Commercial Property in Litcham available for sale
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Commercial Properties for Sale near the Litcham, Kings Lynn

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Commercial Properties for Sale Within 10 miles of the Litcham, Kings Lynn

More details for 36 Market Pl, Fakenham - Retail for Sale

36 Market Pl

Fakenham, NR21 9DA

  • Retail for Sale
  • £300,000
  • 1,380 sq ft

Fakenham Retail for Sale

OIRO £300,000 to purchase the freehold interest of this standalone, Class E premises, located in the Market Place, Fakenham. The property is situated in centre of the town, with nearby occupiers including: East Anglia Children’s Hospice, Betfred, The Norfolk Hospice Charity Shop, Boots, Costa, as well as various independent operators.

Contact:

Assembly CRE

Property Subtype:

Shopfront

Date on Market:

12/12/2024
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LoopNet UK Norfolk Kings Lynn Commercial Properties For Sale in Litcham, Kings Lynn, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Litcham

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How many Commercial Property listings are available for sale in Litcham?
There are currently 0 Commercial Properties available for sale near Litcham. These Litcham Commercial Property listings have an average size of. The largest available listing in Litcham is. The thriving commercial centre and excellent transport links in Litcham make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Litcham?
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 Litcham currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Litcham?
There is a diverse range of commercial properties available in Litcham to suit various business needs. Litcham offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 Litcham 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 Litcham, Kings Lynn

Market Overview for Commercial Properties in Litcham

Key information for Commercial Properties investors in Litcham 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
Dereham £97 2,944 sq ft
Southrepps £152 3,884 sq ft
Swaffham £21 2,434 sq ft
Fakenham £141 10,510 sq ft
Mundford £77 2,895 sq ft

Rental Price Trends in Litcham

The price per square foot range for Commercial Properties in Litcham 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
Dereham £82 £97 £112
Southrepps £152 £152 £152
Swaffham £21 £21 £21
Fakenham £35 £141 £228
Mundford £77 £77 £77

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Dereham 2,500 sq ft 2,944 sq ft 3,600 sq ft
Southrepps 3,884 sq ft 3,884 sq ft 3,884 sq ft
Swaffham 2,434 sq ft 2,434 sq ft 2,434 sq ft
Fakenham 1,380 sq ft 10,510 sq ft 28,514 sq ft
Mundford 2,895 sq ft 2,895 sq ft 2,895 sq ft

You searched for commercial property for sale in Litcham. Explore 0 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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