This lower ground floor commercial property, previously utilized by the Eaton Rifle Club, spans approximately 2,455 sq ft (228.1 sq m) and offers a unique opportunity for renovation or redevelopment. The main space features an expansive length of around 27 meters and includes three distinct areas of varying heights, with the primary section reaching 2.7 meters. Store rooms are also present, adding to the property's versatility.
Situated in a historic and vibrant part of Norwich, on Upper St. Giles Street, this location is favored for its artistic community, including galleries, cafes, and restaurants. The area balances tranquility with accessibility to city life, making it an appealing spot for various business ventures.
The property’s leasehold status provides a substantial term of 125 years from April 2006 with an annual ground rent set at £300. Importantly, the service charge and ground rent covering building insurance have been paid through June 2025. Potential buyers should note that all future uses of the space are subject to local planning authority approval.
As this area evolves, there is significant potential to adapt this property to meet emerging market demands. While high-traffic venues may face restrictions due to access limitations and neighborhood characteristics, innovative concepts in line with community needs could thrive here. Interested parties are encouraged to consult directly with local planning authorities to explore suitable options for future development.
Given its configuration and prime location, this property presents a compelling investment opportunity for those looking to transform a distinctive space into something relevant for today’s market. An inspection is highly recommended for those who wish to evaluate its potential firsthand.
