• Norwich is an affluent cathedral city offering a retail and administrative hub that dominates the wider East Anglia catchment area.

• The property occupies a 100% prime trading location on Castle Street, which sits amongst Norwich’s premier shopping district.

• Benefits from high footfall due to its proximity to Castle Quarter Shopping Centre, Norwich Castle and Norwich’s prime shopping streets.

• Four well configured retail units, set over ground and two upper floors extending to 6,952 sq ft (645.85 sq m).

• Part-let to the undoubted covenants of Boots Opticians and Crew Clothing, with Experian Ratings of 100/100.

• Strong occupational demand demonstrated by a recent letting to Kokoro and Boots Opticians renewing their lease.

• Total current passing rent of £197,825 per annum.

• WAULT of 5.2 years to expiry and 3.0 years to break.

• Freehold.

We are instructed to seek offers in excess of £2,190,000 (Two Million One Hundred and Ninety Thousand Pounds) subject to contract and exclusive of VAT, which reflects a net initial yield of 8.50% after allowing for the deduction of standard purchaser’s costs. The price reflects a capital value of £315 psf.