Guide price
£200,000
Industrial for sale14 Prince Of Wales Road, Norwich, Norfolk NR1
Just added
Auction
Freehold
About this property
For sale by auction on Wednesday, 21 Oct 2026 at 10:00
Venue: Livestream Auction
High yielding freehold commercial investment close to the city centre let producing £23,000 pa
This commercial property is a two storey mid terrace with a total net internal area of 196.3 sq/m (2,113 sq/ft). It has a use class of E commercial/business premises and is let on ten year lease dated 17th November 2025 to ct Locations Ltd, which trade as Club Tan, at £23,000 pa paid monthly in advance.
Prince of Wales Road is one of the main vehicular and pedestrian thoroughfares between the main shopping centre and the Norwich mainline railway station. The surrounding area includes a mixture of retail, offices and night life. Nearby occupiers include Norfolk Chamber of Commerce, Handelsbanken, Hays Recruitment, Arnolds Keys and Tesco Express.
This high yield makes it an attractive investment opportunity.
Basement (758 sq/ft)
Ground floor (775 sq/ft)
Arranged with largely open-plan accommodation with meeting room, WC and kitchen. Heated by way of wall-mounted electric heaters.
First floor (580 sq/ft)
Accessed via a separate external front door to the right-hand side of the building. Internally the first floor is carpeted, with painted walls, single glazed timber frame windows, a small kitchenette area to the rear and WC. There are a mixture of new and existing electric storage heaters.
Business rates
The property has been entered onto the Valuation Office Agency website as a shop and premises with a rateable value of £20,000.
EPC Rating: E
Additional Fees
Buyers Premium: £960 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Livestream Auction
High yielding freehold commercial investment close to the city centre let producing £23,000 pa
This commercial property is a two storey mid terrace with a total net internal area of 196.3 sq/m (2,113 sq/ft). It has a use class of E commercial/business premises and is let on ten year lease dated 17th November 2025 to ct Locations Ltd, which trade as Club Tan, at £23,000 pa paid monthly in advance.
Prince of Wales Road is one of the main vehicular and pedestrian thoroughfares between the main shopping centre and the Norwich mainline railway station. The surrounding area includes a mixture of retail, offices and night life. Nearby occupiers include Norfolk Chamber of Commerce, Handelsbanken, Hays Recruitment, Arnolds Keys and Tesco Express.
This high yield makes it an attractive investment opportunity.
Basement (758 sq/ft)
Ground floor (775 sq/ft)
Arranged with largely open-plan accommodation with meeting room, WC and kitchen. Heated by way of wall-mounted electric heaters.
First floor (580 sq/ft)
Accessed via a separate external front door to the right-hand side of the building. Internally the first floor is carpeted, with painted walls, single glazed timber frame windows, a small kitchenette area to the rear and WC. There are a mixture of new and existing electric storage heaters.
Business rates
The property has been entered onto the Valuation Office Agency website as a shop and premises with a rateable value of £20,000.
EPC Rating: E
Additional Fees
Buyers Premium: £960 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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