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40 Exchange St 1,201 SF Retail Building Norwich NR2 1AX $278,758 CAD ($232.10 CAD/SF)
Investment Highlights
- Corner location.
- Well positioned close to St Andrews Multi-Storey car park and Norwich Market.
- Large display windows.
Executive Summary
Lot 182 is available by way of Savills Online auction 25th February 2026.
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.
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.
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.
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.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,201 SF
Building Class
B
Year Built
1890
Price
$278,758 CAD
Price Per SF
$232.10 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.92
Lot Size
0.03 AC
Frontage
42’ on Exchange St
Amenities
- Corner Lot
- Air Conditioning
1 1
Nearby Major Retailers
1 of 3
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40 Exchange St
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