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180 Plumstead Rd

5,432 SF Retail Building Norwich NR1 4JZ For Sale

Investment Highlights

  • Highly prominent location with main road frontage
  • 0.48 acre site including gardens and 33 car parking spaces
  • Potential for alternative uses, subject to planning
  • 3-bed first floor living accommodation
  • Part vacant and part let on long-term, secure lease

Executive Summary

Terms
The freehold interest is being offered for sale, subject to vacant possession of the buildings and associated outdoor areas, and a 20-year contracted out lease (expiring 20 March 2039) of land comprising 17 car parking spaces to Aldi. The current passing rent for the lease is xxxx per annum and is subject to 5-yearly reviews to RPI (capped at 3.5%, collared at 1%).

Attachments

Brochure

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
5,432 SF
Year Built
1990
Tenancy
Single
Number of Floors
2
Building FAR
0.26
Land Acres
0.48 AC
Parking
21 Spaces (3.87 Spaces per 1,000 SF Leased)
Frontage
79 ft on Plumstead Road

Amenities

  • EPC - D
  • Listing ID: 33659749

  • Date on Market: 28/10/2024

  • Last Updated:

  • Address: 180 Plumstead Rd, Norwich NR1 4JZ

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