FORMER HEAD POST OFFICE AND TELEPHONE EXCHANGE ...

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01223 841841 | bidwells.co.uk

Development Opportunity

On the instruction of

Freehold or New Lease Retail or Leisure Uses Consent granted for A1-5 Use Classes plus Residential

King's Lynn Former Head Post Office and Telephone Exchange Buildings, Paradise Parade/Blackfriars Street, PE30 1YB

Location

Tenure

The property is extremely prominently located in the centre of this large market town.

The building is either available on a freehold basis with vacant possession or clients will undertake the necessary works to grant new lease(s) for a term to be agreed. Further details upon request.

The building forms an island site fronting Paradise Parade and Blackfriars Street. It is adjacent to the Vancouver Shopping Centre and Beales department store. Opposite Argos and the town's only cinema and close to numerous other national retailers, the town's swimming pool and multistorey car park.

Rateable Value The property is entered into the 2010 Valuation list as post office and premises with a rateable value of £0.

Energy Performance Certificate Blackfriars frontage benefits from on street car parking.

The property has been assessed with an energy rating grade G (157).

Description The building as currently arranged provides the former Post Office counter/customer area, with associated offices. To the rear is further sorting offices, staff areas and a covered secured yard/loading bay. Upper floors were used as offices and telephone exchange areas; all former equipment has been removed.

Legals Each party is to be responsible for their own legal costs incurred in the transaction.

VAT All figures exclusive of VAT.

We have been provided with the following gross internal floor areas from architects plans: 2

Ground floor Post Office Ground floor ancillary Ground floor covered bay Total ground floor

12,077 sq ft 1,929 sq ft 4,898 sq ft 18,904 sq ft

1,122 m 2 179 m 2 455 m 2 1,756 m

First floor front offices First floor rear offices Second floor front offices Second floor rear storage

3,789 sq ft 7,755 sq ft 3,789 sq ft 7,755 sq ft

352 m 2 720 m 2 352 m 2 720 m

TOTAL

41, 992 sq ft

2

3,900 m

2

Potential Redevelopment Outline planning permission was granted in December 2013 (13/01088FM) for a development comprising a mix of retail, office, health facility and residential use. This included both some demolition and new build. Further plans upon request. 2

The scheme comprised 1,620 m of retail and medical 2 2 space, plus 90 m of café, 523 m of office space and 8 one bed and 19 two bed flats. A subsequent application was granted in May 2014 to allow all Uses Classes (A1-5) with an area of 2,136 sq m. Alternatively the existing building could be refurbished and units created both fronting Paradise Parade and Blackfriars Street to provide large open plan ground floor space with ancillary accommodation. For leisure and retail uses.

Enquiries to:

Both schemes allow for the creation of new windows/doors along both main frontages.

James Lankfer t: 01223 559558 e: [email protected]

Important Notice These particulars do not form part of any offer or contract and should not be relied upon as statements or representatives of fact. Bidwells LLP has no authority to make or give in writing or verbally any representation or warranties in relation to the property. Any areas of measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. No assumptions should be made that the property has all necessary planning, building regulation or other consents. Bidwells LLP have not carried out a survey, nor tested the services, appliances or facilities. Purchasers must satisfy themselves by inspection or otherwise. In the interest of Health & Safety, please ensure that you take due care when inspecting the property. Bidwells LLP is a limited liability partnership registered in England & Wales (registered number OC344553). Registered head office is Bidwell House, Trumpington Road, Cambridge, CB2 9LD, where a list of members is available for inspection.