Freehold commercial investment comprising two self contained units with ample off road parking

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

Energy rating

Auction House UK hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.

How it compares

History

• First listed on Cornerlot 11 Oct 2026.

Auction House UK's record

About the lot

Freehold commercial lot in Norwich. Producing £13,250 a year, a 7.4% gross yield at the guide.

Lot 131, Commercial Property. Freehold commercial investment comprising two self contained units with ample off road parking: This single storey detached building extends to around 88 sq/m. Originally built as a detached residential bungalow it was converted many years ago into two self contained commercial units. Unit A is is the larger vacant unit. It was until recently let to a kitchen company at £13,250 pa. Unit B is let to Empire Barbers at £6,500 pa. Fully let it was producing £19,750 pa making this an attractive potentially high yielding commercial investment opportunity. First time to market in almost 20 years. Tenure: Freehold. Unit A (59 sq/m): Shop, office, store, wc. Unit B (29 sq/m): Shop, store, wc, kitchen. Outside: Ample off road parking at front, small rear yard. Ratable Value: According to the valuation office unit A has a ratable value of £15,000 and unit B a ratable value of £4,800 with eight car park spaces, both with effect from 1st April 2026. Services: Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.