40 Magdalen St | Norwich NR3 1JE
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40 Magdalen St
Norwich NR3 1JE
Retail Property For Sale
Investment Highlights
- Open plan retail space with simple internal layout
- First floor staff room
- Good natural light
Executive Summary
The property comprises a ground floor retail unit with a glazed timber frame shop front to Magdalen Street. The front section of the property has a hipped roof with the rear combining a flat roof and a small, pitched roof two-storey extension.
Internally the property provides predominantly open-plan retail space, with rear production and storage space. There is also a first-floor staff area and WC's to the rear.
The freehold interest in the property is available with vaccant possession for sale at £395,000 exclusive.
Alternatively, the property is also available for let on a new full repairing and insuring lease, for a term to be agreed, at an initial rent of £24,000 per annum exclusive.
Internally the property provides predominantly open-plan retail space, with rear production and storage space. There is also a first-floor staff area and WC's to the rear.
The freehold interest in the property is available with vaccant possession for sale at £395,000 exclusive.
Alternatively, the property is also available for let on a new full repairing and insuring lease, for a term to be agreed, at an initial rent of £24,000 per annum exclusive.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
3,694 SF
Building Class
B
Year Built
1950
Price
$707,920 CAD
Price Per SF
$192 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.06
Lot Size
0.08 AC
Frontage
29 ft on Magdalen Street
Amenities
- 24 Hour Access
- Signage
- Accent Lighting
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