Guide price
£300,000
Industrial for saleSt. James Street, King's Lynn PE30
Just added
Auction
Leasehold
About this property
For sale by auction on Wednesday, 09 Dec 2026 at 10:00
Venue: Livestream Auction
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
EPC Rating: C
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
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
EPC Rating: C
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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