120 - 124 Magdalen Street Norwich Norfolk NR3 1JD

120 - 124 Magdalen Street
Norwich
Norfolk
NR3 1JD

Freehold Retail Investment

Prominent Main Road Location
VAT-free Investment
Within close proximity to Anglia Square Retail Park which houses occupiers including Boots Chemist, Iceland, Savers, Poundland and Shoe Zone

Lot
79
Auction
13th July 2017
Rent
£6,900 per Annum Exclusive
Status
Sold
Price
£50,000
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On Behalf of a Major Fund Manager

Important Update Interested?

Expand
Photos
Map

Freehold Retail Investment

Prominent Main Road Location
VAT-free Investment
Within close proximity to Anglia Square Retail Park which houses occupiers including Boots Chemist, Iceland, Savers, Poundland and Shoe Zone

Lot 79
Auction 13th July 2017
Rent £6,900 per Annum Exclusive
Status Sold
Price £50,000
Sector
High Street Retail
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On Behalf of a Major Fund Manager

Property Information

Location

Miles: 0.8 miles from Norwich City Centre, 12 miles west of Great Yarmouth, 42 miles north of Ipswich
Roads: A11, A140, A147
Rail: Norwich Railway Station
Air: Norwich International Airport

Situation

Norwich is a popular Cathedral and University City in East Anglia. The property is situated on the western side of Magdalen Street, close to its junction with Edward Street. The Anglia Square Retail Park is approximately 100 metres from the property housing occupiers including Boots the Chemist, Iceland, Savers, Poundland and Shoe Zone. The retail park also provides multi-storey car parking for approximately 240 cars.

Tenure

Freehold.

Location

Miles: 0.8 miles from Norwich City Centre, 12 miles west of Great Yarmouth, 42 miles north of Ipswich
Roads: A11, A140, A147
Rail: Norwich Railway Station
Air: Norwich International Airport

Situation

Tenure

Freehold.

Description

The property comprises two retail units on the ground floor (part let on a long lease) and three self-contained residential flats on first and second floors, all let on long leases.

VAT

VAT is not applicable to this lot.

Completion Period

Eight Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.