Initial price	£575,000
24/09/25	£500,000
Price Change	-13.04%

This mixed-use property in Norwich offers a unique opportunity for development (subject to planning). The site comprises two shops, currently occupied by Pegasus Models, with a large car park leading to a garage/workshop. Above the shop, there are two two-bedroom flats let on ASTs, generating a total income of £42,540 per annum. The shop is currently producing £17,400 per annum, while the flats and garage/workshop generate £8,400, £9,600, and £7,140 per annum, respectively. The property also benefits from a large car park with potential for redevelopment. The freehold property has an EPC rating of E (shop) and C (flats), and is being sold with an administration fee and buyer's premium fee payable on exchange of contracts. Viewings can be arranged by prior appointment.