120 Norfolk Street, King's Lynn, PE30

The Property
Mixed use freehold property with a ground floor commercial unit and a four bedroom residential flat above, each with their own private entrances.
With an existing HMO-style setup and expired planning permission to extend the upper floors by 3 metres to the rear, this property is bursting with potential for investors, developers, or business owners alike.

While the building would benefit from some refurbishment and general modernisation, it offers significant scope for value enhancement and rental yield increase, whether retained as a combined commercial/residential unit, converted entirely to residential use (STPP), or extended to maximise footprint.

Ground Floor – Commercial Unit:
Previously operated as a takeaway and pizzeria, the commercial space features a full-width glazed shopfront onto Norfolk Street with prominent signage potential. Inside, the main counter and customer area leads to a well-equipped commercial kitchen including a walk-in cold room, preparation areas, and two customer/staff WCs.

The space could be reactivated as a takeaway, café, or retail outlet (subject to usage confirmation), or reconfigured to suit alternative commercial purposes.

First & Second Floors – Residential Flat (4 Bedrooms):
Accessed separately via a front entrance, the upper floors are currently arranged as a four-bedroom flat, most recently used as an HMO-style rental. The layout includes:

Four individual bedrooms (spread across both floors)

A communal kitchen/diner

A shared bathroom

While the accommodation requires updating, it offers excellent rental potential, especially with further enhancement or reconfiguration.

Location
Situated on Norfolk Street, a busy pedestrian thoroughfare in central King’s Lynn, the property enjoys high footfall and excellent visibility. It is just moments from the High Street, Vancouver Quarter Shopping Centre, supermarkets, bars, cafes, and banks. The train station (with services to Cambridge and London King’s Cross) is within walking distance, and nearby car parks provide customer and tenant convenience.

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Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required.