Norwich: Two businesses up for auction in Magdalen Street
7:45 a.m. April 30, 2022
A photography studio and a former fishmonger’s are up for auction in Norwich.
Neighboring businesses are located in Magdalen Street and they are in the market with Auction House East Anglia.
They belong to the same seller but the buildings will be auctioned separately.
However, there may be an opportunity for any potential buyer to purchase both buildings.
Or: 128 Magdalen Street, Norwich, NR3 1JD
In Magdalen Street, a former fishmonger’s with a two-storey maisonette is to be auctioned with a guide price of £90,000-110,000.
On the auction house’s website, it says: “This former freehold fishmonger’s is now vacant and in need of improvement.
“The property is located close to Anglia Square shopping center and on a prominent main road just north of central Norwich.
“It is ideal for investment or owner occupancy.”
The premises include a retail store and preparation area on the ground floor, a living room and kitchen on the first floor and a double bedroom and bathroom on the second floor.
It also has a backyard.
Or: 126 Magdalen Street, Norwich, NR3 1JD
Potential buyers could also have the possibility of acquiring a neighboring building on rue Madeleine.
The seller sells both buildings but auctions them separately.
This vacant store is a former photography studio which also has a ‘spacious’ two-bedroom apartment above with a guide price of £100,000-£120,000.
Auction House East Anglia says: ‘This is a major town center freehold store with a spacious two bedroom apartment above.
“Potential may exist for separation of store and accommodation subject to planning approval.
“The property is on a busy street close to Anglia Square shopping center and surrounded by established businesses, offices and high density residential properties.”
The ground floor consists of a retail space, a storage room, a shower room and a toilet.
Two bedrooms, a living area and a kitchen are located on the second floor.
All properties shown will be auctioned on Wednesday May 5th.
For more information call Auction House East Anglia on 01603 505100 or visit here.