Old Market Street, Thetford, Norfolk, IP24

A substantial office building with potential for residential conversion, subject to planning permission. The property has a Gross Internal Area of approx. 727.45 sqm (7,830 sqft). The current business is unaffected.

THE PROPERTY
The Gables is a Grade II listed office building with later side and rear office extensions. The front of the property presents white brick elevations under a clay pantile roof with parapet wall. The Gross Internal Area of the whole property is approx. 727.45 sqm (7,830 sqft). There is a section of flying freehold over the adjacent Hadley House. The property benefits from a rear car park and has a total site area of approx. 0.297 acres.

ACCOMODATION
THE GABLES
The Gables is a two-story office building with a main front entrance onto Old Market Street leading to a reception, three meeting rooms, two offices, store, visitor WCs and female WCs on the ground floor. On the first floor there are ten offices, male WC’s and two storage rooms.

REAR OFFICE BUILDING
Connected to The Gables is a later rear two storey office building extension. The ground floor comprises of three offices and a staff kitchen. The first-floor compromises an open plan office space with one enclosed office space.

OUTSIDE
There is a rear car parking area accessed from Old Market Street via an archway through the property.

LOCAL AUTHORITY
Breckland Council

BUSINESS RATES
21 Old Market Street (The Gables) Ratable Value: £21,000 RV 2023. The Buyer will be responsible to pay the Business Rates.

TENURE
Freehold with Vacant Possession.
There is also a section of first floor flying freehold over the adjacent property Hadley House.

ENERGY PERFORMANCE CERTIFICATE (EPC)
Exempt – The Gables is Grade II listed.

METHOD OF SALE
The property is available by Private Treaty. The Vendors reserve the right to invite best offers.

BOADBAND SPEED
Download speed up to 900 mbps (BT, 2025)
Upload speed up to 110 mbps (BT, 2025)

MOBILE COVERAGE
Indoor – Likely – EE & O2 (Ofcom, 2025)
Outdoor – Likely – EE, Three, O2 & Vodafone (Ofcom, 2025)

SERVICES
Mains electricity, gas, water and drainage. We understand there is a gas-fired central heating system. We have not tested any of the services or appliances.

PLANNING
The property is Grade II listed and is within the Conservation Area. Castle Hill to the rear of the property is a Scheduled Monument. The rear office building was granted planning permission on 12.12.1989 under application reference no. 3/89/1707. We understand under this consent there is permission to further extend the rear office building with foundations installed to preserve the planning permission. Further details are available from the agent. There have been a number of recent conversions of commercial buildings to residential on Old Market Street including The Maltings, 3 Old Market Street. All interested parties should make their own enquiries regarding the planning potential of the property with the Local Planning Authority.

LOCATION
The property is located on Old Market Street close to Thetford Town Centre. Thetford benefits from shopping and leisure facilities including the High Street shops, Forest Retail Park and historical monuments such as Thetford Priory and Castle Hill. There is good access to the A11 and the railway station at Thetford offers services to Norwich and Cambridge.

DIRECTIONS
From Thetford’s Town Centre Market Square continue on Market Place/Guildhall Street passing The Royal British Legion Building on your righthand side. Continue on Guildhall Street for approx. 0.1 mile until you reach a cross roads. At the cross roads continue straight over onto Old Market Street. Continue on Old Market Street for approx. 0.1 mile and the property is located on your lefthand side.
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AGENT’S NOTES
• The current business is unaffected. We understand they are relocating to new premises.
• Property particulars prepared February 2025

VIEWING AND FURTHER INFORMATION
Strictly by appointment only. To arrange a viewing or for further information please see attached property particulars.