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Mixed-Use Property With Multiple Commercial And Residential Units In King's Lynn For Sale

King's Lynn, Norfolk, UK
Asking Price:
£569,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

Terrington St Clement is a charming village, located just 7 miles from King’s Lynn. It boasts a plethora of amenities that cater to the needs of its residents. From a well-stocked supermarket and a traditional hardware store to a delightful farm shop and two doctor’s surgeries, the village has everything one could need. Additionally, there is a newsagents, bakers, fish & chip shop, Chinese takeaway, hairdressers, and even an estate agent. The village is currently taking applications for a new post office with the deadline being January 2024 – this shop would make for a perfect setting. When it comes to entertainment, the village doesn’t disappoint either, with two inviting pubs, The King William and The Wildfowler. What truly sets Terrington St Clement apart is its rich history. From its humble beginnings as a salt-making settlement on the Wash coast during Saxon times, to its remarkable growth during the medieval period.

This historical plot features a beloved and thriving village store which has been present within village life here since the 1800’s and offers patrons everything from hardware’s to birthday cards. The store itself offers a spacious layout, featuring two main retail rooms with a large basement beneath.

Above the shop are two private modern apartments, each featuring a spacious layout with two bedrooms. This provides a unique opportunity for the store owners to live right above their business, enjoying the convenience and proximity to their work, additionally offering a revenue stream to potential let’s.

To the rear of the property, there is a stunning two-story redbrick unit which is currently let to a small dog grooming business. This adds another layer of diversity to the property, catering to the needs of pet owners in the community. Furthermore, above the dog grooming unit, there is a modern and fully renovated light and airy unit that is currently available. This space would make for a welcome addition to the property, suitable for barbers, hairdressers, or aesthetics services. The plot also offers four large detached garages and ample parking space, ensuring convenience for both customers and tenants.

The plot welcomes a new owner as the current owners look to retire, with the potential for the rental value to achieve in excess of £50,000 PA.

Figures for current & potential profits are available on request.

Property Information

Property:

Freehold

Location:

Terrington St Clement is a charming village, located just 7 miles from King’s Lynn. It boasts a plethora of amenities that cater to the needs of its residents. From a well-stocked supermarket and a traditional hardware store to a delightful farm shop and two doctor’s surgeries, the village has everything one could need. Additionally, there is a post office, newsagents, bakers, fish & chip shop, Chinese takeaway, hairdressers, and even an estate agent. When it comes to entertainment, the village doesn’t disappoint either, with two inviting pubs, The King William and The Wildfowler. What truly sets Terrington St Clement apart is its rich history. From its humble beginnings as a salt-making settlement on the Wash coast during Saxon times, to its remarkable growth during the medieval period

Energy Performance Rating:
C