Summary - 120 NORFOLK STREET KING'S LYNN PE30 1AP
4 bed 1 bath Shop
Prominent shop with four-bedroom flat above, ideal for investor or owner-operator.
Freehold mixed-use property with separate commercial and residential access
This freehold mixed-use building sits on Norfolk Street in central King’s Lynn and offers a rare combined commercial and residential opportunity. The ground-floor shop was a takeaway/pizzeria with a full-width glazed frontage, commercial kitchen, walk-in cold room and two WCs — a ready template for an incoming operator or a landlord seeking immediate rental income. The upper floors are arranged as a four-bedroom flat with separate access, currently used in an HMO-style layout and providing straightforward rental or owner-occupier potential.
The property requires refurbishment throughout: the kitchen shows dated fixtures, ventilation issues, ceiling damage and signs of damp and mould. The whole building would benefit from modernisation to realise full value, but there is scope to increase footprint — planning to extend the rear by 3 metres was previously granted (now expired) which could be reapplied for to add space and yield. The freehold tenure and separate entrances make conversion, reconfiguration or continued mixed-use straightforward (subject to consents).
Positioned on a busy pedestrian route near the High Street and Vancouver Quarter, the shop benefits from high footfall and multiple nearby amenities, with the train station within walking distance. Local market factors include high crime levels and an area classification indicating deprivation and private-renting newcomers, so investor purchasers should factor tenant demand and management into projections. Council tax is very low, and mobile and broadband connectivity are strong.
This is a practical, hands-on opportunity for an investor, developer or owner-operator prepared to carry out works. With investment and remedial repairs it can deliver improved rental income, a reopened trading business, or conversion value if planning is pursued again.
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