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Retail/Shop

Retail/Shop For Sale Thetford

PROPERTY ID: 104722

PROPERTY TYPE

Retail/Shop

STATUS

Available

SIZE

864 sq.ft

Key Features

Town centre freehold
Trading as fish and chip takeaway for over 15 years
6.31% Net initial yield
Business unaffected
The property has an EPC of D (93). A copy of the EPC is available on our website.
The building is Grade II listed, English Heritage building ID1207697. Further information is available from the Historic England website.
The property is currently held on a lease for a term of 15 years from 2007. The tenant is currently holding over at a passing rent of £14,160per annum exclusive.

Property Details

Thetford is a historic market town located close to the Norfolk/Suffolk border. The town is situated off the A11 bypass and provides excellent road access to Cambridge, Norwich, and London. Bury St Edmunds is situated approximately 11 miles to the south via the A134. The property is situated on Kings Street which is the town's main high street and occupies a prominent position just off King Street Square. The property is within walking distance of both the bus and rail stations and sits adjacent to Kings House which is home to the town council's offices. Nearby occupiers include Lloyds Bank, Savers and the town council.

Prominent Town Centre Terrace Premises Currently Occupied As A Fish And Chip Shop. The Property Is Arranged Over Ground And First Floor And Is Of Brick Built Construction Under Pitched Roof. The Ground Floor Benefits From A Glazed Timber-framed Frontage And Provides Retail Accommodation Whilst The Upper Parts Are Ancillary Storage And Accessed Via The Ground Floor. The Whole Property Is Currently Occupied On A Single Lease Until October 2023 At Which Point There Is A Pre-agreed Option To Extend For A 10 Year Term.

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About the Agent

Eddisons; Bury St Edmunds

See Agent's Other Properties

Retail Unit

£210,000 Freehold

45 King Street, Thetford, IP24 2AU
Retail/Shop - Available
864 sq ft
80 sqm
Show phone number

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