26 High Street, Kings Lynn, PE30 1BP
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- To be offered on Tuesday 25 November
- High Yielding Mixed-Use Investment/Development Opportunity
- Ground Floor Retail Unit with Upper Parts
- Ground Floor Unit Let to Reed
- Lease Expires 15.10.2028
- 2025 Break Option Not Exercised
- Vacant Upper Parts Totaling 1,743 sq ft (161.92 sq m)
- Development/Conversion Potential (stp)
- 3,228 sq ft (299.89 sq m)
- Prominent Pedestrianised Pitch
Description
StrapLine
Auction Sale - 24/11/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteHigh Yielding Mixed-Use Investment/Development Opportunity
Ground Floor Retail Unit Let to Reed on a Lease Expiring 15.10.2028 - 2025 Break Option Not Exercised
Upper Parts Vacant and Offering Development/Conversion Potential (subject to obtaining the requisite consents)
Investment Let at £25,000 per annum
Description
The property comprises a high yielding, mixed-use, investment/development opportunity situated on a prominent pedestrianised pitch.
Arranged across ground, first and second floors, the Grade II listed building comprises a retail unit to the ground floor, with offices to the upper parts.
The ground floor is currently let to Reed In Partnership Limited on a lease expiring 15.10.2028 and paying £25,000 per annum. The tenant did not serve their 2025 break option displaying confidence in the location. The tenant uses the property as a Driving Theory Test Centre.
The upper parts benefit from separate access from Sedgeford Lane and comprise office/ancillary space. The offices are currently vacant and therefore offer asset management potential via letting or the potential to convert to alternative uses, including residential (subject to obtaining the requisite consents).
Whilst there are no extant planning consents, plans have been drawn up for a potential conversion of the upper parts to provide 3 x one bedroom flats.
The property is situated in the heart of Kings Lynn, a historic port and market town, with a frontage to the pedestrianised high street and adjacent to the junction with the pedestrianised New Conduit Street. The property therefore benefits from high footfall with the surrounding area comprising similar retail and mixed uses. Nearby occupiers include Primark, Boots, Clarks and Starbucks.
Accommodation
- Ground - 1,485 sq ft (137.96 sq m)
- First - 1,130 sq ft (104.98 sq m)
- Second - 613 sq ft (56.95 sq m)
- Total - 3,228 sq ft (299.89 sq m)
26 High Street, Kings Lynn, PE30 1BP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Kings Lynn Station0.3 miles
Notes
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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