Cambridge House
Norwich
Cambridge House is an attractive Grade II listed Georgian townhouse, arranged into office and storage space over five floors, including the lower ground level. Situated in the Cathedral area of Norwich city centre, it enjoys a prominent location within an established office and leisure district.
the stats
160% increase on asset value
Heritage Meets Modernity
Norwich, the largest city in East Anglia, is approximately 114 miles northeast of London. This freehold property is currently let to Hansells Solicitors, who occupy the entire building and are holding over from a lease that expired in July 2013. The net rent was £78,500 per annum, with new lease negotiations ongoing.
Cambridge House offers office accommodation across four storeys, with ancillary storage space at the lower ground floor level. The building was fully let, and the tenants appear to be utilising the space efficiently. The property retains several period features, including single glazed sash windows with added secondary internal glazing, and is constructed with brick walls and a tiled pitched roof. Access is provided via a stepped entrance with supportive columns on Tombland, and there is road access to St Cuthbert’s House behind through an archway.
Central Location, Timeless Appeal
The location benefits from excellent road communications, with the A11 providing access to Cambridge and London, the A140 to Diss and Ipswich, and the A47 to Great Yarmouth. Norwich Railway Station, located to the east of the town centre, offers frequent services to London Liverpool Street, with a journey time of approximately 1 hour 44 minutes, and direct services to Cambridge, Ipswich and Great Yarmouth. Norwich Airport, four miles north of the town centre, services both domestic and international flights.
The property, valued at £880,000 with a market rent of £73,200 per annum, also has potential for conversion to residential use, pending planning permission. If vacant, the market value would be approximately £600,000. Cambridge House’s strategic location, historical charm, and current full occupancy make it a significant asset within Norwich City Centre.