36 Exchange Street Norwich Norfolk NR2 1AX

36 Exchange Street
Norwich
Norfolk
NR2 1AX

Highly Reversionary City Centre Ground Rent Investment

Comprises of an attractive Commercial unit and 2 bed flat
Approx. 200.66 sq m (2,160 sq ft)
Valuable reversion in approximately 25 years
Situated in the heart of Norwich City Centre close to Norwich Market and London Street
City Centre Retail occupiers include The White Company, Whistles, The Ivy, Space NK and Hotel Chocolat

Lot
20
Auction
11th December 2025
Status
Sold
Price
£78,000
Auction Venue
Live Streamed Auction
On Behalf of Norwich City Council

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Highly Reversionary City Centre Ground Rent Investment

Comprises of an attractive Commercial unit and 2 bed flat
Approx. 200.66 sq m (2,160 sq ft)
Valuable reversion in approximately 25 years
Situated in the heart of Norwich City Centre close to Norwich Market and London Street
City Centre Retail occupiers include The White Company, Whistles, The Ivy, Space NK and Hotel Chocolat

Lot 20
Auction 11th December 2025
Status Sold
Price £78,000
Sector
Ground Rent
Auction Venue
Live Streamed Auction
On Behalf of Norwich City Council

Property Information

Location

Miles: 45 miles north of Ipswich, 61 miles northeast of Cambridge
Roads: A11, A47, A140, A146
Rail: Norwich Railway Station
Air: Norwich Airport

Situation

Norwich is a highly attractive and historic Cathedral City in the county town of Norfolk, with a population of 143,900 (ONS). With Norwich Castle and Norwich Cathedral attracting an additional Tourist Population. The City of Norwich also benefits from some 17,500 University of East Anglia Students.

The property occupies a prominent position on the west side of Exchange Street close to its junction with St Andrews Car Park. The property benefits from being approximately 150m north of Norwich Market Place and Gentleman's Walk. Nearby occupiers include The White Company, Whistles, Space NK, The Ivy and Hotel Chocolat.

Tenure

Freehold.

Location

Miles: 45 miles north of Ipswich, 61 miles northeast of Cambridge
Roads: A11, A47, A140, A146
Rail: Norwich Railway Station
Air: Norwich Airport

Situation

Tenure

Freehold.

Description

The property is an attractive period building comprising of a retail accommodation on the ground floor with ancillary accommodation in the basement and first floor, and a self contained flat on the second floor.

The property benefits from being located on the busy pedestrian route leading from St Andrews Car Park, one of Norwich's major city centre car parks which provides 1,084 parking spaces, to Norwich Market.

VAT

VAT is not applicable to this lot.

Note

The Special Conditions of Sale provide to the Buyer to pay sums in addition to the purchase price. Please see legal pack.

EPC

Commercial Unit - Band D. Maisonette - See Legal Pack.

Description

VAT

VAT is not applicable to this lot.

Note

The Special Conditions of Sale provide to the Buyer to pay sums in addition to the purchase price. Please see legal pack.

EPC

Commercial Unit - Band D. Maisonette - See Legal Pack.

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.	Reversion
Basement Ground First Second	Ancillary Retail Ancillary Residential - 2 Bed flat	44.12 46.52 46.02 64.00	(475) (501) (495) (689)	CHUBB & CHUBB (2)	500 years from 29/09/1550 until 2050. Approx. 25 years unexpired.	Peppercorn	28/09/2050 Approx. 25 years unexpired.
Total approximate floor area		200.66	(2,160)(1)			Peppercorn(2)

(1) The commercial floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.