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Optical Express, Norwich

1A Haymarket, Norwich NR2 1QD (For Sale):

  • Prominent city centre location on Haymarket, one of Norwich's principal retail pitches
  • The property sits alongside a strong lineup of national retailers including NatWest, Caffè Nero, The White Company, Starbucks, Primark, Pret A Manger and McDonald's
  • Well configured retail unit totalling 7,126 sq ft GIA over basement, ground, first and second floors
  • Let in its entirety to Optical Express Limited at a passing rent of £150,000 per annum
  • Lease expiring 31 December 2028 (approximately 2.5 years unexpired)
  • Freehold
  • EPC rating D (83)
  • Guide price £1,995,000, reflecting a net initial yield of 7.00% and a capital value of £280 psf on GIA

Accommodation:
The property provides the following net internal areas:
Basement sales: 971 sq ft
Basement ancillary: 127 sq ft
Ground floor sales: 1,260 sq ft

First floor sales/staff: 1,864 sq ft
Second floor treatment rooms: 1,550 sq ft

Total: 5,772 sq ft

Location: Haymarket, Norwich
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