16/16A King Street Thetford Norfolk IP24 2AP

16/16A King Street
Thetford
Norfolk
IP24 2AP

Freehold Town Centre Retail Investment

Retail unit let to Phoenix Vapers Limited until April 2029 (no breaks)
Approx. 94.21 sq m (1,014 sq ft)
Prime pedestrianised town centre location
Nearby occupiers include Costa Coffee, Poundland, Card Factory, The Works, Savers Health & Beauty and TG Jones
VAT-free investment

Lot
34
Auction
11th June 2026
Rent
£20,000 per Annum Exclusive
Status
Available
Guide*
£150,000
Auction Venue
Live Streamed Auction

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Freehold Town Centre Retail Investment

Retail unit let to Phoenix Vapers Limited until April 2029 (no breaks)
Approx. 94.21 sq m (1,014 sq ft)
Prime pedestrianised town centre location
Nearby occupiers include Costa Coffee, Poundland, Card Factory, The Works, Savers Health & Beauty and TG Jones
VAT-free investment

Lot 34
Auction 11th June 2026
Rent £20,000 per Annum Exclusive
Status Available
Guide* £150,000
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 13 miles north of Bury St Edmunds, 35 miles south-west Norwich, 35 miles north-west of Ipswich
Roads: A11, A134, A1066
Rail: Thetford Train Station
Air: Stansted Airport

Situation

The property is prominently situated on the east side of King Street, the prime pedestrianised retail thoroughfare in Thetford town centre. Nearby occupiers include Costa Coffee, Poundland, Card Factory, The Works, Savers Health & Beauty and TG Jones.

Tenure

Freehold.

Location

Miles: 13 miles north of Bury St Edmunds, 35 miles south-west Norwich, 35 miles north-west of Ipswich
Roads: A11, A134, A1066
Rail: Thetford Train Station
Air: Stansted Airport

Situation

Tenure

Freehold.

Description

The property comprises a retail unit arranged on the ground floor with ancillary accommodation on the first floor.

VAT

VAT is not applicable to this lot.

EPC

Band C.

Description

The property comprises a retail unit arranged on the ground floor with ancillary accommodation on the first floor.

VAT

VAT is not applicable to this lot.

EPC

Band C.

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.
Ground First	Retail/Ancillary Ancillary	76.93 17.28	(828) (186)	PHOENIX VAPERS LIMITED (t/a Poenix Vapers) (1)	5 years from 24/04/2024	£20,000
Total		94.21	(1,014)			£20,000

(1) A £6,000 rent deposit is held by the Landlord. The lease is outside of the security of tenure provisions of the Landlord and Tenant Act 1954.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.