This mixed-use freehold property offers a ground floor commercial space alongside a four-bedroom residential flat above, each with independent entrances. The premises currently operates under an HMO-style configuration and even comes with expired planning permission for a three-metre rear extension, presenting abundant opportunities for investors and developers.
While the building needs some refurbishment and modern updates, it stands as a promising asset for enhancing value and increasing rental yields. Whether you choose to maintain its current commercial-residential hybrid setup or transform it entirely into residential use (subject to planning approval), there are various pathways to unlock its potential.
The ground floor commercial unit previously functioned as a takeaway, featuring a large shopfront that opens onto Norfolk Street, which benefits from high pedestrian traffic. The interior is equipped with a fully operational kitchen including walk-in cold storage, making it suitable for reactivation as either a food service outlet or retail space.
Above, the four-bedroom flat has been used primarily for rental purposes and includes individual bedrooms across two floors, along with communal living spaces like the kitchen/diner and shared bathroom. Despite needing an update, this layout could be optimized further to suit modern standards or increase rental attraction.
Located strategically on Norfolk Street near central King’s Lynn's amenities—such as shops, cafes, and the train station—this property enjoys both visibility and convenience for future tenants or customers. This is truly an investment opportunity waiting to be seized.
