Summary - PIZZA HUT, 54, LONDON ROAD PE30 5QH
1 bed 1 bath Mixed Use
### Standout Features:
- Mixed-use property with two commercial units and three residential apartments
- Freehold ownership included
- Current apartment income: £21,540 per annum
- Potential commercial income: £24,000 per annum
- Prime location on London Road, near King's Lynn town centre
- Easy access with time-limited parking from both London Road and Guanock Terrace
- Excellent mobile signal and fast broadband speeds
### Summary:
This mixed-use property presents a compelling investment opportunity in the heart of King's Lynn. With two commercial units ready for rental and three well-positioned residential apartments, you'll benefit from an annual income of £21,540 from the apartments alone, with additional potential from the commercial spaces. Conveniently located on London Road, the property is easily accessible and benefits from consistent foot traffic, enhancing its attractiveness to future tenants.
The apartments include two 2-bedroom units and one 1-bedroom unit, all with assured short-hold tenancies—ideal for immediate cash flow. The current rents suggest room for increases, further enhancing your investment return. While the property does present some maintenance challenges, including the need for roof attention, its solid Georgian brick façade and urban charm provide a solid foundation for rewarding renovations.
Local amenities, including restaurants, shops, and schools, are within walking distance, making this property appealing to potential residents and businesses alike. Don’t miss out on securing this versatile investment in a high-demand area; properties like this are not on the market for long!
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