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Investment For Sale, Norwich

Investment in Norwich
Investment in Norwich
Investment in Norwich
Investment in Norwich
£1,250,000 Freehold

11 Unthank Road, Norwich, NR2 2PA

Type Investment
Status Available
Size 3,711 sq ft

Key Features

  • Sought after visible and accessible location
  • Fully let producing an income of £84,780 per annum
  • 6 flats arranged over the ground, first and second floor
  • Ground floor office let to Clive Lewis MP

Property Details

The premises comprises a large Victorian former gentleman's residence which has been adapted to provide a number of individual flats over 4 storeys.

The ground floor has a rear flat roof extension and is arranged to provide offices and one flat with basement storage which is accessed through the office. The first floor is configured to provide 3 flats off a central landing and the second floor provides a further 2 flats.

At the front of the property there are parking spaces for around 6 vehicles. To the rear of the property there is a small garden and brick built shed.

The premises are not listed but are understood to be in a Conservation Area.

The property is divided into 6 flats and 1 ground floor office and is fully let providing a total income of £84,780. The flats are let on usual AST agreements.

The office is let to Clive Lewis MP for a term of 5 years, 4 months and 4 days from the 27th August 2024 on an internal repairing basis. The tenant can end the lease early only if they cease to be an MP for Norwich South, with 2 months' written notice.

Sought After Visible And Accessible Location

Fully Let Producing An Income Of £84,780 Per Annum

6 Flats Arranged Over The Ground, First And Second Floor

Ground Floor Office Let To Clive Lewis Mp

Mixed Use Commercial/residential Investment

The Premises Comprises A Large Victorian Former Gentleman's Residence Which Has Been Adapted To Provide A Number Of Individual Flats Over 4 Storeys.

The Ground Floor Has A Rear Flat Roof Extension And Is Arranged To Provide Offices And One Flat With Basement Storage Which Is Accessed Through The Office. The First Floor Is Configured To Provide 3 Flats Off A Central Landing And The Second Floor Provides A Further 2 Flats.

At The Front Of The Property There Are Parking Spaces For Around 6 Vehicles. To The Rear Of The Property There Is A Small Garden And Brick Built Shed.

The Premises Are Not Listed But Are Understood To Be In A Conservation Area.

The Property Is Divided Into 6 Flats And 1 Ground Floor Office And Is Fully Let Providing A Total Income Of £84,780. The Flats Are Let On Usual Ast Agreements.

The Office Is Let To Clive Lewis Mp For A Term Of 5 Years, 4 Months And 4 Days From The 27th August 2024 On An Internal Repairing Basis. The Tenant Can End The Lease Early Only If They Cease To Be An Mp For Norwich South, With 2 Months' Written Notice.

The Historic City Of Norwich Has An Urban Population Of Approx. 213,000 And Is The Regional And Administrative Centre Of East Anglia In The East Of England. The City Of Norwich Benefits From Two Universities, Being The University Of East Anglia And The Norwich University Of Art.

Norwich Is Situated Approximately 110 Miles North East Of London Via The Recently Widened/improved A11 And Is Approximately 60 Miles From Cambridge. The A47 Provides A Link To Great Yarmouth In The East And Kings Lynn (and Peterborough Beyond) To The West.

The Property Is Prominently Situated On Unthank Road Which Is 0.8 Miles From Norwich City Centre. Unthank Road Forms Part Of The 'golden Triangle' Which Is A Very Sought After Residential Location And Popular With Both National And Independent Shops.

It Is Understood That Vat Is Applicable.
Brown & Co
Brown & Co View all properties
Investment For Sale, Norwich
£1,250,000 Freehold

11 Unthank Road, Norwich, NR2 2PA

Investment · Available · 3,711 sq ft

Property ID: 49611

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Brown & Co
Brown & Co View all properties

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Brown & Co
Brown & Co

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