Well located Freehold Shop Investment, King's Lynn and West Norfolk, PE30

7 Norfolk Street, King's Lynn, Norfolk, PE30 1AR

A retail unit in King's Lynn (PE30), freehold. Allsop is selling it at auction on Wednesday 11 November, with a guide of £575,000 - £625,000. The auctioneer's listing says it comes with a tenant in place. The stated rent is £70,000 a year, about 12.2% gross on the guide.

Written by Lotwick from the key facts. For the full particulars, see Allsop's lot page.

From the auctioneer's description:tenantedStated rent £70,000 a year · 12.2% gross on the guide

Guide price

£575,000 - £625,000

18days

13hrs

11mins

28secs

Wed 11 NovAdd to calendar

Bid on the auctioneer's site View the legal pack

Status verified with Allsop 1 hour ago

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Location

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King's Lynn and West Norfolk, PE30. Indicative location. Sources

Estimated cost to winPrice, fees and Stamp duty (non-residential)£595,250See breakdown

Est. total£595,250

Price£575,000
Buyer's / admin fee£2,000
Stamp duty (non-residential) estimate£18,250
Legal pack and searches£0

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Allsop's usual buyer's fees (Residential: £2,000 inc VAT (£300 under £10,000); commercial £1,500 + VAT). Check the lot's legal pack. Estimate only. How fees work