Property Information
Address:
42-44 King Street, Thetford, Norfolk
, IP24 2AP
, Norfolk
, United Kingdom
Price: Buy: POA
Size: 4032 sq ft375 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH641717
Property Ref/Agent: 3004611
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: May 13, 2024
Property description
Town centre multi-let investment. Fully let consisting of ground floor retail and first floor residential parts. The property is of brick-built construction under pitched roof. The ground floor is split into two retail units with 42 let to an off-license and 44 to a mini-market. The first floor is divided into 3 two bedroom flats all of which are let on assured short-hold tenancies.
Town Centre Location
Fully let
Producing £61,600per annum excl
7.23% Net initial yield
The property has multiple EPCs:
42 - E (110),
44 - C (67)
44A - D (65)
44B - D (62)
44C - C (69)
Copies of the EPCs are available on our website.
Number 42 is let to TUI UK Retail Ltd on a 5 year lease from 24th January 2019 at a rent of £16,250per annum exclusive, there is a tenant only break o
TUI UK Retail Ltd incorporated 23rd October 1979 and has a Creditsafe score of 86 representing very low risk.
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