Highly Attractive Grade II* Listed office building
Let to Oak Lodge Business Centre Ltd
Approximately 384.30 sq m (4,137 sq ft)
Potential Residential Conversion (subject to consents)
Situated within the attractive Norwich City Centre Conservation Area.
Lot 20
Auction 12th February 2026
Rent £30,000 per Annum Exclusive
Status Available
Guide* £260,000 - £280,000
Sector Office
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 is situated on the north side of Colegate at its junction with Friars Quay, within the Norwich City Centre Conservation Area. The surrounding area is a popular mixed-use location comprising offices, residential and leisure users, with Norwich Cathedral approximately 250 metres to the southeast. The location benefits from a large Council pay & display car park accessed from nearby Golden Dog Lane.
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
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 is situated on the north side of Colegate at its junction with Friars Quay, within the Norwich City Centre Conservation Area. The surrounding area is a popular mixed-use location comprising offices, residential and leisure users, with Norwich Cathedral approximately 250 metres to the southeast. The location benefits from a large Council pay & display car park accessed from nearby Golden Dog Lane.
Tenure
Freehold.
Description
The property is a handsome Grade II* Listed office building with office accommodation on Ground, first and second floors and ancillary accommodation in the basement. The property benefits from a rear garden and rear access via Friar Quay.
The properties may be suitable for alternative uses, including potential residential conversion, subject to the necessary consents.
VAT
VAT is not applicable to this lot.
EPC
Band D
Description
The property is a handsome Grade II* Listed office building with office accommodation on Ground, first and second floors and ancillary accommodation in the basement. The property benefits from a rear garden and rear access via Friar Quay.
The properties may be suitable for alternative uses, including potential residential conversion, subject to the necessary consents.
VAT
VAT is not applicable to this lot.
EPC
Band D
Tenancy & Accommodation
Address
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review (Reversion)
18 Colegate
Ground Basement First Second
Offices
108.90 56.30 113.50 105.60
(1,172) (606) (1,222) (1,137)
OAK LODGE BUSINESS CENTRE LIMITED (CRN: 07711768)
10 years from 08/07/2019
£30,000
08/07/2024 (07/07/2029)
Total Approximate Floor Area
384.30 (1)
(4,137)
£30,000
(1) The 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.
