About this property

Detailed Description

The properties will comprises a development of 4 brand new industrial units currently under construction.
Each unit will be constructed to a good standard and will be connected to mains electricity, water and drainage.
Planning Permission was granted under reference No: 20/00746/F in August 2020 - full plans available on Borough Council of Kings Lynn & West Norfolk Public Access site.
Note: While we are still at the early stages of construction, a purchasers specific requirements could be incorporated into the build.

Location

The properties are located on the popular St John's Business Park just off the A1122 Town Bypass.
Downham Market is a traditional Norfolk market town situated in the west of the county on the A10, some 10 miles south of the sub-regional centre of King's Lynn and 35 miles north of Cambridge. The town has a population of approximately 10,000 and serves a much larger catchment area covering the outlying villages and has experienced considerable new house building over recent years with further expansion planned for the future. There is a good range of public amenities including infant, middle and high schools, health facilities, swimming pool, library etc. The town benefits from a main line rail station on the King's Lynn to London line (London King's Cross 1 hour 20 minutes approximately).

Accommodation

The property has the following (approximate) gross internal floor area taken from plan:
Unit 1: 185 sq m (1,991 sq ft)
Unit 2: 181 sq m (1,948 sq ft)
Unit 3: 181 sq m (1,948 sq ft)
Unit 4: 179 sq m (1,926 sq ft)
Overall: 726 sq m (7,813 sq ft)

Business Rates

To be assessed.

Services

Mains services will be connected to the units.
We have not carried out tests on any of the services or appliances and interested parties should arrange their own test to ensure these are in working order.

Viewing

Strictly by appointment with the Sole Agent.

VAT

VAT will be charged upon any rent/sale price negotiated.

Legal Costs

Each party will be responsible for their own legal costs incurred in documenting the letting/sale.

Terms

The properties are offered to let on new full insuring and repairing leases for a minimum term of 3 years or multiples thereof.
Please note that any lease will be subject to a satisfactory credit reference check.

The properties are offered for sale freehold with vacant possession.

Unit 1: £225,000/£16,000 pax
Unit 2: £215,000/£15,550 pax
Unit 3: £215,000/£15,550 pax
Unit 4: £218,000/£15,250 pax