Mountain Warehouse Norwich

Prime Freehold Retail Investment Opportunity – Mountain Warehouse, Norwich

2 November, 2023
Prominently located in the heart of Norwich city centre, we’ve been instructed to market the Mountain Warehouse unit at 15-17 Haymarket & 2 Rampant Horse Street, which represents a fantastic opportunity to secure a prime retail investment in an affluent and historic regional city.
Mountain Warehouse Norwich

The property is let to both Mountain Warehouse and GA&M Enterprises, trading as Subway. Mountain Warehouse has recently signed a new 10-year lease without break, while Subway has traded from the unit since May 2008. It currently generates a passing rent of £334,000 per annum.

The unit’s 100% prime pitch sees it situated opposite the city’s extensive town centre Hay Hill redevelopment and in close proximity to Primark, Next and M&S.

FMX's Tom Heptonstall and Patrick Kilvington have been instructed alongside Francis Darrah and Carol Cooper of Francis Darrah Chartered Surveyors to seek offers in excess of £4.18m, reflecting a net initial yield of 7.5%. Get in touch now to start a conversation, so you don’t miss out!

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