8 Castle Street, Norwich, Norfolk, NR2 1PD

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.