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5 Queen St 7,767 sq ft 100% Let Office Property Norwich NR2 4TL £1,100,000 (£141.62/sq ft) 11.61% Net Initial Yield
Investment Highlights
- Prominent Business Location
- Wide Frontage
- Solid Transport Links
Executive Summary
Situated in the heart of Norwich's restaurant and night time area, the restaurant is currently let to Pho Trading Limited and comprises 7,767 sq ft.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Office
Tenure
Freehold
Property Size
7,767 sq ft
Costar Property Class
B
Year Built
1980
Price
£1,100,000
Price per sq ft
£141.62
Yield
11.61%
NOI
£127,710
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
5
Typical Floor Size
1,554 sq ft
Floor To Floor Height
11 ft
Plot ratio
0.89
Total Plot Size
0.20 ac
Amenities
- Kitchen
- Demised WC facilities
- Natural Light
- Wi-Fi
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5 Queen St
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