Investment opportunity comprising two retail premises within this Grade II listed property in the centre of the town

These two retail units set within a Grade II Listed building, are currently providing a rental income:- Unit 1 - £5,000 per annum on a 5 year lease from 1st December 2016 Unit 2 - Currently vacant The property offers good sized accommodation together with a basement area and is located in the centre of Fakenham, 100 yards from the market square. Fakenham is located north of Swaffham and east of Kings Lynn. At Kings Lynn there is a mainline rail-link into London, Kings Cross.

Tenure

Freehold. 125 years from 1/1/2015 (122 years remaining) at a peppercorn rent

Accommodation

Shared entrance hall

Unit 1

Office, lobby, meeting room, kitchen, w.c.

Unit 2

Main retail area, secondary retail area, kitchen, w.c., 3 cellar rooms

Outside

Side entrance to courtyard area, allocated parking space for each unit.

Business Rates

Unit 1 - £5,900 with effect from 1st April 2017 Unit 2 - £7,800 with efect from 1st April 2017

Viewing

Open days

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

North Norfolk District Council. Tel: 01263 513811

Solicitors

Fraser Dawbarns, 21 Tuesday Market Place, Kings Lynn PE30 1JW, Ref: Carla Goodyear, Tel: 01553 666600

Additional Fees

Administration Charge - 0.3% including VAT subject to a minimum of £840.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.