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15-17 Haymarket & 2 Rampant Horse Street , Norwich, Norfolk, NR2

£4,500,000

£171.80 per sq ft

Business rates & charges may apply

FMX Urban Property Advisers, FMX Urban Property Advisers
SIZE AVAILABLE

26,194 sq ft

2,434 sq m

SECTOR

High street retail property for sale

Description

* Norwich is an affluent and historic cathedral city and the retailing and administrative centre for East Anglia.

* The property occupies a highly prominent position within the 100% prime pitch, benefitting from high pedestrian footfall.

* Located in close proximity to Primark, Next and M&S.

* The property is let on new leases to Mountain Warehouse Limited, Cornish Bake House and GA&M Enterprises Ltd t/a Subway.

* All commercial leases rebased since 2022, supporting rental growth prospects.

* GA&M have traded from the property since May 2008.

* Attractive Weighted Average unexpired lease term of 8.35 years to lease and 7.15 years to break.

* Planning permission in place to convert the upper parts into 13 residential flats, with external court yard.

* Current passing rent of £359,000 per annum.

* Freehold.

Brochures

15-17 Haymarket & 2 Rampant Horse Street , Norwich, Norfolk, NR2

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Norwich Station0.6 miles
  • Salhouse Station5.3 miles

About FMX Urban Property Advisers, FMX Urban Property Advisers

4th Floor, 41-43 Maddox Street, London, W1S 2PD

Notes

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