£65,000

Retail premises for sale

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Leasehold

£65,000

(£114.44/sq. ft)

Retail premises for sale

High Street, Watton IP25

568 sq. ft

Local area information

Property location

Nearby amenities

  • Watton Westfield Infant and Nursery School 0.2 miles
  • Wayland Junior Academy Watton 0.2 miles
  • Harling Road 8.9 miles
  • Attleborough 9.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
  • Prominent double bay fronted high street shop in a busy trading location
  • Approx. 568 sq ft of ground floor commercial space
  • 9.23% gross yield
  • Layout includes shop front, secondary retail and changing area, kitchen, storage and WC
  • Shared rear access from car park plus 1 private parking space
  • Currently tenanted at £500 pcm (£6,000 pa) on a rolling yearly tenancy from October 2025
  • Leasehold – 199 years from 1987
  • Built in 1871 within a conservation area (not listed)
  • EPC Rating: C - Rateable value (1 April 2023 to present) £5,900
  • Available to view immediately
Tenanted, prominent double bay fronted high street shop in Watton, with 568 sq ft of versatile space with private parking. Offering a 9.23% gross yield at the asking price.

53 High Street, Watton.

Paul Hubbard Commercial are pleased to present this well-located retail investment opportunity in the popular market town of Watton, now available for sale at £65,000.

This prominent double bay-fronted high street shop offers an excellent opportunity for investors seeking a well-positioned and income-producing property. Built in 1871, the shop forms part of a conservation area (not listed) and benefits from a strong window frontage, good decorative order, and a location with high footfall and passing traffic.

The premises extend to approximately 568 sq ft, arranged with a shop front leading to a secondary retail/changing area, kitchen, storage, and WC. To the rear, there is shared access with the neighbouring unit from the car park, together with the benefit of one private parking space.

The property is currently let at £500 per calendar month (£6,000 per annum) on a yearly rolling lease from October 2025, providing a steady rental income and attractive return for investors.

Watton is a thriving market town in Norfolk, well regarded for its range of independent shops, national retailers, local services and weekly market. Its growing population and established high street position make it an appealing location for a range of business ventures and a sound commercial investment.

Offered on a long leasehold (199 years from 1987) with a £25 per year ground rent and an EPC rating of C, this versatile property represents an affordable and appealing investment in a strong trading location.

Current rateable value (1 April 2023 to present): £5,900

Disclaimer

Paul Hubbard Commercial for themselves and for the vendors/lessors of this property give notice that: (1) these particulars are set out as a general outline only and do not constitute any part of an offer or contract; (2) all descriptions, dimensions, references to condition, use, and other details are given in good faith but without responsibility and should not be relied upon as statements or representations of fact; (3) interested parties must satisfy themselves as to the accuracy of all information and carry out their own investigations, including planning, rates, and services; and (4) all figures quoted are exclusive of VAT unless stated otherwise. Subject to contract and availability.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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  1. Zoopla
  2. Commercial for sale
  3. Norfolk
  4. Thetford
  5. Watton
  6. High Street