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6 King Street, Thetford, Norfolk, IP24 2AP

6 King Street, Thetford, Norfolk, IP24 2AP

£250,000
Commercial
About this Property
2024-04-16
250000
Traditional
Commercial
Description

The property comprises a high yielding retail investment opportunity let to the undoubted covenant of Superdrug and occupying a prime, pedestrianised pitch. Arranged across ground and first floors (including a small mezzanine storage area) the property is let in its entirety to Superdrug Stores Plc on a five year lease expiring 18/08/2025 and paying a rent of £41,000 per annum. We understand the tenant has been in occupation for over 10 years and the current tenancy was therefore a renewal agreed in 2020. The property fronts the north of King Street, the prime pedestrianised retail amenity in Thetford. The property also sits between two principal pedestrian routes from the major town centre parking amenity, which is immediately to the rear of the property. Nearby occupiers include WH Smith, Subway and Costa.

Location
More Information
Freehold
King Street
Commercial Property
Planing Authority
Breckland LPA
Sold Price History
07 May 2024Sold£321,000
22 May 2024Sold Lot McHugh & Co£309,000
22 May 2024Sold Lot McHugh & Co£309,000

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