Substantial Grade II Listed city centre investment and development opportunity with potential for residential conversion or alternative uses subject to planning permission

An exciting opportunity to acquire a substantial (approximately 6,000 sq/ft) freehold city centre property, occupying a prominent position close to Norwich Cathedral and the historic Castle, currently utilised as a private educational establishment. With its substantial accommodation, central location and versatile layout, the property offers considerable potential for residential conversion, multiple occupation, offices, educational, hospitality or other commercial uses, subject to the appropriate planning and statutory approvals. Offered with vacant possession, it represents an excellent opportunity for an investor or developer seeking a substantial property with considerable scope for improvement and redevelopment with an attractive guide price.

Tenure

Freehold

Further Details

Extending to approximately 6,000 sq/ft and arranged over several floors, the property provides a variety of classrooms, offices, meeting rooms and ancillary accommodation. The property benefits from a planning history which includes previous permissions for the conversion of the upper floors into four residential apartments, comprising two one-bedroom and two two-bedroom units, together with separate consent for a ground floor restaurant. Interested parties should make their own enquiries regarding the status and implementation of these historic permissions. Originally understood to have comprised three individual properties, there may also be potential to reinstate separate accommodation or subdivide the building to create individual commercial or residential units, subject to the necessary consents.

Accommodation

The frontage onto Upper King Street provides access to 8 and 10 with a linked covered courtyard area which provides access to a former cottage at the rear. There are currently three storeys of offices, classrooms, storage rooms, toilets (male and female) with air conditioning and electric heating. There have been proposals to convert the ground floor into two independent office suites with four apartments on the upper floors. The cottage to the rear may also provide additional development potential all subject to planning.

Business Rates

According to the Valuation Office website the office and premises has a current rateable value of £50,000 with effect from 1 April 2026.

VAT

Please note VAT is applicable to this property.

Viewings

Viewings are by appointment only. Call the Norwich Office to book the next available slot.

Energy Efficiency Rating (EPC)

Current Rating Please refer to Legal Pack

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Norwich City Council

Solicitors

Spire Solicitors LLP (Norwich), Ref: Tracy Guest, Tel: 01603 886221

Additional Fees

Buyer's Premium - £1200 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.