Mixed use for sale

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Mixed use for sale

London Road, King's Lynn PE30
£350,000

Our Summary

  • This freehold investment opportunity comprises of two commercial units and three residential apartments located on the main road into King's Lynn town centre
  • 51a Guanock Terrace: £495PCM (Potential for further increase) 2 bedroom apartment, 51b Guanock terrace £750PCM 2 bedroom apartment, 52 Guanock terrace 1 bedroom apartment £550PCM

Description

This property description highlights a mixed-use investment opportunity comprising of two commercial units and three residential apartments located on the main road leading into King's Lynn town centre. The apartments are currently let on short-hold tenancies, generating an annual income of £21540. The two commercial units are available for rent with a potential income of £24000 per annum. The property has access from both London Road and Guanock Terrace, with time-limited parking available on both streets. The addresses included in the sale are 54 & 55 London Road, 51a, 51b, and 52 Guanock Terrace, King's Lynn. The current rents for the apartments are £495 per month (with potential for further increase), £750 per month, and £550 per month.
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