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20 Gentlemans Walk 2,007 SF 100% Leased Retail Building Norwich NR2 1NA $1,199,927 ($597.87/SF)
INVESTMENT HIGHLIGHTS
- Principal commercial centre
- Regular rail service to London
- Good road connections
EXECUTIVE SUMMARY
A prominent freehold investment let in its entirety to Caffè?Nero. The property comprises an attractive and busy corner unit with external seating. It is let to Nero Holdings Ltd, trading as Caffè?Nero, on a new 5-year full repairing and insuring (FRI) lease from 1?October?2025 to 30?September?2030, at a rent of £61,000?per?annum. The property is freehold and VAT-elected, with potential for residential development on the upper floors, subject to planning consent.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
2,007 SF
Building Class
B
Year Built
1890
Price
$1,199,927
Price Per SF
$597.87
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Frontage
19’ on Gentlemans Walk
AMENITIES
- Security System
- Energy Performance Rating - C
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20 Gentlemans Walk
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