Summary - 86 UPPER ST GILES STREET NORWICH NR2 1LT
1 bed 1 bath Mixed Use
### Standout Features:
- Unique multi-use commercial property in city center
- Expansive lower ground floor with 2,455 sq ft of potential space
- Located on the vibrant Upper St. Giles Street, surrounded by art galleries and eateries
- Restorative opportunity, ideal for creative conversions (subject to planning)
- 108 years remaining on long leasehold; ground rent of £300 per year
- Excellent mobile signal and fast broadband speeds
### Summary:
Discover an exceptional commercial opportunity in the heart of Norwich with this expansive mixed-use property, formerly a Victorian cellar and rifle range. Boasting an impressive size of 2,455 sq ft, this space features soaring arched ceilings and original brickwork, providing a blank canvas for various potential uses, all subject to planning permissions. Positioned on the charming Upper St. Giles Street, enjoy a vibrant community atmosphere teeming with art galleries, coffee shops, and restaurants.
Despite its rich history and unique design, it's important to note that the property requires renovation and attention to damp issues. The property comes with a long leasehold and has had service charges and ground rent covered until June 2025, allowing for a strategic investment opportunity for first-time buyers, creative entrepreneurs, or investors seeking a project in a high-demand area. With a growing cosmopolitan neighborhood and proximity to local amenities, this property offers both immediate potential and long-term value. Don’t miss out on this rare find—exploration and planning discussions with local authorities are highly encouraged.
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