7, Norfolk Street, Kings Lynn, Norfolk, PE301AR
Business rates & charges may apply
- SIZE
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- SECTOR
Commercial property for sale
Key features
- INCOME PRODUCING INVESTMENT* Tenanted retail unit in in EXCELLENT TRADING POSITION over ground & first floor with parking. Currently producing £70,000 per annum on a FRI Lease. SUPERSIZE 13,099
- Entirely let to TG Jones Retail Holdings Limited (t/a TG Jones, formerly WH Smith) On a lease expiring 2029 (no breaks) Current Rent Reserved £70,000 p.a. Market rent £140,000 p.a.
- Ground floor compromises a substantial retail area. At the rear is the Post Office customer service counter and financial advisory room, with a storage space and area to access to the service lift.
- The first floor includes a large storage space, offices, and staff amenities. The layout provides options for development and alternative uses (subject to planning consent).
- POPULAR LOCATION Occupiers close by include Specsavers, Vodaphone, Cafe Nero. Three, The Works, Mark & Spencer, JD Sports, Halifax and Boots Opticians amongst others.
Description
** SALE BY AUCTION - 09 July 2026 - Timed Online Auction **
ENHANCED TERMS OFFERED ON THIS LOT...
Lower Deposit: 5% of Sale Price.
Reduced Buyers Fee: 2% of Sale Price (Min £3250 ?)
INCOME PRODUCING INVESTMENT* Tenanted retail unit in in EXCELLENT TRADING POSITION over ground & first floor with parking. Currently producing £70,000 per annum on a FRI Lease. SUPERSIZE 13,099 sq ft Entirely let to TG Jones Retail Holdings Limited (t/a TG Jones, formerly WH Smith) On a lease expiring 2029 (no breaks) Current Rent Reserved £70,000 p.a. Market rent £140,000 p.a. Total accommodation of approx. 1,216.95 sq m (13,099 sq ft) Ground floor compromises a substantial retail area. At the rear is the Post Office customer service counter and financial advisory room, with a storage space and area to access to the service lift. The first floor includes a large storage space, offices, and staff amenities. The layout provides options for development and alternative uses (subject to planning consent). There is a large loading and parking area at the rear via Broad Street, with space for at least 10 cars. POPULAR LOCATION Occupiers close by include Specsavers, Vodaphone, Cafe Nero. Three, The Works, Mark & Spencer, JD Sports, Halifax and Boots Opticians amongst others.
Norfolk Street is a street in Kingâ??s Lynn, a historic market town and port in the county of Norfolk. It lies in the town centre of Kingâ??s Lynn and is located close to the townâ??s main shopping and pedestrianised areas, linking High Street with other central streets. Norfolk Street is primarily commercial and retail, forming part of the busy town centre around High Street and the pedestrianised shopping zones. It is lined with shops and businesses typical of a market town centre (e.g., clothing stores and independent shops), and sits near larger retailers and the Vancouver Quarter shopping area.
Auction Details
09 July 2026, 10am-3pm
Timed Online Auction
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7, Norfolk Street, Kings Lynn, Norfolk, PE301AR
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Kings Lynn Station0.3 miles
Notes
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*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.”