Commercial Property in King's Lynn & West Norfolk available for sale
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Grocery & Local Shops for Sale near King's Lynn & West Norfolk (Kings Lynn)

Retail Properties for Sale Near the King's Lynn & West Norfolk (Kings Lynn)

More details for 6-7 High St, Kings Lynn - Retail for Sale

6-7 High St

Kings Lynn, PE30 1BX

  • Retail for Sale
  • £425,000
  • 12,044 sq ft

Kings Lynn Retail for Sale - King's Lynn

Investment Consideration: Gross Initial Yield: 8.94% Rental Income: £38,000 p.a. VAT is applicable to this property. TOGC available. Tenant in occupation for 20+ years. Let on a new lease renewal from June 2026. Comprises double-fronted large retail premises t/a British Heart Foundation charity shop Town centre location with nearby occupiers including Cash Converters, MAP Counselling Centre, Pizza Express, Smile Dental Care and Santander amongst a variety of other retailers. Property Description: Comprises large two-storey commercial premises t/a British Heart Foundation charity shop. The property benefits from double frontage on High Street, as well as vehicular access and loading area at rear, providing the following accommodation and dimensions: Ground Floor: 605 sq m (6,512 sq ft) Open plan retail, storage, office, wc First Floor: 514 sq m (5,532 sq ft) Ancillary, office, storage, wc Total GIA: 1,119 sq m (12,044 sq ft) Tenancy: The property is at present let to British Heart Foundation* for a term of 5 Years from 29th June 2026 at a current rent of £38,000 per annum and the lease contains full repairing and insuring covenants. Tenant in occupation for 20+ years. Tenant option to determine on 29.06.29 with min 6 months notice. Tenant benefits from rent free period from 28.06.26 until 28.09.26. The vendor will top-up rent so the buyer receives the equivalent to £38,000 p.a. from completion. *British Heart Foundation are a registered charity under No 225971. For the year ending 31st March 2024, they reported a Total Funds of £138,300,000. Location: King's Lynn is a port and commercial centre located on the River Great Ouse, 41 miles west of Norwich and 34 miles north-east of Peterborough. The town benefits from being adjacent to the A47, which links the town to both Norwich and Peterborough and the A10, the main route to Cambridge. The property is approximately 0.4 miles from King's Lynn Station which provides a direct service to London Kings Cross. The property is situated on the pedestrianised High Street close to its junction with Saturday Market Place. Occupiers close by include Cash Converters, MAP Counselling Centre, Pizza Express, Smile Dental Care and Santander amongst a variety of other retailers

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront

Date on Market:

27/10/2025

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More details for The Eye Portfolio – Retail for Sale

The Eye Portfolio

  • Retail for Sale
  • £23,020,000
  • 184,064 sq ft
  • 7 Retail Properties

Portfolio of properties for Sale - Doncaster

The Eye Portfolio comprises a fully let retail warehouse investment portfolio extending to 182,273 sq ft (GIA) across three established regional retail destinations in Doncaster, King's Lynn and Llandudno. The portfolio combines two freehold assets and one long leasehold asset and currently produces a total passing rent of £1,967,596 per annum. The portfolio comprises Thorne Road Retail Park, Doncaster (freehold), St Nicholas Retail Park, King's Lynn (freehold) and the B&Q unit at Mostyn Park, Llandudno (long leasehold). The Llandudno asset is held on a leasehold interest with approximately 86 years unexpired. The freeholder is Mostyn Estates and the ground rent equates to approximately 11% of market rent. The properties are fully occupied by a strong line-up of national retailers including Wickes, B&M, Pets at Home, Iceland, Costa and B&Q. Approximately 93% of the portfolio income is secured against A1 or A2 Dun & Bradstreet rated covenants, providing a strong occupational and covenant profile. The portfolio has a WAULT of 5.7 years to expiry and 5.1 years to break, providing medium-term income security. The total passing rent of £1,967,596 per annum reflects an average rental level of £10.79 per sq ft. Thorne Road Retail Park, Doncaster, comprises 83,422 sq ft and generates a passing rent of £752,095 per annum. The asset has a WAULT of 4.4 years to expiry and 4.3 years to break. At the guide price, the property reflects a capital value of £8,545,000, equating to £102 per sq ft and a net initial yield of 8.25%. St Nicholas Retail Park, King's Lynn, extends to 59,940 sq ft and produces a passing rent of £783,962 per annum. The property has a WAULT of 7.1 years to expiry and 5.8 years to break. The pricing reflects a capital value of £9,745,000, equating to £163 per sq ft and a net initial yield of 7.54%. The B&Q unit at Mostyn Park, Llandudno, provides 38,911 sq ft and generates a passing rent of £431,539 per annum. The leasehold interest has approximately 86 years unexpired and reflects a capital value of £4,730,000, equating to £122 per sq ft and a net initial yield of 8.50%. The asset has a WAULT of 5.0 years to expiry and break. Offers are invited in excess of £23,020,000 for the portfolio as a whole, reflecting an overall net initial yield of 8.00% assuming purchaser's costs of 6.82% and a low average capital value of £126 per sq ft. The assets are also available individually, with separate pricing available upon request.

Contact:

Park Place Retail

Date on Market:

20/07/2026

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FAQs about King's Lynn & West Norfolk Grocery & Local Shops For Sale

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How many Grocery or Local Shop listings are available for sale in King's Lynn & West Norfolk?
There are currently 0 Grocery & Local Shops on the market in and around King's Lynn & West Norfolk.
How much does it cost to buy Grocery or Local Shop in King's Lynn & West Norfolk?
Asking prices in King's Lynn & West Norfolk range based on market conditions.

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