Commercial Property in New Costessey available for sale
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Commercial Property for Sale near the New Costessey, Norwich

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Explore the Latest New Costessey Commercial Property for Sale

More details for Open Storage Investment – for Sale, Norwich

Open Storage Investment

  • Mixed Types for Sale
  • £5,800,000
  • 3 Properties | Mixed Types

Norwich Portfolio of properties for Sale - South Norfolk

The property is approximately 4.9 miles west of Norwich city centre, with direct access from the A47 southern bypass. This key arterial route connects to the A11, providing onward links to Cambridge, the M11 and London. Public transport services and ample on-site parking further enhance accessibility for both customers and employees. William Frost Way is located at the heart of Longwater, one of Norwich’s most established out-of-town retail and commercial destinations. The property is currently in use as mainly open storage facilities, but it is well-positioned for future development supported by a strong retail environment and strategic transport links, subject to obtaining the necessary planning consent. Longwater is anchored by major national retailers including Sainsbury’s, The Range, Next, M&S Foodhall, Boots, The Food Warehouse and the newly developed Aldi adjacent to William Frost Way, all of which contribute to consistently high footfall. Longwater Retail Park attracts an estimated 3.5 to 4 million customer visits annually, making it one of the busiest retail destinations in the region (Source: Norwich.gov). With its strong retail underpinning, high visibility and alignment with wider growth plans for the Longwater and Easton corridor, the property offers a compelling opportunity for long-term commercial or mixed-use development.

Contact:

Bidwells LLP

Property Subtype:

Mixed Types

Date on Market:

05/12/2025
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Commercial Properties for Sale Within 5 miles of the New Costessey, Norwich

More details for Duke St, Norwich - Hospitality for Sale

Premier Inn Norwich City Centre (Duke Street) - Duke St

Norwich, NR3 3AP

  • Hospitality for Sale
  • £8,750,000
  • 47,531 sq ft
  • Restaurant

Norwich Hospitality for Sale

The purpose-built hotel was completed in 2004 and comprises approximately 42,452 sq ft. Arranged over ground and four upper floors, it offers 117 en-suite bedrooms, with lift access to all levels and luggage storage facilities. An on-site full-service Thyme Bar and Grill restaurant is provided.

Contact:

Avison Young

Property Subtype:

Hotel

Date on Market:

24/09/2025
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More details for 34 Exchange St, Norwich - Office for Sale

34 Exchange St

Norwich, NR2 1AX

  • Office for Sale
  • £250,000
  • 1,915 sq ft

Norwich Office for Sale

The property provides accommodation on ground, first and second floors with good basement storage. The property is currently used as a complementary health clinic and comprises a number of rooms for consultations and treatment. The property is let to Saurabh Gupta on an internal repairing and insuring lease, outside the Landlord & Tenant Act 1954, for a term of 8 years from 1 July 2023, with mutual rolling break on 6 months’ notice any time after 1 July 2027 at a rent of £12,200 pax. There is a rent review with effect from 1 July 2027. The adjacent properties, 38 and 40 exchange street, are owned by the same vendor and can be purchased with the subject property, or can be bought separately at the prices advertised.

Contact:

Francis Darrah Surveyors Ltd

Property Subtype:

Medical

Date on Market:

12/09/2025
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More details for 15-17 Haymarket & 2 Rampant Horse Street – Retail for Sale, Norwich

15-17 Haymarket & 2 Rampant Horse Street

  • Retail for Sale
  • £4,180,000
  • 16,879 sq ft
  • 2 Retail Properties

Norwich Portfolio of properties for Sale

FMX Urban property Advisors are instructed to seek offers in excess of £4,180,000 (Four Million One Hundred and Eighty Thousand Pounds), subject to contract and exclusive of VAT. A purchase at this level would reflect a net initial yield of 7.50% assuming standard purchaser costs.

Contact:

Francis Darrah Surveyors Ltd

Date on Market:

02/06/2025
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LoopNet UK Norfolk Norwich Commercial Properties For Sale in New Costessey, Norwich, UK

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FAQs about Commercial Properties For Sale in New Costessey

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How many Commercial Property listings are available for sale in New Costessey?
There are currently 1 Commercial Properties available for sale near New Costessey. These New Costessey Commercial Property listings have an average size of 11,574 sq ft. The largest available listing in New Costessey is 11,574 sq ft. The thriving commercial centre and excellent transport links in New Costessey make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in New Costessey?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in New Costessey currently range from £376 to £376 per square foot. While the average net initial yield for Commercial Properties is 6.16%.
What other types of commercial property are available for sale in New Costessey?
There is a diverse range of commercial properties available in New Costessey to suit various business needs. New Costessey offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 New Costessey commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the New Costessey, Norwich

Market Overview for Commercial Properties in New Costessey

Key information for Commercial Properties investors in New Costessey and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Norwich £147 86,171 sq ft
Watton £145 6,562 sq ft
Marsham £36 15,457 sq ft
£177 825 sq ft
Hoveton £24 10,912 sq ft

Rental Price Trends in New Costessey

The price per square foot range for Commercial Properties in New Costessey and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Norwich £15 £147 £374
Watton £30 £145 £344
Marsham £36 £36 £36
£177 £177 £177
Hoveton £24 £24 £24

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the New Costessey area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Norwich 743 sq ft 86,171 sq ft 2,086,500 sq ft
Watton 393 sq ft 6,562 sq ft 18,669 sq ft
Marsham 15,457 sq ft 15,457 sq ft 15,457 sq ft
825 sq ft 825 sq ft 825 sq ft
Hoveton 10,912 sq ft 10,912 sq ft 10,912 sq ft

You searched for commercial property for sale in New Costessey. Explore 1 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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