Guide price

£579,995

Retail premises for sale
Norfolk Street, Kings Lynn, Norfolk PE30

    Just added
    Added on 06/04/2026

    About this property

    • Prime Town Centre Location

    • 11,770 sq ft over two floors –

    • Ground retail/Post Office

    • Rear parking for 10+ cars.

    • Secure Income: Fri lease to wh Smith (Creditsafe 86/100) until June 2029 at £70,000 pa

    • Freehold: O/o £600,000

    A rare opportunity to acquire a substantial freehold commercial property in the heart of the pedestrianised Norfolk Street, one of the town’s busiest and most established retail locations. Positioned alongside major national operators including M&S, Boots and Café Nero, and directly housing the main town Post Office, this property benefits from exceptional and consistent footfall.
    Property Highlights

    Prime pedestrianised towncentre location on historic Norfolk Street
    Extensive accommodation of approx. 11,770 sq ft arranged over two floors

    Ground floor: Retail/Post Office
    First floor: Additional commercial/ancillary space
    Private rear parking for 10+ vehicles
    Secure investment let to wh Smith (Creditsafe score 86/100)
    Fri lease in place until June 2029 generating £70,000 per annum
    wh Smith recently acquired/rebranded by Modella Capital to TGJones, reinforcing covenant strength
    Freehold: Offers over £600,000

    Investment Summary
    This is a strong, incomesecure towncentre investment with a nationally recognised covenant, excellent pedestrian exposure, generous floor area, and valuable parking provision - all in a location rarely available to the market.

    Norfolk is a ceremonial county in the East of England, known for its big skies, unspoilt coastline, rich history, and strong rural identity. It lies between Lincolnshire, Cambridgeshire, Suffolk, and the North Sea, with Norwich as its largest city and cultural centre.

    We would urge you to register a couple of days in advance as we cannot guarantee you will be registered on time to bid if we only receive your documents on the day of the auction.

    It is imperative that you register to bid in the name you wish the property to be registered with Land Registry on completion. If buying in a company name, please ensure to detail the company name on the registration. Once the property is exchanged, the vendor could decline to accept any change.

    Buyers should review the legal pack with their solicitor and ensure they do their own due diligence before deciding to purchase.

    All property offered at auction is under an unconditional contract, requiring the successful buyer to pay a 10% non-refundable deposit and complete within the terms of the contract, which will normally be 14 or 28 days. For these reasons, it is suitable for cash buyers only.

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    Monthly repayment

    £2,901 per month

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