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Investment Highlights

  • A town centre investment property
  • Large window frontage
  • Ease of access

Executive Summary

The freehold of the property is available subject to the existing tenancies.
The premises comprise two retail units fronting King Street, one being a lock-up shop the other having first floor accommodation located at the rear. To the first floor there is a 3-bedroom flat with self-contained access from King Street.
The premises occupy a good location in the pedestrianised section of King Street on the edge of the prime retail core.

Attachments

42-44 King

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,234 SF
Building Class
B
Year Built
1900
Price
$1,061,954
Price Per SF
$475.36
Cap Rate
7.75%
NOI
$82,285
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Frontage
47’ on King Street

Amenities

  • Bus Line
  • Commuter Rail
  • Storage Space

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • 7 DAYS SUPERMARKET LTD
  • -
  • -
  • -
  • -
  • -
  • -
  • -
  • -

TUI UK is a travel services provider operating as part of the wider TUI Group, a multinational tourism organization headquartered in Germany. The company is incorporated in 1993, according to official UK corporate filings. TUI UK delivers holiday planning services, packaged travel, and related customer support through its retail locations, website, and call centers. Its operations form part of the TUI Group’s integrated tourism model, which spans airlines, hotels, cruise services, and destination experiences. TUI UK functions within the Group’s Northern Region market structure, contributing to the organization’s broader European leisure travel activities. The TUI Group is publicly traded, while TUI UK itself operates as a privately held subsidiary.

Tenant Industry SF Occupied Rent/SF Lease End
7 DAYS SUPERMARKET LTD - - - -
- - - -

Nearby Major Retailers

Iceland
Co-op
Snap Fitness 24/7
The Chase
Tesco Superstore
The Food Warehouse - Iceland
Lidl
  • Listing ID: 21309424

  • Date on Market: 10/23/2020

  • Last Updated:

  • Address: 42-44 King St, Thetford IP24 2AP

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