Guide price
£50,000
Retail premises for sale357B Aylsham Road, Norwich, Norfolk NR3
Auction
Freehold
About this property
For sale by auction on Wednesday, 25 Mar 2026 at 10:00
Venue: Livestream Auction
Commercial investment comprising a let shop producing £5,000 pa
This end terrace single storey shop with flat roof extends to around 32 sq/m. It is currently let on a seven year lease dated 6th March 2025 at £5,000 plus VAT per annum. The rent is paid on the first day of each month and the unit trades as Boundary Corner Shop.
The property is located in a busy parade of shops around two miles north of the city centre.
According to the valuation office website the shop has a rateable value of £5,400 with effect from 1st April 2026.
An ideal purchase for an investor looking for a high yielding commercial investment.
Description
Ground floor: Shop, staff room, internal storage, staff toilets
VAT
Please note that VAT is applicable to this lot.
Viewing
Tenanted shop - any time during opening hours.
Note
Please could all interested parties register their interest with the Auctioneer in order that they may be kept up to date with any developments.
EPC Rating: E
Additional Fees
Buyers Premium: £960 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Livestream Auction
Commercial investment comprising a let shop producing £5,000 pa
This end terrace single storey shop with flat roof extends to around 32 sq/m. It is currently let on a seven year lease dated 6th March 2025 at £5,000 plus VAT per annum. The rent is paid on the first day of each month and the unit trades as Boundary Corner Shop.
The property is located in a busy parade of shops around two miles north of the city centre.
According to the valuation office website the shop has a rateable value of £5,400 with effect from 1st April 2026.
An ideal purchase for an investor looking for a high yielding commercial investment.
Description
Ground floor: Shop, staff room, internal storage, staff toilets
VAT
Please note that VAT is applicable to this lot.
Viewing
Tenanted shop - any time during opening hours.
Note
Please could all interested parties register their interest with the Auctioneer in order that they may be kept up to date with any developments.
EPC Rating: E
Additional Fees
Buyers Premium: £960 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Mortgage calculator
Monthly repayment
£250 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}