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Agent's details

18-20 Market Place, Fakenham, Norfolk, NR21

For sale: £495,000.00|7,106 Sq Ft|Office, Retail - High Street, Land, Other, Residential, Residential, Offices, Retail, Commercial Land, Other Property Types & Opportunities

Property details

FOR SALE£495,000.00
SIZE7,106 Sq Ft
ADDRESS18-20 Market Place, Fakenham, Norfolk, NR21
TYPEOffice, Retail - High Street, Land, Other, Residential, Residential, Offices, Retail, Commercial Land, Other Property Types & Opportunities
TENUREDevelopment Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON11th December 2024

Description

Description

The property comprises a substantial complex of period buildings, previously used as solicitors offices, with the following features:

Location

Fakenham is a historic market town situated halfway between King's Lynn and Norwich. Known as the gateway to the North Norfolk coast, the town is well positioned and some 22 miles from King's Lynn 25 miles from Norwich. The town lies adjacent to the A148 and A1065 which provides routes to Cromer, Kings Lynn and Swaffham.

The property occupies a very central prominent position in the Market Place. Nearby occupiers include Superdrug, Costa, Boots, Specsavers, Butcher Andrews and Hayes and Storr Solicitors.

Accommodation Description

The property is arranged over three floors, with the following approximate total net internal floor areas:

Ground floor and basement 4,746 sq ft (441 sq m)
First floor 2,141 sq ft (199 sq m)
Second floor 219 sq ft (20 sq m)

Total 7,106 sq ft (660 sq m)

Terms

The property is being offered for sale, on a freehold basis subject to vacant possession of the whole of 18-19 and the upper floors of 20 Market Place. The ground floor of 20 Market Place is subject to a lease (lease information available on application).

In accordance with the latest Anti Money Laundering (AML) legislation, the purchaser will be required to provide proof of identity, address and source of funds to the selling agents prior to solicitors being instructed.

Rates

The Valuation Office Agency website indicates that the property has two entries in the 2023 list with a combined Rateable Value is £48,800. This is not the annual rates payable.

The rates payable can be obtained from www.gov.uk/correct-your-business-rates which includes a rates payable calculator.
( Agency Pilot Software ref: 166939 )

Location

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Location: 18-20 Market Place, Fakenham, Norfolk, NR21
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