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20 Gentlemans Walk 2,007 sq ft 100% Let Retail Property Norwich NR2 1NA £895,000 (£445.94/sq ft)
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
Shopfront
Property Size
2,007 sq ft
Costar Property Class
B
Year Built
1890
Price
£895,000
Price per sq ft
£445.94
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
Frontage
19 ft on Gentlemans Walk
AMENITIES
- Security System
- EPC - C
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NEARBY MAJOR RETAILERS
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20 Gentlemans Walk
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