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Under Offer
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34-40 Market Street, Wymondham, Norfolk, NR18 0BB
3,779 sq. ft. (351.08 sq. m.)
For the Freehold
£575,000
Investment
  • Self-contained parade of four retail units
  • Fully let to four tenants producing £59,400 pax
  • Nearby occupiers include Specsavers, Well Pharmacy, Co-Op Food Store and
  • Fixed rental uplift to £61,400 pax in March 2026

TOWN CENTRE RETAIL INVESTMENT

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About this property

Detailed Description

The property comprises an unbroken terrace of four ground floor lock up shop units with first floor storage areas. Each unit has a glazed shop front with rear loading access.

Location

Wymondham is a pretty and historic market town located 9 miles southwest of Norwich in the heart of East Anglia. Good road links via the A11 provide easy access to both Norwich and The Norfolk Broads, as well as the coastal resorts of Great Yarmouth and Lowestoft.

The subject property occupies a busy and prominent trading position in Wymondham Town Centre. Other occupiers in the immediate vicinity include Specsavers, Well Pharmacy, Co-Op Food Store and Lloyds Bank.

Accommodation

Measured on an NIA basis, the floor areas are as follows:-

Description sq m sq ft
34 Market Street
Sales 52.2 562
Store 7.3 79
First floor 25.5 274
85.0 915

36 Market Street
Sales 56.9 613
Store 9.4 101
First floor 24.1 259
90.4 973

38 Market Street
Sales 66.2 713
First floor 25.2 271
91.4 984

40 Market Street
Sales 54.0 581
Store 6.4 69
First floor 23.9 257
84.3 907

Total 351.1 3,779

Business Rates

Business rates will be the responsibility of the occupier. The premises have the following assessments:-

Property |34 |36 |38 |40
Rateable Value |£13,750 |£13,750 |£14,250 |£14,750

Services

Mains drainage, electricity and water are connected to the property. 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 selling agent.

VAT

The property has been elected for VAT, and it is proposed a transaction be treated as a TOGC (Transfer of a Going Concern). Further details on application.

Legal Costs

Each party will be responsible for their own legal costs incurred in documenting the transaction.

Terms

Individual leases are drafted on full repairing and insuring terms, rents are paid monthly and/or quarterly in advance and rent reviews are upwards only.

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To arrange a viewing contact

The Atrium, St George's Street, Norwich, Norfolk, NR3 1AB

07977 121341

01603 598241

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