290-304 Aylsham Road, Norwich

Guide price

£290,000

Auction

Size

5,191

Tenure

Freehold

EPC

Parking

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Primary use
Mixed use

No floor / site plan

Key features

  • A freehold investment opportunity
  • Large ground floor retail unit with basement storage and allocated parking
  • Ground floor retail unit let on a lease expiring 30/11/2033 t/a a food market
  • Total NIA approx. 5,191 sq ft (482 sq m)
  • Rent rising to £45,000 p.a. in 2027 (15.51% GIY on guide price)
  • Investment let at £42,500 p.a. (14.65% GIY on guide price)

Description

A substantial freehold mixed-use investment opportunity comprising a large ground floor retail unit trading as a food market, with ancillary basement storage and its own car park, together with the freehold reversion to 4 self-contained duplex flats, sold off on long leases.

Total NIA approx. 5,191 sq ft (482 sq m)

Investment let at £42,500 p.a. (14.65% GIY on guide price) (Rising to £45,000 p.a. in 2027)

The property is situated with frontage to the busy A1402 Aylsham Road, less than 2 miles north of Norwich City Centre and approximately 500 metres from the Ring Road.

The immediate area provides a mix of commercial and residential uses, and nearby occupiers include Lidl, Mecca Bingo, ATS Tyres, Tesco Express and The Mile Cross Library.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

290-304 Aylsham Road, Norwich

NEAREST STATIONS

National Rail

Norwich Station

1.92 miles

National Rail

Salhouse Station

4.94 miles

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Disclaimer - Property reference 1F128B63-66D0-45C6-8EF4-BA541591EAF6. 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 Savills National , Savills Auctions- Commercial. 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.