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Retail/Shop

Retail/Shop For Sale Norwich

PROPERTY ID: 135130

PROPERTY TYPE

Retail/Shop

STATUS

Available

SIZE

0 sq.ft

Key Features

Rare freehold
City Centre location
Potential for vacant possession
Potential for residential conversion on upper floors

Property Details

The property comprises a basement and ground floor retail shop and three further upper floors. Gross and net square footages are as follows: Description Gross sq ft Net sq ft Ground floor 764 764 First floor 764 505 Second floor 764 505 Third floor 593 593 Basement 720 720 Total 3,605 3,087 The Body Shop currently occupies the basement and ground floor and are currently paying £80,000 per annum although it is the intention for them to vacate. The upper first and second floors are used by a hairdresser and beauty salon by way of a license that can be broken on two month's notice. The current rent is £10,000 per annum. The third floor is currently unoccupied. Vacant possession may therefore be obtained. There is a separate access to the upper floors that could be converted to residential accommodation, subject to planning.

Rare Freehold City Centre Location Potential For Vacant Possession Potential For Residential Conversion On Upper Floors Freehold Retail Unit - For Sale 8 Castle Street, Norwich, Norfolk, Nr2 1pd Detailed Description The Property Comprises A Basement And Ground Floor Retail Shop And Three Further Upper Floors. Gross And Net Square Footages Are As Follows: Description Gross Sq Ft Net Sq Ft Ground Floor 764 764 First Floor 764 505 Second Floor 764 505 Third Floor 593 593 Basement 720 720 Total 3,605 3,087 The Body Shop Currently Occupies The Basement And Ground Floor And Are Currently Paying £80,000 Per Annum Although It Is The Intention For Them To Vacate. The Upper First And Second Floors Are Used By A Hairdresser And Beauty Salon By Way Of A License That Can Be Broken On Two Month's Notice. The Current Rent Is £10,000 Per Annum. The Third Floor Is Currently Unoccupied. Vacant Possession May Therefore Be Obtained. There Is A Separate Access To The Upper Floors That Could Be Converted To Residential Accommodation, Subject To Planning. Location The Property Is Located On Castle Street In Central Norwich Between Davey Place And Old Post Office Court. This Is One Of The Busiest Footfalls In The City. Nearby Occupiers Include Dipple & Conway, Joules, Waterstones, Sea Salt, Crew Clothing, Joules And Boots Opticians Amongst Many Others.

About the Agent

Retail Unit

POA

8 Castle Street, Norwich, NR2 1PD
Retail/Shop - Available
0 sq ft
0 sqm
Show phone number

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