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Freehold Shop and Residential Ground Rent Investment

1-7, St Stephens Road, Norwich, Norfolk, NR1 3SP

£1,300,000
Commercial
About this Property
2015-10-19
1300000
Traditional
Commercial
Description

Freehold commercial property located at 1-7 St Stephens Road, Norwich, Norfolk, NR1 3SP. The property features a large corner retail unit and a smaller rectangular retail unit, arranged predominantly on ground and two upper floors. It also includes a former depository with ground to fifth floors, comprising 24 flats that have been sold off on a single long lease. The property benefits from undercroft parking and a communal roof terrace. It is situated opposite the Intu Chapelfield Shopping Centre and is located at the roundabout junction with the A11, part of the city's main inner ring road. The rental value is £167,500.

Location
Freehold Shop and Residential Ground Rent Investment
More Information
Freehold
St. Stephens Road
Planning Authority
Norwich LPA
Sold Price History
31 Oct 2023Withdrawn Lot Allsop£625,000
08 Feb 2024Withdrawn Lot Allsop£525,000

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