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14 London St

2,333 SF 100% Leased Retail Building Norwich NR2 1LF £895,000 (£384/SF)

Investment Highlights

  • Good road links
  • Close proximity to local amenities
  • Good transport links

Executive Summary

This property offers a fantastic investment opportunity in a prime retail location in the heart of Norwich, with secure rental income. It’s let to Taco Bell on a 15 year lease from 16 October 2023 at £62,500 pa. This is an exciting investment with the first Taco Bell in Norwich. The tenant is the main operating company Taco Bell UK and Europe Ltd (part of the Yum Group) so is an excellent covenant

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
2,333 SF
Building Class
B
Year Built
1902
Price
£895,000
Price Per SF
£384
Percent Leased
100%
Tenancy
Multiple
Number of Floors
4
Building FAR
1.62
Land Acres
0.03 AC
Frontage
22 ft on London Street

Amenities

  • Security System
  • Signage
  • Storage Space
  • Air Conditioning

Nearby Major Retailers

Sainsbury's
Pret A Manger
Santander
Starbucks
YMCA
Pure Gym
eurochange
Bakers + Baristas
Tortilla
West Cornwall Pasty Co
  • Listing ID: 33151486

  • Date on Market: 12/09/2024

  • Last Updated:

  • Address: 14 London St, Norwich NR2 1LF

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