- Prime Town Centre Location
- 11,770 sq ft over two floors
- ground retail/Post Office
- rear parking for 10+ cars.
- Secure Income: FRI lease to WH Smith (Creditsafe 86/100) until June 2029 at £70,000 PA
- Freehold: o/o £600,000
A rare opportunity to acquire a substantial freehold commercial property in the heart of the pedestrianised Norfolk Street, one of the towns busiest and most established retail locations. Positioned alongside major national operators including M&S, Boots and Café Nero, and directly housing the main town Post Office, this property benefits from exceptional and consistent footfall.Property HighlightsPrime pedestrianised towncentre location on historic Norfolk StreetExtensive accommodation of approx. 11,770 sq ft arranged over two floorsGround floor: Retail/Post OfficeFirst floor: Additional commercial/ancillary space
Private rear parking for 10+ vehiclesSecure investment let to WH Smith (Creditsafe score 86/100)FRI lease in place until June 2029 generating £70,000 per annumWH Smith recently acquired/rebranded by Modella Capital to TGJones, reinforcing covenant strengthFreehold: Offers over £600,000Investment SummaryThis is a strong, incomesecure towncentre investment with a nationally recognised covenant, excellent pedestrian exposure, generous floor area, and valuable parking provision all in a location rarely available to the market.
Norfolk is a ceremonial county in the East of England, known for its big skies, unspoilt coastline, rich history, and strong rural identity. It lies between Lincolnshire, Cambridgeshire, Suffolk, and the North Sea, with Norwich as its largest city and cultural centre.
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All property offered at auction is under an unconditional contract, requiring the successful buyer to pay a 10% non-refundable deposit and complete within the terms of the contract, which will normally be 14 or 28 days. For these reasons, it is suitable for cash buyers only.
Property Ref: WAD260059
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