Restaurant site in Magdalen Street in Norwich up for auction
The “prominent” NR3 premises are on the market for £400,000 to £450,000 and offer more than 5,600 square feet of space.
Sat in Magdalen Street near Colegate, the “substantial” property is currently let to Spice Valley Fine Indian Restaurant.
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There is a large restaurant and kitchen space on the ground floor, along with a three-bedroom flat and extensive office and storage space on the first floor.
The current tenancy runs from November 3, 2016, for 25 years.
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There is also a large yard and parking area approached from Wensum Street.
A spokesman for Auction House said: “This valuable freehold property could have future development potential being located in a very central area of mixed residential and commercial property.”
The property is up for auction with Auction House on November 1.
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