7 Norfolk Street, Kings Lynn, Norfolk, PE30 1AR

This freehold commercial property is a tenanted retail unit located in a prominent trading position on Norfolk Street in King's Lynn, Norfolk. The property comprises approximately 1,216.95 sq m (13,099 sq ft) spread over two floors, with the ground floor featuring a substantial retail area, a Post Office customer service counter, a financial advisory room, and storage space with access to a service lift. The first floor includes additional storage, offices, and staff amenities. The unit is currently leased to TG Jones Retail Holdings Limited, producing an annual rental income of £70,000 on a FRI lease, with a lease term expiring in 2029 and no break clauses. The market rent is estimated at £140,000 per annum. There is a large loading and parking area at the rear, accessible via Broad Street, providing space for at least 10 cars. The surrounding area includes various retailers such as Specsavers, Vodafone, Café Nero, The Works, Marks & Spencer, JD Sports, Halifax, and Boots Opticians, and is situated close to the town's main shopping and pedestrianised areas.