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4 Westgate St 1,534 SF 100% Leased Retail Building Blakeney NR25 7NF $1,879,872 CAD ($1,225.47 CAD/SF)



Investment Highlights
- Located at the western end of The Quay in historic Blakeney
- Traditional character blended with modern mixed-use functionality
- Within an Area of Outstanding Natural Beauty along the Coastal Path
Executive Summary
Freehold mixed-use investment property in Blakeney comprising two retail units and a self-contained two-bedroom apartment. Current total income of £54,699.60 per annum with index-linked growth potential. Retail units leased together at £42,000 per annum until January 2029, with a five-year renewal option at capped rent. Apartment let under a ten-year term from February 2019 at £12,699.60 per annum, subject to upward-only RPI increase in 2028. Property includes a gallery and lifestyle retail offerings at a prominent coastal location adjacent to the Coastal Path within an Area of Outstanding Natural Beauty. Potential for future development or extension, subject to consents.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,534 SF
Building Class
B
Year Built
1890
Price
$1,879,872 CAD
Price Per SF
$1,225.47 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Amenities
- Courtyard
- Signage
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4 Westgate St
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