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    Home»Investments»Two investment properties are up for sale in Norwich centre
    Investments

    Two investment properties are up for sale in Norwich centre

    November 29, 20251 Min Read


    They are up for sale at the upcoming Acuitus commercial property auction.

    The first property is at 22-24 Ber Street and has a guide price of £75,000 and is currently paying a rent of £200.

    This property is set to benefit from a valuable reversion in 33 years.

    That means long-term investors would gain a sizeable piece of real estate in the centre of Norwich.

    READ MORE Great Yarmouth revealed as most affordable place in the East | Eastern Daily Press

    The second property is at 36 Exchange Street and is being offered at a guide price of £60,000.

    It is currently paying peppercorn rent and will also benefit from a value reversion, but in 25 years.

    John Mehtab of Acuitus said: “While these ground rents offer minimal returns in the short term for the owner of the separate freeholds, the respective reversions make these valuable long-term assets and offer potential development opportunities, subject to consents, in the decades to come.”

    The Acuitus auction will take place on December 11 at 1pm and will be broadcast via the company’s website.





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