Situated in an ideal location just 12 miles from Kings Lynn, the major tourist attractions of Sandringham and Hunstanton are close by.
THE BUSINESS ITSELFThe arcade is let at £5,000 pa payable monthly on an initial one year tenancy which is now rolling over. The tenant has been in occupation since 2007.The second unit which is vacant has an open market value of around £4,500 pa. The third unit is let at £5,000 pa on the same terms as the first unit.
Fully let the income will be in the order of £14,500 which will give a yield of 15.27%.We understand there have been no rent increases since 2007.
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