Property for sale

Exchange Street, Norwich NR2

Strapline

Auction Sale - 24/02/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -

A Prominent Corner Mixed Use Investment let on a lease expiring 2029 at £15,500p.a. Rising to £16,500p.a. In May '26. May have redevelopment potential subject to all necessary consents.

Description

This prominent corner property is arranged over basement ground and two upper floors to provide a coffee shop on ground floor, a barbers on first and part second floor and a tattooist on the remaining element of the second floor.

Location

The city of Norwich is located 40 miles north of Ipswich and 57 miles north east of Cambridge.

The property is situated at the junction of Exchange Street with St Andrews' Street within Norwich's retail core.

The property is in good proximity to St Andrews Multi- storey car park and Norwich Market.

Transport

Road - The City has good road communications via the A11, A47, A140, A147 and M11. The A147 forms part of the inner ring road and the A11 provides direct links to the M11

Rail - Norwich Rail Station provides regular services to London Liverpool Street (1hr 45mins)

Tenancy

Let to Individuals (t/a Attic Brew Coffee & Attic Brew Barbers) on an internal repairing and insuring (ir&I) lease for a term of 5 years from November 2024 at £15,500 per annum.

The lease provides for the rent to increase to £16,500 p.a. On 1st May 2026.

Accommodation

Ground Floor - 36.27 sq m (390 sq ft)

First Floor - 34.1 sq m (367 sq ft)

Second Floor - 27.35 sq m (294 sq ft)

Basement - 13.9 sq m (150 sq ft)

Total - 111.62 sq m (1,201 sq ft)

Planning

The property maybe suitable for redevelopment subject to the lease in place and all necessary consents.

All enquiries in this regard should be made with the local authority, Norwich City Council.

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