Auction House UK · 21 Oct 2026 · in 2 days
Freehold commercial building arranged as two self contained units offering potential
Mitre Tavern Barn, Mitre Yard, North Walsham, Norfolk NR28 9BN · East of England
LiveRetailFreehold
- Guide
- £60,000
- Rent a year
- ≈£6,500est.
- Yield on the guide
- ≈10.8%est.
- Payback
- ≈9.2 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- C
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.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
C from the government EPC register, lodged 20 Mar 2026 (certificate 7125-3479-4555-8148-1417). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
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Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Auction House UK's record
Auction House UK's results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold retail lot in North Walsham.
Lot 58, Shop. Freehold commercial building arranged as two self contained units offering potential: This freehold two storey commercial attached building is currently arranged as two self contained units and extends to around 83 sq/m. The ground floor was previously let to a chiropodist and first floor let as an office. The property has electric heating, is not listed, and lies within a conservation area. The property has been in the same ownership for nearly 35 years and is now to be sold with vacant possession. There is the potential for conversion to residential, subject to the necessary consents being obtained. The property is situated in the town centre just off the Market Place. Tenure: Freehold. Ground floor Unit: Entrance hall, shop space / treatment room / kitchen, rear lobby, wc, utility. First floor Unit: Ground floor entrance hall First floor large open plan office room with kitchen area and wc. Outside: There is no outside space. Ratable Value: According to the valuation office website the ground floor clinic has an area of 27.8 sq/m and a ratable value of £4,400 and the first floor store has an area of 43.8 sq/m and a ratable value of £1,625, 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. Solicitors: Hayes and Storr (Norwich), Ref: Julia Routledge, Tel: 01603 980300
Figures come from Auction House UK's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.