This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

14-16 Lower Goat Ln

6,240 SF 100% Leased Retail Building Norwich NR2 1EL £675,000 (£108/SF) 5.19% Net Initial Yield

Investment Highlights

  • High Street location
  • Neighboured by range of retailers including cafes, restaurants, and convenience stores
  • High passing footfall

Executive Summary

The freehold interest in the property is available for sale at £675,000 exclusive.
The ground floor provides an open-plan retail space with rear storage, staff areas and rear loading from Upper Goat Lane.
The first and second floors, accessed form their own doorway onto Lower Goat Lane have, most recently, been utilised as a restaurant providing separate first floor WCs, various seating areas, a commercial kitchen and a bar.

Property Facts

Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
6,240 SF
Building Class
B
Year Built
1850
Price
£675,000
Price Per SF
£108
Net Initial Yield
5.19%
NOI
£35,000
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
2.50
Land Acres
0.06 AC
Frontage
33 ft on Lower Goat Lane

Amenities

  • Signage

Nearby Major Retailers

Farmfoods
Londis
Gym
Cosy Club
Turtle Bay
NatWest Bank
Revolution
Iceland
Caffe Nero
Starbucks
  • Listing ID: 32539449

  • Date on Market: 22/07/2024

  • Last Updated:

  • Address: 14-16 Lower Goat Ln, Norwich NR2 1EL

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}