Property Information
Address:
17 Market Place, Fakenham, Norfolk
, NR21 9BE
, Norfolk
, United Kingdom
Price: Rent: £42,700 Per Annum
Size: 4417 sq ft410 sqm
Primary Category: Shop
All Categories:
Office, Shop,
Property Ref/Movehut: MH688858
Property Ref/Agent: 166895
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: May 14, 2024
Property description
Description
The property is arranged over ground, first and second floor with a rear yard that provides parking for approximately 8 vehicles. The ground floor provides an open plan banking hall with offices and a strong room to the rear with the first floor providing a staff room, further office space and WC's. The second floor and upper second floor provide additional office and storage space.
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 provides a rail link to King's Lynn (22 miles) and Norwich (25 miles). The town lies adjacent to the A148 and A1065 which provides routes to Cromer, Kings Lynn and Swaffham. The property occupies a very prominent position adjacent the Market Place. Nearby occupiers include The Original Factory Shop, Costa, Boots, Specsavers and a number of independent retailers.
Accommodation Description
The property has the following approximate net internal floor areas:
Ground floor: 3,068 sq ft (285.0 sq m)
First floor: 976 sq ft (90.7 sq m)
Second floor:
130 sq ft (12.0 sq m)
Upper second floor: 243 sq ft (22.6 sq m)
Total: 4,417 sq ft (410.3 sq m)
Terms
The property is held on a 20 year full repairing and insuring lease expiring 20th April 2026. The lease is available to be assigned or sublet. The lease is contracted within the Landlord and Tenant Act 1954. Alternatively, a new lease may be available from the landlord on terms to be agreed.
Rates
The Valuation Office Agency website indicates that as from April 2023 the Rateable Value is £37,750. The rates payable can be obtained from which includes a rates payable calculator.
Legal costs
Each party is to be responsible for their own legal costs incurred in the transaction.
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