COMMERCIAL
Block of Commercial Investment Properties
Guide Price
£400,000
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- COMMERCIAL INVESTMENT OPPORTUNITY
- 3 COMMERCIAL UNITS
- BLOCK OF 4 FLATS
- CURRENTLY LET
- FULL DETAILS AVAILABLE
Description
The Norfolk Agents are pleased to be able to offer this superb investment opportunity for sale. The premises are situated close to the hospital, the popular area of Gaywood with many recreational and shopping facilities including Tesco, Aldi, dentists, launderette/dry cleaner, schools and chemist and the Kings Lynn town centre is easily accessible. The premises have the benefit to use a free, public car park at the rear of the building.
3- 5 Wootton Road, Kings Lynn PE30 4EZ and 1b, c and d River Lane, Kings Lynn.
This building comprises 3 occupied residential units, 3 occupied commercial units, a communal stairwell/hall and some nominated parking spaces shared between Betfred and 1e River Lane. The building has brick walls, single glazed windows and a mostly tiled roof with additions.
TENANCY DETAILS :-
3 x residential Units -known as 1b, c and d River Lane, Kings Lynn PE30 4ED - Periodic tenancies
1 d - Periodic Tenancy retaining 1 month notice period as per the original term.
Second floor.
Tenancy 01/09/2021 - present
This unit comprises a three bedroom flat.
Council Tax Band A
EPC Rating - C - The full report is available to download or can be provided by The Norfolk Agents
1c - Periodic Tenancy with 2 month notice period to vacate
Tenancy 15/7/2026 - present
This unit comprises a studio flat with separate kitchen.
Council Tax Band A
EPC Rating - D - The full report is available to download or can be provided by The Norfolk Agents
1b - Periodic Tenancy with 2 month notice period to vacate
Tenancy 19/06/2026 - present
This unit has one bedroom with a separate private bathroom across the hall. There is no plumbing for washing machine.
Council Tax Band A
EPC Rating - D - The full report is available to download or can be provided by The Norfolk Agents
Combined rental for 3 residential flats - £1465 per calendar month.
3 Commercial Units secure with the Landlord and Tenant 1954 Act
1E River Lane
£416.66 from 03/10/2025 -02/10/2028 (long term likely)
This unit comprises a hall, waiting room, reception room, kitchen area and cloakroom.
Total floor area 80 sq metres approx
The unit is currently used as a beauty salon.
EPC Rating C - The full report is available to download or can be provided by The Norfolk Agents.
Unit 1, 3 Wootton Road, Kings Lynn (currently trading as a phone repair shop)
This unit comprises main shop with approx 3 metre frontage and depth of 6.2m widening out to a width of 3.55 metres and a depth of 3.5 metres. Cloakroom with door giving access to communal entrance hall and rear car parking area.
Total floor area 31 sq metres approx.
£1,250 per quarter 01/09/2020 - 31/08/2030
EPC - TBC
Betfred, 3-5 Wootton Road, Kings Lynn
Recess door with display unit to main shop area and cloakroom.
Total floor area - 145 sq metres approx
£17,000 per annum 19/08/2026 - 18/08/3031
EPC Rating B - The full report is available to download or can be provided by The Norfolk Agents.
1. To comply with the Money Laundering Regulations, we must verify your identification documents and source of funds. These checks are carried out by Coadjute, a regulated third-party provider. A £45 fee (+ VAT) per client applies to cover administration and verification, payable at the outset.
2. While we endeavour to make our sales details fair, accurate and reliable, they are only a general guide to the property. If there is any point which is of particular importance to you, please contact the office and we will be pleased to make further investigations.
3. The measurements indicated are supplied for guidance only.
4. Please note we have not tested the services or any of the equipment or appliances in this property. We strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. THE NORFOLK AGENTS LIMITED NOR ANY OF ITS EMPLOYEES HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATSOEVER IN RELATION TO THIS PROPERTY.
Block of Commercial Investment Properties
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Kings Lynn Station0.8 miles
About The Norfolk Agents, Fakenham
Marston & Langinger House, 13 George Edwards Road, Fakenham, NR21 8NLIndustry affiliations:
Notes
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