Skip to content
Get brand editions for Auction House, East Anglia
COMMERCIAL

14-16 Lower Goat Lane, Norwich, Norfolk NR2 1EL

Guide Price
£450,000
Auction House, East Anglia
PROPERTY TYPE

Shop

SIZE

Ask agent

Key features

  • Grade II listed three storey city centre commercial building
  • Around 6,205 sq/ft
  • Guide price: £450,000 plus VAT
  • For sale by livestream auction
  • Unless previously sold or withdrawn prior
  • 11:00am, Thursday 8th May 2025

Description

FOR SALE BY LIVESTREAM AUCTION ON THURSDAY 8TH MAY 2025

TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE

Grade II listed three storey city centre commercial building with large shop front


This Grade II listed three storey mid terrace building is located within the city centre conservation area and extends to around 576 sq/m (6,205 sq/ft).

The ground floor provides considerable open-plan retail space with rear storage, staff areas and rear loading from Upper Goat Lane. It was previously let to The Games Table at £35,000 pa.

The first and second floors, accessed form their own doorway onto Lower Goat Lane have, most recently, been utilised as a restaurant providing separate first floor WCs, various seating areas, a commercial kitchen and a bar. It was previously let to Mambos at £21,500 pa.

it is now to be sold with vacant possession and is suitable for various uses, subject to the necessary consents.

Joint agent Arnold Keys

Description Ground Floor 260.50 sq/m (2,804 sq/ft)
First Floor 215.17 sq/m (2,316 sq/ft)
Second Floor 100.8 sq/m (1,085 sq/ft)
Total NIA 576.47 sq/m (6,205 sq/ft)
Location Lower Goat Lane is the heart of Norwich's famous Lanes, which is characterised by a wide range of independent traders and links the prime retailing area of Gentleman's Walk and The Market at Pottergate and wider lanes network. The property backs onto St Giles car park.
VAT Please note that VAT is payable on this Lot
Ratabale Value According to the Valuation Office website, the ground floor shop cafe premises has an area of 278.3 sq/m and a rateable value of £37,500, and the first floor restaurant premises has an area of 361.1 sq/m and a ratable value of £22,000, both with effect from the 1st April 2023. Combined ratable value £59,500.
Viewings Individual viewings can be arranged and the next are on the next are Tuesday 22 April - please call to arrange the next available slot.

Tenure: Freehold

EPC Rating: Ground floor: C First floor: D

Administration Fee: £1200 inc VAT payable on exchange of contracts.

Buyer's Premium Fee: £960 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

14-16 Lower Goat Lane, Norwich, Norfolk NR2 1EL

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Norwich Station0.7 miles
  • Salhouse Station5.2 miles
Get brand editions for Auction House, East Anglia

About Auction House, East Anglia

The Barn Newmarket Road Cringleford Norwich NR4 6UE
Industry affiliations:
Why Use Auction House East Anglia?

    Market position

    Auction House East Anglia are firmly established as East Anglia's no.1 property auctioneers (based on lots sold) and we sell over 80% of lot entries in our local auctions. We hold regular auctions in Norfolk and Suffolk and Cambridgeshire and have offices in Norwich, Kings Lynn, Peterborough and Ipswich.

    Trusted Brand

    Auction House East Anglia is part of the Auction House UK group of 40 regional auction rooms covering England, Scotland and Wales; the network sells more properties 'under-the-hammer' that any other auctioneer and are multi award winners.

    More auctions

    Auction House East Anglia hold 7 regional auctions per year, providing sellers short sale lead in times and more opportunity to sell, as well as weekly national auctions.

    Expert property auctioneers

    Auction House East Anglia is directed by Bryan Baxter as its resident auctioneer. Bryan's team is highly skilled and knowledgeable, ensuring that accurate advice is provided to sellers around Reserve and Guide Price setting. Bryan is also a regular 'celebrity' auctioneer featuring on the TV program Homes Under The Hammer.

    Types of property we sell

    We sell residential and commercial property and land, including land and tenanted investments.

    Help & advice

    Friendly free advice without obligation and that includes auction valuations. We visit all properties when providing advice this ensures accuracy

    Open House Viewings

    We organise attend three to four viewing sessions at each property lot entered into auction. This approach ensures we meet prospective buyers and creates the multiple viewing system creates prospective purchaser competition

    Areas covered

    Norfolk, Suffolk, Cambridgeshire, North Essex and South Lincolnshire

    Powerful marketing

    In order to get the best price each property needs effective promotion on the market, so we use the major UK property portals and our own auctionhouse.co.uk/estanglia website. Properties are also marketed via local and regional press such as the Eastern Daily Press, the Peterborough Telegraph, Your Local Paper and the East Anglian Daily Times

    Choice of auction method

    Auction House East Anglia provides non-conditional (immediate exchange) local and online auctions and conditional (flexible exchange) online auctions. The auction team will provide advice on the most suitable method of auction for your property or land.

    Notes

    These notes are private, only you can see them.

    Disclaimer - Property reference 202502141504sq_eisw. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, East Anglia. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, East Anglia on 01603 361653.

    *Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

    Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

    Map data ©OpenStreetMap contributors.