Summary - FIRE STATION, CAWSTON ROAD NR11 6BX
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime freehold commercial property in the popular market town of Aylsham
- Currently generating £11,400 per annum from a thriving convenience store
- 15-year lease commenced in July 2023, with rent reviews every 3 years linked to inflation
- Large plot size; suitable for expansion or renovations
- Chain free; available for immediate investment
**Concerns:**
- Potential mortgage obstacles due to 14 years left on the lease from July 2023
- The condition of fixtures and fittings is not guaranteed; buyers should verify operability
Unlock the potential of this highly desirable freehold retail property in Aylsham, an expanding village with easy access to Norwich's city center. As a thriving convenience store, it currently provides an attractive annual return of £11,400, ensuring immediate investment payoff. With a solid 15-year lease, scheduled rent reviews, and a prime location in this affluent area, this opportunity is perfect for investors seeking to make a smart and secure addition to their portfolio.
While there may be mortgage challenges due to the remaining lease length, the property offers excellent prospects for future growth, including expansion or renovation potential, and the convenience of being chain-free. Don’t miss out on this exclusive investment opportunity that combines a strong current income with the promise of future value.
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