Greyfriars House, 18-20 Prince Of Wales Road, Norwich

Guide price

£400,000

Auction

Size

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Tenure

Freehold

EPC

Parking

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Primary use
Traditional office
Capacity
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Desks
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No floor / site plan

Key features

  • Freehold
  • Mixed-Use Property Comprising 6,038 sq ft (561 sqm)
  • Two Retail Units Let to a Barber Shop and A Restaurant
  • Two Vacant Self Contained Office Floors
  • Instant Asset Management Potential Through Leasing Offices
  • Permitted Development Potential, Subject To Obtaining The Necessary Consents
  • Well-Located In The Centre of Norwich
  • VAT is applicable
  • ERV £56,500 per annum (14.13% GIY on Guide Price)
  • Investment Let at £36,500 per annum

Description

Comprises three-storey retail & office building. The ground floor provides two retail units fronting Prince of Wales Road t/a Barber Shop (No.18) and Restaurant (No.20). The first and second floor provides self-contained office accommodation. Each floor benefits from lift access and its own utilities, providing the following accommodation and dimensions:

Ground Floor Shop No.18: 91 sq m (979 sq ft)

Ground Floor Shop No.20: 110 sq m (1,185 sq ft) First Floor Office: 180 sq m (1,937 sq ft) Second Floor Office: 180 sq m (1,937 sq ft)

Total GIA: 561 sq m (6,038 sq ft)

Permitted development potential of the first and second floor, subject to obtaining the necessary consents.

Norwich city centre provides an extensive range of shops and amenities. Norwich Station is within walking distance, approximately 0.4 miles away from the property. The property is located on Prince of Wales Road, which is the main thoroughfare from the city centre and Tombland to the Riverside complex and train station. The area is a mixture of bars, offices, and residential accommodation and within easy walking distance to the main shopping areas of Chantry Place and Castle Quarter. Occupiers nearby include restaurant`s, estate agents, convenience store and many more.
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

Greyfriars House, 18-20 Prince Of Wales Road, Norwich

NEAREST STATIONS

National Rail

Norwich Station

0.36 miles

National Rail

Salhouse Station

4.94 miles

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