Guide price
£170,000
Retail premises for sale8 King Street, Thetford, Norfolk IP24
Just added
Auction
Freehold
About this property
For sale by auction on Wednesday, 21 Oct 2026 at 10:00
Venue: Livestream Auction
Substantial Town Centre Commercial and Residential Property – approx. 3,483 sq ft
A substantial three-storey property occupying a prominent High Street location in the centre of Thetford, extending to approximately 3,483 sq ft (323.6 sq m).
The property comprises extensive ground floor commercial accommodation with further accommodation over the first and second floors. In need of refurbishment, the property offers excellent scope for reconfiguration and potential investment, subject to the necessary consents.
Current rateable value (1 April 2026 to present) is £18,750 according to the government website.
An attractive opportunity for investors, developers and owner-occupiers seeking a substantial town centre property with scope to add value.
Ground Floor
Commercial Accommodation
First Floor
Residential Accommodation
Second Floor
Residential Accommodation
Rateable Value
According to the Valuation Office website the property has a current rateable value of £18,750 with effect from 1 April 2026.
EPC Rating: E
Additional Fees
Buyers Premium: £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Livestream Auction
Substantial Town Centre Commercial and Residential Property – approx. 3,483 sq ft
A substantial three-storey property occupying a prominent High Street location in the centre of Thetford, extending to approximately 3,483 sq ft (323.6 sq m).
The property comprises extensive ground floor commercial accommodation with further accommodation over the first and second floors. In need of refurbishment, the property offers excellent scope for reconfiguration and potential investment, subject to the necessary consents.
Current rateable value (1 April 2026 to present) is £18,750 according to the government website.
An attractive opportunity for investors, developers and owner-occupiers seeking a substantial town centre property with scope to add value.
Ground Floor
Commercial Accommodation
First Floor
Residential Accommodation
Second Floor
Residential Accommodation
Rateable Value
According to the Valuation Office website the property has a current rateable value of £18,750 with effect from 1 April 2026.
EPC Rating: E
Additional Fees
Buyers Premium: £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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