Multi let parade 70% let to Greggs & Bill's

Norwich. 2-10 Back of the Inns
NR2 1PT

Asking (STC) £3,520,000
Net Initial Yield 8.00%
Capital Value £262 PSF
  • Norwich is an affluent commercial centre for East Anglia and Norfolk, dominating the wider East Anglia retail offering
  • Norwich benefits from £750 million in annual tourism
  • The property benefits from high footfall due to its proximity to Castle Quarter
  • Strong occupational demand with multiple new lettings within the surrounding area
  • There has been positive rental growth with Rohan's rent increasing from £30,000 pa
  • The four well-configured retail units cover a total area of 13,447 sq ft over ground, basement and first floors
  • WAULT to expiry 6.25 years
  • Freehold