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48-52 Station Rd 8,269 SF 100% Leased Retail Building Heacham PE31 7EY $515,181 ($62.30/SF)
INVESTMENT HIGHLIGHTS
- Small retail parade in dense residential area
- Neighboured by take-away restaurants and a pharmacy
- On street parking
EXECUTIVE SUMMARY
A substantial mixed use premises positioned in the centre of Heacham alongside a small row of other shops. Having been operated as a convenience store for many years, the property is fitted out accordingly with large retail area and ancillary stores including cold rooms. To the first floor, with separate access, is an exceptionally large 4 bedroom, 2 bathroom flat with expansive roof terrace. Now offered to the market providing a potential live/work premises, investment or redevelopment opportunity to subdivide the ground and first floors into separate letting units, subject to usual local planning authority approval.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
8,269 SF
Building Class
B
Year Built
1970
Price
$515,181
Price Per SF
$62.30
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.46
Lot Size
0.13 AC
Parking
6 Spaces (1.2 Spaces per 1,000 SF Leased)
Frontage
51’ on Station Road
AMENITIES
- Signage
- Energy Performance Rating - C
- Automatic Blinds
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48-52 Station Rd
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