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Investment

Investment For Sale King's Lynn

PROPERTY ID: 147726

PROPERTY TYPE

Investment

STATUS

Available

SIZE

13,068 sq.ft

Key Features

Rare Redevelopment Opportunity in an Attractive Location
Grade II Listed Warehouse
Over Looking River Great Ouse and South Quay
Redevelopment Potential for Mixed Use Project

Property Details

Rare Redevelopment Opportunity In An Attractive Location<br>
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Grade Ii Listed Warehouse<br>
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Over Looking River Great Ouse And South Quay<br>
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Redevelopment Potential For Mixed Use Project<br>
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0.3 Ha (0.73 Ac) Brownfield Redevelopment Opportunity In Prime Waterfront Location.<br>
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Detailed Description<br>
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The Property Is Owned On A Freehold Basis By The Borough Council And Totals C.0.30 Ha (0.73 Acres). Historically The Property Comprised Two Parcels, As Described Below. The Council Expects Bidders To Deliver Both Parcels Together As Part Of A Comprehensive Redevelopment Of The Property. <br>
Sommerfeld & Thomas Former Warehouse - Comprising A Grade Ii Listed 18th Century Warehouse. Works To Complete Repairs To The Listed Sommerfeld And Thomas Building And To Remove A Large 1950's Steel Portal Framed Building Have Been Completed In 2023, Leaving The Building In A Safe And Secure State. This Part Of The Property Totals 0.17 Ha (0.41 Acres). Title No. Nk322916.<br>
Former Grain Silo Site - The Area Has Been Cleared, With The Exception Of The Foundations Of The Silo Bases. This Part Of The Property Totals 0.13 Ha (0.32 Acres). Title No. Nk318519.<br>
The Property Is Bordered To The South By Devil's Alley, A Historic Path Through To Nelson Street And South Quay. It Is Located Near The Town's Medieval Core That Includes A Minster (origins 12th Century) And Streets With Significant Architectural Heritage, Including Hampton Court Located Directly To The East Of The Property. The Area Is Popular With Tourists And Overlooks The River Great Ouse.<br>
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Location<br>
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The Property Is Located In The Market Town Of King's Lynn, Overlooking The River Great Ouse On South Quay. South Quay Is Within Walking Distance Of The King's Lynn Centre. King's Lynn Is Host To A Train Station With Direct Links To Both Cambridge And London King's Cross. The Town Is Primarily Accessed By Road, Mainly Via The A47. The King's Lynn Waterfront Has Been Earmarked For Regeneration, In Policy 9.1.5 E1.8 Klr Of The King's Lynn And West Norfolk Local Plan Review (2016-2036). The Vision Being That The Property Would Provide The Key To Unlocking The Waterfront's Future Potential, Activating The Area And Leading To Further Regeneration.

About the Agent

Investment Unit

POA

Sommerfeld And Thomas Warehouse,South Quay, King's Lynn, PE30 5DS
Investment - Available
13,068 sq ft
1,214 sqm
Show phone number

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