Summary - 22 - 24 BER STREET NORWICH NR1 3EJ
1 bed 1 bath Retail Property (out of town)
Prominent city-centre unit opposite John Lewis, auction on 11 December.
Approximately 1,023.5 sq m (c.11,017 sq ft) retail building
A prominent freehold retail building on Ber Street, offered at auction, presents a clear income and redevelopment play for investors. The property extends to approximately 1,023.5 sq m (c.11,017 sq ft) on a 0.07 ha (0.18 acre) site with a 16m frontage and is positioned directly opposite John Lewis and close to Norwich city centre amenities.
Current income is nominal at £200 per annum exclusive, with a valuable reversion in 33 years. The long-term potential is for residential redevelopment, subject to planning consent; this makes the lot most suitable for a buyer able to hold or repurpose the asset rather than a short-term occupational purchaser. VAT is not applicable to the lot and the sale is freehold.
Important negatives are material: the lease/reversion timeframe is short (33 years), which will likely prevent standard mortgage lending and restrict buyer pool to cash buyers or specialist lenders. The immediate area is recorded as very deprived with very high crime levels, which may affect lettability and planning outcomes. Legal Special Conditions require the buyer to pay additional sums — review the legal pack carefully before bidding.
This is a central, high-visibility property for an investor or developer prepared to accept holding risk, pursue planning, or refurbish for alternative commercial uses. The auction date is 11th December 2025; interested parties should obtain the legal pack and EPC, and confirm due diligence on tenancy and title prior to bidding.
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