1-3 Castle Street, Norwich

Category: Retail/Shopping Centres

1-3 Castle Street, Norwich is a prime high street retail investment providing 2,600 sq ft of well configured retail and ancillary accommodation, let to Paperchase for 10 years from April 2010 at £132,000 pa, which is rack rented at circa £130 Zone A.

Purchased from Cheval Properties for £2.005m, reflecting a NIY of 6.23%.