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Chequer House, King Street, King's Lynn, Norfolk
34,940 sq. ft. (3,246.03 sq. m.)
POA
Commercial development
  • NIA 29,699 sq ft (2,759 sqm) GIA of 34,940 sq ft on a site of 0.428 acres (0.173 hectares)
  • Guide Price of £2,000,000 (Two Million Pounds) subject to contract

Chequer House comprises a two storey town house, fronting onto King street, with a substantial multi storey office building, to the rear, overlooking Purfleet.

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About this property

Detailed Description

Chequer House is a substantial multi-storey office building
constructed in the 1970s and currently provides 35,618 sq ft
(3,309 sq m) over 4 floors, on a site of approximately 0.428
acres (0.173 hectares).

The property's address is due to its historic frontage that
faces onto King Street with a period town house facade -
however, the majority of the existing building is eastwards
to the rear of this which comprises of a more contemporary
1970s block towards Purfleet Street which has previously
been used as commercial office space.

The site forms part of St Nicolas Conservation Area and is
Grade II Listed. Several other surrounding buildings are listed
too, including the neighbouring buildings No 10 and 14 King
Street which are also Grade II.
Other than two short term tenancies the property is now
entirely vacant. Former occupiers include HM Courts and
Tribunal Services, regional firms of solicitors, national High
Street retailers and many other large and small professional
organisations and individuals.

Location

Chequer House is situated in the heart of the professional quarter of King's Lynn, occupying a prominent position close to the historic Customs House, and within walking distance of the town centre and Tuesday Market Place.

King's Lynn is an important sub-regional centre as well as a busy port and market town. The town has a population of approximately 40,000 and is the administrative centre for West Norfolk. Road communications are via the A47 providing access to Norwich and Peterborough, A10 to Cambridge and M11 to the South, as well as the A17 and A148/A149. London is approximately 110 miles to the south via the A1M and M11. There is a main line railway service direct to London King's Cross (1 hour 40mins approx).

Norwich International Airport is approximately 1 ½ hours drive east, where there are four flights per day to Amsterdam Schiphol Airport, as well as other European & national destinations.

Accommodation

PLANNING SUMMARY

Planning consent has been granted for the redevelopment and change of use of
an the property to a residential development comprising 40 self-contained flats
(use class C3) including internal and external alterations, as well as associated hard
and soft landscaping, car and cycle parking and refuse under planning reference
A20/02127/FM.
The scheme will create approximately 26,145 sq ft (2,429 sq m) of accommodation
over 4 floors with a range of 1 bedroom and 2 bedroom units

Business Rates

The property may benefit from Small Business Rates Relief which may reduce the rates payable. Please contact the agents for more information.

Services

All information we have regarding services is within the information pack, however purchasers should make their own enquiries of the utilities, suppliers to verify capacity and supply.

Viewing

Strictly by appointment with the joint sole selling agents: -

VAT

We understand that the property is elected for VAT and it is proposed that the transaction will be treated as a Transfer of a Going Concern (TOGC).

Legal Costs

Each party will be responsible for their own legal costs incurred in documenting the sale.

Other

The site will be sold with the benefit of all easements, covenants and rights of way whether known and unknown.

A MicroSite for additional information has been created and access details are available from the agent.
The information includes: -
Existing Floor Plans
Planning Appraisal
Title Register
Title Plan
Lease
EPC's

Terms

Offers are invited in the region of £2,000,000 (Two Million Pounds), subject to contract.

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To arrange a viewing contact

1A Market Place, Holt, Norfolk, NR25 6BE

07788 778148

01263 711167

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