Summary - 45, KING STREET IP24 2AU
1 bed 1 bath Commercial Property
Auction sale with vacant possession; suitable for investor or owner-operator.
Grade II Listed prominent mid-terrace retail premises
A prominent Grade II Listed mid-terrace commercial property on Thetford’s main shopping thoroughfare. The ground floor offers glazed timber-framed frontage and retail space with ancillary first-floor storage; total NIA 864 sq.ft (80.27 sq.m). The freehold is offered with vacant possession and benefits from mains gas heating and underfloor heating, and double glazing.
This site suits an investor or owner-occupier looking for town-centre presence and redevelopment potential, subject to listed-building and conservation-area controls. The property occupies a visible position off King Street Square, within walking distance of the bus and rail stations and adjacent to established occupiers such as banks and national retailers.
Buyers should note material constraints: Grade II Listed status and conservation-area location will restrict alterations and may increase refurbishment costs. The property is sold at auction on 27 November 2025 with binding contracts on sale; a 10% deposit and a non-refundable buyers’ fee (2.4% inc VAT) apply. Prospective purchasers must review the Legal Pack and make independent enquiries before bidding.
Practical negatives to weigh include an EPC rating of D, a small plot size, and the local area’s high crime rate and relative deprivation, which could affect footfall and rental values. Viewing and specialist advice are recommended to confirm condition and compliance requirements before the auction.
Takeaway for sale in 45 King Street, Thetford, Norfolk, IP24 2AU, IP24 — £140,000 • 1 bed • 1 bath • 864 ft²
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Office for sale in Red Cross Building, Guildhall Street, Thetford, Norfolk, IP24 2DT, IP24 — £495,000 • 1 bed • 1 bath • 5122 ft²
