15-17 Haymarket & 2 Rampant Horse Street

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.