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Unique commercial and residential opportunity in excess of 21,000 sq ft

For sale: £1,650,000.00|Residential, Land, Hotel, Office, Commercial Land, Offices

PROPERTY DETAILS

FOR SALE£1,650,000.00
ADDRESS De Vere House, St. Faiths Lane, Norwich, NR1 1NE
TYPEResidential, Land, Hotel, Office, Commercial Land, Offices
TENUREFor Sale Freehold
POSTED ON27th September 2019

DESCRIPTION

De Vere House is £1,650,000 (One Million Six Hundred and Fifty Thousand Pounds) Freehold

• +Under a permitted development scheme the office conversion will provide 100% private accommodation
• +Several comparable conversion sites within the vicinity including private housing and student accommodation have achieved great success
• +Desirable city centre location
• +Potential commercial rental value of £387,000 per annum
• +Alternative uses such as a hotel or student scheme may be achievable subject to the necessary consents
• +Parking

abbotFox Land and New Homes presents this unique commercial and residential opportunity in excess of 21,000 sq ft in a desirable city centre location next to Norwich Cathedral.

The property is situated fronting St Faiths Lane in a predominantly residential location with a handful of commercial occupiers nearby including Spire Solicitors and Norwich School.

Historic Tombland is just 150 metres to the North West offering a variety of cafes, bars and eateries ranging from well known chains and highly regarded independents.

Intu Chapelfield is just 0.8 miles South West from the property.

Norwich train station is just 0.6 miles South East from the property.

Recent residential developments have provided a mix of unit types and sizes on St Faiths Lane and blocks nearby are delivering student housing with good connections to the University of East Anglia, Norwich University of Arts and City College.

Renowned house builders Hopkins Homes completed a unique site of Georgian style homes next door but one to the property.

Viewings are strictly by appointment only.

LOCATION

Location: De Vere House, St. Faiths Lane, Norwich, NR1 1NE

Norwich (0.3 miles)

Salhouse (4.9 miles)

Brundall Gardens (4.9 miles)

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