Summary - 71-73, NEW BOTOLPH STREET NR3 1DT
1 bed 1 bath Retail Property (out of town)
**Standout Features:**
- Freehold status, providing full ownership
- Large site area of 0.21 acres with ample parking for approximately 15 vehicles
- Ideal for residential conversion or development, subject to planning permissions
- Prominent location near city center and Anglia Square Shopping Centre
- High ceilings and expansive internal areas (6,567 sq ft total), allowing for flexibility in redevelopment
**Concerns:**
- Grade II* Listed building, potentially complicating renovation plans
- High crime rate in the area may deter some buyers
- Limited outdoor space, primarily consisting of paved surroundings
This unique property presents a compelling opportunity for developers or investors looking to capitalize on its substantial size and prime location in Norwich's cosmopolitan student neighborhood. The former retail showroom offers generous space with a high ceiling, creating endless potential for conversion into residential units or a large family dwelling. Public transport and amenities are readily accessible, facilitating convenience and lifestyle options.
While the building is Grade II* Listed, which may introduce challenges in renovation, the upside lies in the increasing residential demand due to nearby regeneration projects at Anglia Square. Act quickly—properties with this level of development potential in such a sought-after area are rare and highly coveted!
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