Guide price
£64,000
Retail premises for sale16/16A King Street, Thetford IP24
Just added
Auction
Freehold
About this property
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For sale by Under The Hammer online auction on Wednesday 12th August 2026. Head over to our website to download the legal pack, register to bid and see more information.
A Freehold Town Centre Retail Investment prominently positioned on the prime pedestrianised section of King Street in the heart of Thetford town centre. Fully let to Phoenix Vapers Limited (trading as Phoenix Vapers) who hold multiple sites across the UK, this commercial investment offers an attractive opportunity for investors seeking an established income-producing asset in a strong retail location.
The property comprises a ground floor retail unit with ancillary accommodation to the first floor, providing well-arranged commercial space suitable for the tenant's ongoing business. The current lease commenced on 24th April 2024 for a term of 5 years, expiring in April 2029, with no break clauses, producing a current rental income of £20,000 per annum. The unit is approximately 94.21sq m (1,014sq ft)
Occupying a highly visible position within Thetford's principal shopping area, the property benefits from consistent pedestrian footfall and is surrounded by a range of established national retailers including Costa Coffee, Poundland, Card Factory, The Works, Savers Health & Beauty, and tg Jones, reinforcing the strength of the location and its long-term investment appeal.
Situated in the historic market town of Thetford, the property enjoys excellent accessibility with a wide range of shops, cafés, restaurants, and local amenities close by. The town benefits from strong transport links via the A11, providing direct connections to Norwich, Cambridge, and the wider East Anglia region, while Thetford railway station offers regular services to Cambridge, Norwich, and London, making this a well-connected and desirable commercial investment location.
Here's what to do next
If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website
A Freehold Town Centre Retail Investment prominently positioned on the prime pedestrianised section of King Street in the heart of Thetford town centre. Fully let to Phoenix Vapers Limited (trading as Phoenix Vapers) who hold multiple sites across the UK, this commercial investment offers an attractive opportunity for investors seeking an established income-producing asset in a strong retail location.
The property comprises a ground floor retail unit with ancillary accommodation to the first floor, providing well-arranged commercial space suitable for the tenant's ongoing business. The current lease commenced on 24th April 2024 for a term of 5 years, expiring in April 2029, with no break clauses, producing a current rental income of £20,000 per annum. The unit is approximately 94.21sq m (1,014sq ft)
Occupying a highly visible position within Thetford's principal shopping area, the property benefits from consistent pedestrian footfall and is surrounded by a range of established national retailers including Costa Coffee, Poundland, Card Factory, The Works, Savers Health & Beauty, and tg Jones, reinforcing the strength of the location and its long-term investment appeal.
Situated in the historic market town of Thetford, the property enjoys excellent accessibility with a wide range of shops, cafés, restaurants, and local amenities close by. The town benefits from strong transport links via the A11, providing direct connections to Norwich, Cambridge, and the wider East Anglia region, while Thetford railway station offers regular services to Cambridge, Norwich, and London, making this a well-connected and desirable commercial investment location.
Here's what to do next
- Visit - Our website and view the auction terms.
- View - Book a viewing directly through our website.
- Register - Get registered prior to the auction opening date.
- Legal Pack - Download and view the legal pack to find out all the relevant information.
- Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.
- Bidding - Everything is completed online through the website and the intuitive bidding controls.
If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website
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