Commercial Property in Blakeney Norfolk available for sale
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Commercial Property for Sale near the Blakeney, Norfolk, Blakeney

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More details for 3-7 High St, Blakeney - Retail for Sale

3-7 High St

Blakeney, NR25 7NA

  • Retail for Sale
  • £525,000
  • 962 sq ft
  • Restaurant

Blakeney Retail for Sale - Blakeney, Norfolk

The ground floor of the building is in commercial use and is currently let as the popular and well known restaurant called The Moorings. The restaurant accommodation comprises an open plan seating area, bar and W.C’s together with a kitchen. Above the restaurant there are three residential flats which are let on long 99 year leases. There are two flats located on the first floor. 5 High Street is a one bedroom unit and 5A is a two bedroom unit. 7 High Street is located on the second floor and is a larger four bed unit.

Contact:

Brown & Co

Property Subtype:

Shopfront Retail / Residential

Date on Market:

11/06/2024
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Commercial Properties for Sale Within 5 miles of the Blakeney, Norfolk, Blakeney

LoopNet UK Norfolk Holt Commercial Properties For Sale in Blakeney Norfolk, Blakeney, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Blakeney Norfolk

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How many Commercial Property listings are available for sale in Blakeney Norfolk?
There are currently 1 Commercial Properties available for sale near Blakeney Norfolk. These Blakeney Norfolk Commercial Property listings have an average size of 962 sq ft. The largest available listing in Blakeney Norfolk is 962 sq ft. The thriving commercial centre and excellent transport links in Blakeney Norfolk make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Blakeney Norfolk?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Blakeney Norfolk currently range from £409 to £409 per square foot. While the average net initial yield for Commercial Properties is 4.96%.
What other types of commercial property are available for sale in Blakeney Norfolk?
There is a diverse range of commercial properties available in Blakeney Norfolk to suit various business needs. Blakeney Norfolk offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 Blakeney Norfolk commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Blakeney, Norfolk, Blakeney

Market Overview for Commercial Properties in Blakeney Norfolk

Key information for Commercial Properties investors in Blakeney Norfolk and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Blakeney £409 962 sq ft
Wells Next The Sea £176 1,700 sq ft
Sheringham £210 1,391 sq ft
Fakenham £142 10,510 sq ft
Cromer £119 4,739 sq ft

Rental Price Trends in Blakeney Norfolk

The price per square foot range for Commercial Properties in Blakeney Norfolk and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Blakeney £409 £409 £409
Wells Next The Sea £176 £176 £176
Sheringham £210 £210 £210
Fakenham £35 £142 £229
Cromer £119 £119 £119

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Blakeney Norfolk area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Blakeney 962 sq ft 962 sq ft 962 sq ft
Wells Next The Sea 1,700 sq ft 1,700 sq ft 1,700 sq ft
Sheringham 1,391 sq ft 1,391 sq ft 1,391 sq ft
Fakenham 1,380 sq ft 10,510 sq ft 28,514 sq ft
Cromer 4,739 sq ft 4,739 sq ft 4,739 sq ft

You searched for commercial property for sale in Blakeney Norfolk. Explore 1 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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