315 and 315A Aylsham Road present an appealing opportunity to acquire two adjoining commercial units in an established parade of shops and businesses within Norwich's popular NR3 postcode.
Offered together as one freehold investment, the property combines an income-producing commercial unit with a second refurbished unit, providing an investor with the opportunity to secure an additional rental stream.
315 Aylsham Road is occupied by a Chinese takeaway, trading as Evergreen. The unit provides an established commercial income, with prospective purchasers advised to confirm the current rent, lease terms and tenancy arrangements as part of their due diligence.
315A Aylsham Road is a separate, refurbished commercial unit, ready for a new occupier. With anticipated rental income in the region of £5,000-£6,000 per annum, it offers the opportunity to increase the overall return from the property once let.
Based on the anticipated rental figure for 315A and an existing income of £8,320 per annum from the occupied unit, the combined annual income could be approximately £13,320-£14,320, subject to verification of the current rent and achievement of the expected letting figure.
The freehold tenure is a further attraction, with both units included within a single acquisition. Positioned along Aylsham Road, the property benefits from an established neighbourhood setting, surrounded by local shops, businesses and residential properties.
For investors seeking a commercial property with an existing income stream and the opportunity to generate further revenue from a second unit, this is a proposition offering both immediate investment appeal and scope to improve overall returns.
Prospective purchasers should satisfy themselves regarding the current tenancy, rental figures, business rates, permitted use and any other relevant obligations.
LOCATION Aylsham Road is an established route in north Norwich, within the NR3 postcode, serving a substantial surrounding residential area. The locality features a variety of local shops, independent businesses and everyday amenities, making it a recognised neighbourhood commercial destination.
The property occupies a position within an established parade of shops and businesses, with visibility to passing traffic and access to the surrounding residential catchment. Norwich city centre and its wider range of shopping, leisure and employment facilities are accessible from the area, while local road connections link the property with other parts of the city and the wider Norfolk area.
For commercial investors, the location offers the appeal of an established neighbourhood setting, with the opportunity to secure an occupier for the refurbished second unit and build on the income from the existing business.
IMPORTANT NOTICE These particulars have been prepared in good faith as a general guide to the property and do not constitute an offer or form part of any contract. Whilst every reasonable effort has been made to ensure the information is accurate, all details should be independently verified by prospective purchasers.
Any measurements, floor areas, dimensions and distances stated are approximate and should not be relied upon for valuation, fitting-out or other purposes without independent verification. Photographs and floor plans are provided for illustrative purposes and may not show every aspect of the property.
No representation is made as to the condition or working order of any services, systems, fixtures, fittings or equipment. Prospective purchasers should arrange their own inspections, surveys and appropriate investigations.
Any reference to the property's existing or potential use, planning status, alterations or development opportunities is provided for guidance only and should not be taken as confirmation that any necessary planning permission, building regulations approval, lawful use or other consent has been obtained. Purchasers should make their own enquiries with the relevant authorities and professional advisers.
All interested parties should satisfy themselves as to the property's tenure, title, boundaries, access rights, services, planning position, business rates, VAT implications (where applicable) and any other matters relevant to their intended purchase or use.
Neither Property Ladder nor the seller accepts that these particulars constitute a warranty or guarantee. Nothing in this notice excludes or limits any liability that cannot lawfully be excluded or limited.
Key Features
- Freehold commercial investment comprising two adjoining retail units
- Established position on Aylsham Road in popular NR3
- One unit let and trading as a Chinese takeaway
- Second unit, 315A, refurbished and ready for a new occupier
- Potential rental income of £5,000–£6,000 per annum from 315A
- Potential combined annual income of approximately £13,320–£14,320
- Opportunity to generate additional income by letting the second unit
- Two separate commercial units offered together as one investment
- Appealing proposition for investors seeking freehold ownership and income potential
- NR3 location
IMPORTANT NOTICE
Property Ladder, their clients and any joint agents give notice that:
1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Property Ladder have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.
3. These published details should not be considered to be accurate and all information, including but not limited to lease details, boundary information and restrictive covenants have been provided by the sellers. Property Ladder have not physically seen the lease nor the deeds.
4. We may use edited or staged photos to declutter and show the property in its best light. A decision to purchase should not be made on the published photographs alone.
