32-38 St. James Street and 23 & 27 Tower Place, King's Lynn, Norfolk PE30 5DA
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Commercial units with sixteen parking spaces
- One unit currently let at £7,200 pa
- Remaining units vacant
- Guide price: £300,000
- For sale by livestream auction
- Unless previously sold or withdrawn prior
- 10:00am, Wednesday 9th December 2026
Description
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 9th DECEMBER 2026
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
Vacant commercial units with sixteen parking spaces with one of the commercial premises currently let producing £7,200 pa
The main commercial building is held under a 999 year lease from 12 July 2023 at a peppercorn rent.
The approximate floor areas are, 27 Tower Place and 34 to 38 St James Street, combined ground floor: 210.61 sq/m gross internal area. 32 St James Street: 68.28 sq/m net internal area. First floor storage accessed from the yard: 16.94 sq/m net internal area and 23 Tower Place, currently let as a hair salon including ancillary rooms: 52.42 sq/m net internal area.
The premises are located in the town centre of King's Lynn which has a wide range of amenities including shops, schools and leisure facilities. There is a main line station with rail links to Ely, Cambridge and London's Kings Cross Station.
Leasehold Information Term: 999 years from 12 July 2023
Annual ground rent amount: Peppercorn
Annual service charge amount: Please refer to legal pack
Service charge review period: Please refer to legal pack
Business Rates 32 St James Street - according to the Valuation Office website the premises has a current rateable value of £6,700 with effect from 1 April 2026.
23 Tower Place - according to the Valuation Office website the premises has a current rateable value of £6,600 with effect from 1 April 2026.
Note The postcode for 23 & 27 Tower Place is PE30 5DF
Tenure: Leasehold
Lease Details: 999 years from 12 July 2023
EPC Rating: C
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
32-38 St. James Street and 23 & 27 Tower Place, King's Lynn, Norfolk PE30 5DA
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 Auction House East Anglia, Norwich on 01603 361707.
*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.”