Guide price
£120,000
Retail premises for sale16 & 16A King Street, Thetford, Norfolk IP24
Just added
Auction
Freehold
About this property
Guide Price = £120,000+
**For Sale By Public Auction 15th July 2026 12:00 pm. To inspect the legal documents for this property go to our website to download the legal pack**
A Commercial Building Arranged to Provide a Ground Floor Retail Unit and First Floor Ancillary Space Let Producing £20,000 Per Annum
Tenure
Freehold
Location
The property is situated on a mixed use road close to local shops and amenities. Nearby multiples include Costa Coffee, Subway and Superdrug. The open spaces of Castle Park are within easy reach. Transport links are provided by Thetford rail station.
Description
The property comprises a commercial building arranged to provide a ground floor retail unit and a first floor ancillary space.
Accommodation
Ground Floor
Retail Unit
First Floor
Ancillary Space
Total G.I.A Approximately 94 sq m (1,014 Sq Ft)
Tenancy
The property is let to Phoenix Vapers Limited from 24th April 2024 until 24th April 2029 at a rent of £20,000 per annum. There is a £6,000 rent deposit.
Phoenix Vapers Limited has 13 locations throughout the UK.
Open for Viewings During Normal Business Hours
**For Sale By Public Auction 15th July 2026 12:00 pm. To inspect the legal documents for this property go to our website to download the legal pack**
A Commercial Building Arranged to Provide a Ground Floor Retail Unit and First Floor Ancillary Space Let Producing £20,000 Per Annum
Tenure
Freehold
Location
The property is situated on a mixed use road close to local shops and amenities. Nearby multiples include Costa Coffee, Subway and Superdrug. The open spaces of Castle Park are within easy reach. Transport links are provided by Thetford rail station.
Description
The property comprises a commercial building arranged to provide a ground floor retail unit and a first floor ancillary space.
Accommodation
Ground Floor
Retail Unit
First Floor
Ancillary Space
Total G.I.A Approximately 94 sq m (1,014 Sq Ft)
Tenancy
The property is let to Phoenix Vapers Limited from 24th April 2024 until 24th April 2029 at a rent of £20,000 per annum. There is a £6,000 rent deposit.
Phoenix Vapers Limited has 13 locations throughout the UK.
Open for Viewings During Normal Business Hours
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Monthly repayment
£600 per month
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