16 Bridge Street, Downham Market, Norfolk, PE38 9DH
- SIZE
Ask agent
- SECTOR
Mixed use property for sale
Key features
- FOR SALE BY AUCTION ON THURSDAY 18TH SEPTEMBER 2025 (unless sold prior)
- FREEHOLD
- Producing £14,750 per annum
- Gross Yield 10.5%
- In the same family ownership for over 35 years
Description
Located close to the junction with High Street in the heart of the town centre, a few yards from Town Square and opposite Market Square which houses the Town Hall and such multiples as Greggs, Boots and Iceland Supermarket, as well as the car park and the twice weekly
market. Downham Market Railway Station (Great Northern) is approx. ½ mile distant.
Downham Market is an attractive town located on the A10 some 10 miles south of King's Lynn and 20 miles north of Cambridge.
PROPERTY
A Grade II Listed detached building comprising a Ground Floor Shop with internal access and separate side access (see Note 1) to a Self-Contained Flat and 2 Offices on the first floor.
In addition, there is parking for 4 cars at the rear of the property.
VAT is NOT applicable to this Lot
FREEHOLD
ACCOMMODATION
Ground Floor Shop
Gross Frontage 16'8"
Internal Width 14'1"
Shop Depth 41'4"
Built Depth 80'0"
Rear Kitchen Area Approx. 105 sq ft
Rear Office/Store Area Approx. 205 sq ft
WC
First Floor Flat
2 Bedrooms, Living Room,
Kitchen, Bathroom/WC
GIA Approx. 730 sq ft
First Floor 2 Offices
Area Approx. 250 sq ft
TENANCY
The entire property is let on a full repairing and insuring lease to Countrywide Estate Agents Limited (having over 650 branches across over 60 brands - visit: for a term of 25 years from 25th December 1989 (see Note 2) at a current rent of £14,750 per annum exclusive.
Note 1: The separate side access leads to a communal hallway that also links the front of the shop with their rear Kitchen and Office/Store.
Note 2: The Tenant has been holding over since 2014 and no Notices have been served, but the Landlord is in negotiations with the Tenant on terms for a new lease.
Note 3: We understand that the Tenant is not currently using the Flat and the 2 Offices on the first floor. Under the Landlord & Tenant Act 1954, the Landlord does not have to include these elements in any new lease.
Note 4: There is a 6 Week Completion.
Energy Performance Certificates
EPCBrochures
16 Bridge Street, Downham Market, Norfolk, PE38 9DH
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Downham Market Station0.4 miles
- Watlington Station4.9 miles
Notes
Disclaimer - Property reference DownhamMarket. 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 Barnett Ross, Barnett Ross. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Barnett Ross, Barnett Ross on 020 8106 0950.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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