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Freehold Convenience Store With Four-Bedroom Accommodation In Norwich For Sale

Norwich, Norfolk, UK
Asking Price:
£475,000 Furniture / Fixtures included
Turnover:
£208,000
Net Profit:
Undisclosed

Freehold convenience store with spacious four-bedroom accommodation, generating approximately £4,000 per week and offering significant potential to increase turnover to previous levels of around £10,000 per week, as advised by the vendor.

This rare semi-commercial freehold opportunity combines an established retail business with generous residential accommodation, making it ideal for an owner-operator, family business or investor. The convenience store occupies a prominent, high-visibility position close to the town centre, benefiting from excellent footfall from local residents, students and visitors. The business currently achieves weekly sales of approximately £4,000 and previously traded at around £10,000 per week, demonstrating substantial scope for future growth.

The property includes a spacious four-bedroom residential element with flexible living space suitable for owner occupation, staff accommodation or potential rental income. The retail premises benefit from both off-road and on-road parking, together with a garden, providing practical features that further enhance the property's appeal.

Located close to three universities, the business benefits from a large and consistent student population, creating strong demand throughout the year. With minimal direct competition, the nearest comparable business being approximately one mile away, this is an excellent opportunity to build on an already established customer base and further increase sales.

Enquire today to receive further information or arrange a viewing.

Property Information

Property:

Freehold

Living Accommodation:

Four-bedroom residential accommodation offering generous living space suitable for owner occupation, staff accommodation or rental purposes.

Premises Details:

Freehold semi-commercial property comprising a retail convenience store and spacious four-bedroom residential accommodation. Benefits from off-road parking, on-road parking and a garden.

Size in square feet:
Four-bedroom semi-commercial property.
Planning Consent:

Retail premises (Use Class E(a) – display or retail sale of goods).

Business Operation

Expansion Potential:

Excellent potential to increase turnover to previous levels of approximately £10,000 per week, as advised by the vendor.

Competition / Market:

Very limited direct competition, with the nearest comparable business approximately one mile away.