82 Upper St Giles St - Storefront Retail/Office FOR SALE


Norwich, NFK NR2 1LT
$375,000 USD
82 Upper St Giles St, Norwich, NFK for Sale
$375,000 USD
Storefront Retail/Office - FOR SALE
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82 Upper St Giles St
Norwich, NFK NR2 1LT


HIGHLIGHTS

  • The property comprises a restaurant on the ground floor and basement, with offices above on the first and second floors.
  • The first floor offers mostly open plan space either side of a central core.
  • The specification includes beams and original features in the front section, along with carpeted floors, plastered walls & ceilings

OVERVIEW

Ground floor The ground floor is let on a 15 year lease from October 2016 (expiring in 2031) at a rent passing of £18,500 per annum. A copy of the lease and licence to assign to the current occupier is available upon request. Upper floors The upper floors provide an excellent opportunity to convert the existing offices to residential. Plans have been drawn up showing three flats on the first floor and one flat on the second floor. Further details upon request. The property is available freehold at a guide price of £375,000.

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$82 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1750

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,200 SF

ZONING

-

APN/PARCEL ID

NK35308

ASK ABOUT THIS PROPERTY

William JonesBidwells LLPMore Info

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