A mid terrace modern retail warehouse unit extending to about 501.70 sq m (5,400 sq ft) GIA with a good quality mezzanine (installed by the current tenants) extending to 455.20 sq m (4,900 sq ft). The unit is currently used as a supermarket with the mezzanine used as a café, bookshop and hairdressers. The property has been fitted out to a good standard and is available fitted out if required. There is a large 257 space surfaced car park to the front serving the retail park.
The property occupies a prominent location on the well-established retail park St Nicholas Centre. The park has an extensive frontage to Edward Benefer Way (A1078) about 500m north of Kings Lynn town centre and railway station. Other retailers represented nearby include Wickes, Farmfoods, Domino’s Pizza and Home Bargains.
The annual passing rent is £67,500 per annum. Please note the mezzanine was installed by the tenants with Landlord’s consent so is a tenants improvement and therefore disregarded for the purposes of calculating the rent at review/renewal for 21 years from the date of installation.
To view the premises and for any additional information please contact the sole agents.
The ingoing tenant will be responsible for the Landlord’s existing tenant’s reasonable legal costs incurred in documenting the transaction.
Please note that the staff are unaware of the disposal so should not be approached directly.