BSR
BSR
  • Home
  • Distressed Businesses
    • All Distressed Businessess
    • Administrations
    • Liquidations
    • Winding Up
    • Insolvency Advice  New
  • Buy a Business
    • All Businesses for Sale
    • Find a Business for Sale
    • Raising Business Finance
    • Buyer Acquisition Service   New
    • Escrow Service   New
  • Sell a Business
    • Sell Your Business
    • Seller Accounts
    • Need Help Selling?
    • Help With Finance New
    • Business Valuation
    • Business Wanted Adverts
  • Insights & News
    • View All News
    • View All Insights
  • Off-market
    • Source deals
  • Log In
  • Join Now
Join now
11111111

Home / News / Norwich’s Royal Arcade up for sale for £1.25m

Norwich’s Royal Arcade up for sale for £1.25m

Tue, 14 Sep 2021 | COMMERCIAL PROPERTY

Norwich’s Royal Arcade up for sale for £1.25m

The Royal Arcade shopping centre In Norwich is up for sale with a guide price of £1.25 million. The covered shopping arcade, prominently located in Norwich’s pedestrianised city centre, has been owned by Legal & General for 12 years.

The property is being brought to market by property auctioneer Acuitus on a freehold basis. The 30,000 sq ft centre contains 20 retail units across the ground floor, five of which are currently vacant. The property’s first and second floors are also vacant, having previously been home to a restaurant.

The Royal Arcade is grade II listed and is located in close proximity to Norwich Castle, Norwich Market, the city’s Castle Mall Shopping Centre and car park, as well as the main city centre bus stops. There are three entrances to the centre – on Gentleman’s Walk, Castle Street and White Lion Street – and an electrical substation on site.

The property was designed by celebrated Norfolk architect George Skipper, who also designed other prominent buildings in Norwich, such as the Jarrold department store and Surrey House.

According to Acuitus, the property offers significant asset management opportunities and could benefit from redevelopment in future for a range of uses, subject to necessary consents.

Acuitus is set to bring the property to market in a livestreamed auction on Friday, September 24.


One of the best ways to find properties below market price is to look at recent administrations.


Share this article



Latest Businesses for Sale

E-commerce Supplier of Coffee Products
UK Wide

The company produces and supplies a wide range of coffee products created using ethically sourced beans from South America. The core products comprise wholebeans, grounds, single-origin roasts, blends, cold brews and compostable pods.

Asking Price: £300,000
Turnover: £200,000

LEASEHOLD


Luxury Vehicles Retailer Utilising a Showroom-free Business Model
UK Wide

The company offers an extensive range of luxury cars, including vehicles from prestigious manufacturers such as Aston Martin, Ferrari, Lamborghini and Rolls Royce. The business operates with a unique showroom-free approach, utilising a dedicated onli...

Asking Price: Offers Invited
Turnover: £97,000,000

FREEHOLD


E-commerce Sales of Jewellery, Lingerie & Sexual Health Products
UK Wide

The company offers the sale of fashion jewellery, lingerie, and sexual health products and toys, pyjamas, gym clothing, beachwear, and PPE. Priding itself on its high-quality products and exceptional customer service, the company offers its produc...

Asking Price: Offers Invited
Turnover: £5,500,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
03
 
Feb
 

Social media marketing firm acquired at up to 41.6x operating profit | BUSINESS SALE

Manchester-based social media and influencer marketing agenc...

 
03
 
Feb
 

Pub group planning to sell 1,000 sites as pressures on hospitality mount | COMMERCIAL PROPERTY

Stonegate Group, the UK’s largest pub company, is repo...

 
02
 
Feb
 

Babble hits 12 acquisitions in a year with double takeover | BUSINESS SALE

London-based cloud technology firm Babble has continued its ...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
26
 
Oct
 

Legal & General sells personal investing business to Fidelity | BUSINESS SALE

Legal & General Group has agreed the sale of its personal in...

 
30
 
Apr
 

Allianz announces home insurance deal with L&G | DIVISION SALE

Allianz has revealed that they're holding "exclusive ta...

 
23
 
Feb
 

Skandia House for sale | COMMERCIAL PROPERTY

A landmark office building in Southampton has gone up for sa...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news

logo
Our Services Distressed Businesses
  • Businesses for Sale
  • Distressed Companies
  • List a Business
  • Help with Finance
  • Buyer Acquisition Service
  • Small Businesses for Sale
Company Buy a Business
  • About BSR
  • Pricing
  • Insights
  • News
  • FAQs
  • Reviews
Get In Touch
020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm
About BSR
Business Sale Report is the UK's leading
independent business for sale & distressed business listing service.
Established in 1995, BSR offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.
Subscribe

Subscribe to our newsletter to receive news about the latest businesses for sale.

  • Terms
  • Privacy
  • linkedin
  • facebook
  • twitter
© 1995-2023. Business Sale Report Ltd. All rights reserved. www.business-sale.com.