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15 Magdalen St 1,588 sq ft Retail Property Norwich NR3 1LE £200,000 (£125.94/sq ft)

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Investment Highlights

  • Heavy daytime foot traffic
  • Lots of natural light

Executive Summary

The property comprises a three-storey mid-terrace building currently occupied by Dhaba 15, an established Indian restaurant in occupation since 2013. The ground floor provides a restaurant and commercial kitchen, with additional seating and residential accommodation to the upper storeys. To the rear of the building are some attached stores fronting onto Thoroughfare Yard.
The property is located on Magdalen Street, a short distance from Norwich city centre and the Anglia Square redevelopment scheme. The area is known for its wide array of independent retailers and leisure operators. Restaurant premises currently let producing £15,000 pa

Property Facts

Sale Type
Investment or Owner Occupier
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Property Size
1,588 sq ft
Costar Property Class
B
Year Built
1920
Price
£200,000
Price per sq ft
£125.94
Tenancy
Single
Number of Floors
3
Parking
1 Spaces (0.63 Spaces per 1,000 sq ft Leased)
Frontage
17 ft on Magdalen St

Amenities

  • 24 Hour Access
  • Restaurant
  • Security System
  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Nearby Major Retailers

The Gym Group
NatWest Bank
Cosy Club
Turtle Bay
Pho
Zizzi
Giggling Squid
All Bar One
Pure Gym
Pret A Manger
  • Listing ID: 39723790

  • Date on Market: 10/03/2026

  • Last Updated:

  • Address: 15 Magdalen St, Norwich NR3 1LE

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