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WH Smith 7 Norfolk Street KING'S LYNN Norfolk PE30 1AR United Kingdom

£750,000

£62.66 per sq ft

Business rates & charges may apply

Colliers International Property Consultants Limited, Retail
SIZE AVAILABLE

11,969 sq ft

1,112 sq m

SECTOR

Commercial property for sale

USE CLASSUse class orders: A1 Shops

A1

Key features

  • Prime retail pitch in the heart of King`s Lynn.
  • Let to WH Smith Retail Holdings Limited until 24 June 2029.
  • Recently rebased rent of £70,000 per annum.
  • This WH Smith is the primary store for the West Norfolk area and comprises the main King`s Lynn Post Office.

Description

Colliers is pleased to present this attractive town centre retail investment, on behalf of Joint Liquidators.

Offers in excess of £750,000 (Seven Hundred and Fifty Thousand Pounds) exclusive, subject to contract. A purchase at this level would reflect a net initial yield of 9% (assuming purchaser`s costs of 5.4%).

WH Smith 7 Norfolk Street KING'S LYNN Norfolk PE30 1AR United Kingdom

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kings Lynn Station0.3 miles

About Colliers International Property Consultants Limited, Retail

95 Wigmore Street London W1U 1FF

Colliers International is the world's third largest commercial real estate organisation with 530 offices in 62 countries.

In the UK we employ over 700 people in 12 main offices and we understand how important in-depth local knowledge is to our clients. However, being an integral part of the newly aligned Colliers International also gives our clients access to over 12,300 professionals around the world and allows us to share comprehensive market knowledge and intelligent insight into market trends globally as well as important relationships across the international marketplace.

This combination of unrivalled global coverage, accountability and financial strength with local ownership and expertise provides our clients with a unique operating model, one which ensures we can deliver comprehensive and truly pertinent solutions for each and every one.

Notes

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Disclaimer - Property reference a031p000016JqKuAAK. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Colliers International Property Consultants Limited, Retail. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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