and female cloakrooms and good sized kitchen.

Located in the busy pedestrianised Wales Court Development close to Boots and Iceland and Savers. The town is a mix of a good range of local retailers with Morrisons and Tesco supermarkets nearby and weekly markets held on both Fridays and Saturdays.

The town has a good range of public amenities including Infant, Middle and High Schools, health facilities, swimming pool, public gym and library.

Downham Market is a traditional Norfolk market town, situated in the west of the county on the A10, some 10 miles south of the sub-regional centre of King’s Lynn, and 35 miles north of Cambridge.

The town has a mainline railways station on the King’s Lynn to London line (King’s Cross approximately 1 hour, 20 minutes), and has an estimated population of 9,000 and serves a substantial catchment area comprising the outlying villages. The town has experienced considerable development over recent years with further expansion planned for the future.

THIS PROPERTY BENEFITS FROM BUSINESS RATES EXEMPTION.


Nearest stations

  • Downham Market (0.5 mi)
  • Watlington (4.9 mi)
Distances are straight line measurements from centre of postcode

Map & Street View

Nearest stations

  • Downham Market (0.5 mi)
  • Watlington (4.9 mi)
Distances are straight line measurements from centre of postcode

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