About this property

For sale by online auction on 29th October 2025. Bidding window opens 11am on 28th October. Guide £360,000 plus fees.

DESCRIPTION
No. 17 Timberhill and Flats 1 & 2 Palmers Yard, Norwich form a single, three storey, mid-terraced building probably dating back from the 19th Century, with the rear part being converted into two self-contained flats.

The building is of traditional construction with a pitched main roof, with the pizzeria being approached at the front or via the rear courtyard and a side door. The two flats are approached from the rear courtyard opposite no. 3 Palmers Yard.

No. 17 Timberhill amounts to 724 sq.ft. comprising 344 sq.ft. Zone A and 67 sq.ft. Zone B, with kitchen, food preparation area, freezer room and store and let on a 9 year lease from July 2024 at a current rent of £16,750 per annum under the Landlord and Tenant 1954 Act. Details relating to this investment and the terms of the lease will be available within the auction legal pack.

No. 1 Palmers Yard is approached via a communal entrance hall with staircase to the first floor. The accommodation comprises lounge/dining area, kitchen, two bedrooms and internal bathroom. Currently let under the terms of an assured shorthold tenancy at a rent of £895 per calendar month - details will be found within the auction legal pack.

No. 2 Palmers Yard is approached via a communal entrance hall with staircase to the second floor. The accommodation comprises landing, lounge/dining area, kitchen, 2 bedrooms and internal bathroom. Currently let under the terms of an assured shorthold tenancy at a rent of £860 per calendar month - details will be found within the auction legal pack.

Historical Note: The sale of the property here in Timberhill brings to an end the ownership by this Valori family going back over 100 years.

Six of the Valori brothers came over to Norwich from Italy between the end of the 19th Century to 1904 and they established businesses and themselves as part of the Norwich community in a variety of ways. After the First World War Armando and Arturo Valori worked together and in 1946 bought 12 Timberhill selling their famous fish and chips. The family bought this property in the early 1960's and it has remained theirs ever since.

Prospective purchasers will be interested in the long association one family has had with this part of Norwich.

Solicitor: Sprake & Kingsley (Attn John Williams), 16 Broad Street, Bungay, NR35 1EN. Tel 01986 892721

LOCATION
Situated off Timberhill in the centre of Norwich, being located amongst retail shops and close to the Castle Mall Shopping Complex. The property is accessed via a passageway from Timberhill.

DIRECTIONS
Approached from either end of Timberhill on foot and also from Castle Mall car park directly onto Grouts Thoroughfare and Timberhill. Access to Flats 1 & 2 Palmers Yard is via a passageway to the rear of 17 Timberhill.

EPC Pizzeria - C; Flat 1 and Flat 2 - E

VIEWING
Please call us for viewing arrangements.

NOTES:
Buyer Fees: Please note that the successful bidder will be required to pay an Administration Charge of £1,170 inclusive of VAT. This fee is due and payable from the winning bidder immediately after the timed auction ends. The successful bidder will additionally pay over to the auctioneer a deposit of 10% of the purchase price, subject to a minimum of £5,000, after the timed auction ends. All payments to be made by debit card payment or electronic bank transfer to the Brown&Co Client Account, the details of which will be provided by the auctioneer to the successful bidder shortly after the auction ends. Other fees may be payable on completion and will be detailed within the Special Conditions of Sale to be found within the published Auction Pack.
Ability to Buy: This property is being sold under Unconditional Auction Rules creating a legally binding contract at the conclusion of the timed auction. DO NOT bid unless you can complete the sale within 28 days, or on the terms specified within the Special Conditions of Sale.
Help and Assistance: If you have any questions or require any clarification as to the online auction process please contact the auctioneer prior to commencement of the bidding window as we will be unable to enter into any discussions once the auction has started.
Bidding Process: Prior to bidding the bidder will complete a Passport-to-Bid process, which requires registration, verification and agreement to Buyers Terms.
How To Follow the Auction: Use 'Watch' button to follow the auction. If you register to Watch an auction you will receive email notifications of any bidding activity on the specific lot.
How It Works: Unconditional Timed Auction Online: This is a binding method of sale similar to a traditional public property auction. The only difference is the bidding takes place online. The successful purchaser will be required to pay a 10% deposit (subject to a minimum payment of £5,000) on the fall of the virtual gavel and contracts will be exchanged. Bidding for properties online works in a similar fashion to eBay. You can place bids using your PC, tablet or mobile phone and the minimum amount you can bid is defined by the 'bid increment' level. When you place a bid, the property listing page will show you if your bid was successful and whether or not you are the highest bidder. When you are the highest bidder on a property, if another bidder outbids you the system will notify you by email so that you can place another bid if you wish. The major difference from eBay is that our system eradicates sudden death 'bid sniping' through the use of auction 'extension times'. If you have any questions or require any clarification please contact the auctioneer.
Agents Notes:-
(1) All measurements are approximate and quoted for general guidance only and whilst every attempt has been made to ensure accuracy, they must not be relied upon.
(2) Any fixtures, fittings and appliances referred within these published details have not been tested and therefore no guarantee can be given that they are in working order.
(3) Internal photographs are reproduced for general information and it is not inferred that any item shown within any picture is included with the property.
(4) Photographs shown within these details may have been taken with a camera using a wide-angle lens.
(5) These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
(6) In accordance with UK Anti Money Laundering Regulations Intending buyers will be asked to produce original Identity Documentation, Proof of Address and be subjected to an electronic ID verification check before a purchase conveyance is instructed.
(7) Brown&Co comply with the General Data Protection Regulation (EU) 2016/679 ("GDPR") please visit our website www.brown-co.com for our Privacy Statement, Subject Access Requests can be submitted to dataprotectionmanager@brown-co.com .
(8) Brown&Co are regulated under the RICS code of conduct.
(9) Brown&Co are a member of The Property Redress Scheme, Membership Number: PRS012758 https://www.theprs.co.uk/
(10) Brown&Co is a member of RICS Client Money Protection Scheme, RICS Firm Reference: 016189 (11) Brown&Co-Property And Business Consultants LLP trading as Brown&Co Registered Company Number OC302092. (11) Registered Office Address - The Atrium, St George's Street, Norwich, Norfolk, NR3 1AB