Located in a 100% prime pitch in Norwich city centre, this property is surrounded by leading national retailers including Primark, Next and M&S, enabling it to benefit from exceptional visibility and high footfall.

𝗞𝗲𝘆 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:-
-Let to Mountain Warehouse, Cornish Bakehouse and Subway.
-All commercial leases rebased since 2022, supporting rental growth.
-Weighted average unexpired lease term: 8.35 years to expiry / 7.15 years to break.
-Planning permission to convert upper parts into 13 residential flats with a courtyard.
-Current passing rent: £359,000 per annum.
-Freehold.

We’ve been instructed to seek offers in excess of £4.5m, reflecting a NIY of 8% on the commercial income, and £290,000 for the upper parts which benefit from planning consent.

Take a look at the brochure below, then get in touch with Tom Heptonstall and Patrick Kilvington, or our joint agents Francis Darrah Chartered Surveyors’ Francis Darrah and Carol Cooper, for more information.

Norwich Haymarket And Rampant Horse Street Brochure