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INVESTMENT HIGHLIGHTS
- Prominent Business Location
- Wide Frontage
- Solid Transport Links
EXECUTIVE SUMMARY
The property provides accommodation on ground, first and second floors with good basement storage.
34 is let to Saurabh Gupta on an internal repairing and insuring lease, outside the Landlord & Tenant Act 1954, for a term of 8 years from 1 July 2023, with mutual rolling break on 6 months’ notice any time after 1 July 2027 at a rent of £12,200 pax. There is a rent review with effect from 1 July 2027.
38 is let to The Leadenhall Suit Co (Norwich) Ltd on an internal repairing and insuring lease, outside the Landlord & Tenant Act 1954, for a term of 5 years from 21 September 2022, at a rent of £15,500 pax.
40 is let to James Jewell & Natalie Dawson t/a Attic Brew Coffee & Attic Barbers on an internal repairing and insuring lease, outside the Landlord & Tenant Act 1954, for a term of 5 years from 1 November 2024, at a rent of £15,500 pax. There is a fixed increase to £16,500 pax in May 2026.
The adjacent properties are owned by the same vendor and can be purchased with the subject property, or can be bought separately at the prices advertised.
34 is let to Saurabh Gupta on an internal repairing and insuring lease, outside the Landlord & Tenant Act 1954, for a term of 8 years from 1 July 2023, with mutual rolling break on 6 months’ notice any time after 1 July 2027 at a rent of £12,200 pax. There is a rent review with effect from 1 July 2027.
38 is let to The Leadenhall Suit Co (Norwich) Ltd on an internal repairing and insuring lease, outside the Landlord & Tenant Act 1954, for a term of 5 years from 21 September 2022, at a rent of £15,500 pax.
40 is let to James Jewell & Natalie Dawson t/a Attic Brew Coffee & Attic Barbers on an internal repairing and insuring lease, outside the Landlord & Tenant Act 1954, for a term of 5 years from 1 November 2024, at a rent of £15,500 pax. There is a fixed increase to £16,500 pax in May 2026.
The adjacent properties are owned by the same vendor and can be purchased with the subject property, or can be bought separately at the prices advertised.
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 3 |
| Status | Pending | Total Building Size | 4,569 SF |
| Number of Properties | 3 | Total Land Area | 0.15 AC |
| Sale Type | Investment |
| Status | Pending |
| Number of Properties | 3 |
| Individually For Sale | 3 |
| Total Building Size | 4,569 SF |
| Total Land Area | 0.15 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 34 Exchange St, Norwich NR2 1AX | Office | 1,915 SF | 1840 | $348,980 CAD |
| 38 Exchange St, Norwich NR2 1AX | Retail | 1,427 SF | 1870 | $279,184 CAD |
| 40 Exchange St, Norwich NR2 1AX | Retail | 1,227 SF | 1890 | $314,082 CAD |
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34, 38 and 40 Exchange Street, Norwich
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