Retail Norwich | NR1 3DE - Realla
Norwich |
NR1 3DE 10A Castle Meadow
SHOP / OFFICE FREEHOLD FOR SALE Location
VAT
Norwich has a population of 170,000 persons and a regional catchment area of one million residents. In addition approximately five million tourists visit Norwich annually.
The Vendor reserves the right to charge VAT on the price as applicable.
Norwich is currently ranked as the 2nd Hottest Retail Location in the UK (CACI 2015). The property is conveniently located on Castle Meadow which is within the retail core of the city and in a location which benefits from a high footfall. Castle Meadow is one of the main arterial routes through the city centre, exclusively used by the city’s public transport. Retailers within the vicinity include Waterstones, Boots, Cycle Republic, Trailfinders and Maplin Electronics. Accommodation The property is presently occupied by Big C and was previously a bank. The building is of traditional brick construction below a tiled roof and is arranged over four levels having the following approximate net internal floor areas: Basement
344 sq ft
32.0 sq m
Ground Floor
530 sq ft
49.2 sq m
First Floor
667 sq ft
62.0 sq m
Second Floor
619 sq ft
57.5 sq m
2,160 sq ft
200.7 sq m
Total: Energy Performance Certificate
The Energy Performance Asset Rating is (TBC). A full copy of the certificate is available upon request. Tenure/Terms The freehold interest is offered for sale with vacant possession at a price of £400,000. SUBJECT TO CONTRACT
Planning The property is currently occupied as an office. Interested parties should make their own enquiries regarding a change of use. Rates According to the Valuation Office Agency website, we understand that the premises are currently assessed as follows: Rateable Value: Rates Payable:
£27,750 £13,792
(2016/2017)
We recommend that interested parties make their own enquiries of Norwich City Council to verify the current rates payable and to establish the position in respect of any appeals and the inheritance of any transitional relief, which may reduce or increase the rating liability. Plant and Equipment None of the systems or equipment in the property have been tested by us to ensure that they are in working order. Prospective purchasers may wish to make their own investigations. Legal Costs Each party is to be responsible for their own legal costs incurred in the transaction. Viewing Strictly by appointment through the sole selling agents: Roche: Contact: Sam Kingston Tel: 01603 756333 Email: [email protected] Contact: Adrian Fennell Tel: 01603 756334 Email: [email protected]
You should be aware that the Code of Practice on Commercial Leases in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions or through the website www.commercialleasecode.co.uk
Retail
01603 619876
www.rochesurveyors.co.uk
Norwich |
Norwich
NR1 3DE 10A Castle Meadow
Experian Goad Digital Plans include mapping data licensed from Ordnance Survey with the permission of the Controller of Her Majesty’s Stationery Office. ©Crown Copyright and Experian Copyright. All rights reserved. Licence number PU 100017316
50 metres
Experian Goad Plan Created: 04/05/2016 Created By: Roche
IMPORTANT NOTICE For more information on our products and services: confidentiality 2016.or©Lessors Crownof this property, whose agents they are, give notice that: Roche CharteredCopyright Surveyorsand for themselves and Experian, for the Vendors www.experian.co.uk/goad | [email protected] | 0845 601 6011 a) The particularscopyright are set out as database a general outline only forOS the100019885 guidance of intending purchasers or tenants and do not constitute, nor constitute a part of, an offer or a contract. and rights 2016. b) All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. c) No person in the employment of Roche Chartered Surveyors has any authority to make or give any representation or warranty whatever in relation to this property.
NR1 3DE 10A Castle Meadow
SHOP / OFFICE FREEHOLD FOR SALE Location
VAT
Norwich has a population of 170,000 persons and a regional catchment area of one million residents. In addition approximately five million tourists visit Norwich annually.
The Vendor reserves the right to charge VAT on the price as applicable.
Norwich is currently ranked as the 2nd Hottest Retail Location in the UK (CACI 2015). The property is conveniently located on Castle Meadow which is within the retail core of the city and in a location which benefits from a high footfall. Castle Meadow is one of the main arterial routes through the city centre, exclusively used by the city’s public transport. Retailers within the vicinity include Waterstones, Boots, Cycle Republic, Trailfinders and Maplin Electronics. Accommodation The property is presently occupied by Big C and was previously a bank. The building is of traditional brick construction below a tiled roof and is arranged over four levels having the following approximate net internal floor areas: Basement
344 sq ft
32.0 sq m
Ground Floor
530 sq ft
49.2 sq m
First Floor
667 sq ft
62.0 sq m
Second Floor
619 sq ft
57.5 sq m
2,160 sq ft
200.7 sq m
Total: Energy Performance Certificate
The Energy Performance Asset Rating is (TBC). A full copy of the certificate is available upon request. Tenure/Terms The freehold interest is offered for sale with vacant possession at a price of £400,000. SUBJECT TO CONTRACT
Planning The property is currently occupied as an office. Interested parties should make their own enquiries regarding a change of use. Rates According to the Valuation Office Agency website, we understand that the premises are currently assessed as follows: Rateable Value: Rates Payable:
£27,750 £13,792
(2016/2017)
We recommend that interested parties make their own enquiries of Norwich City Council to verify the current rates payable and to establish the position in respect of any appeals and the inheritance of any transitional relief, which may reduce or increase the rating liability. Plant and Equipment None of the systems or equipment in the property have been tested by us to ensure that they are in working order. Prospective purchasers may wish to make their own investigations. Legal Costs Each party is to be responsible for their own legal costs incurred in the transaction. Viewing Strictly by appointment through the sole selling agents: Roche: Contact: Sam Kingston Tel: 01603 756333 Email: [email protected] Contact: Adrian Fennell Tel: 01603 756334 Email: [email protected]
You should be aware that the Code of Practice on Commercial Leases in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions or through the website www.commercialleasecode.co.uk
Retail
01603 619876
www.rochesurveyors.co.uk
Norwich |
Norwich
NR1 3DE 10A Castle Meadow
Experian Goad Digital Plans include mapping data licensed from Ordnance Survey with the permission of the Controller of Her Majesty’s Stationery Office. ©Crown Copyright and Experian Copyright. All rights reserved. Licence number PU 100017316
50 metres
Experian Goad Plan Created: 04/05/2016 Created By: Roche
IMPORTANT NOTICE For more information on our products and services: confidentiality 2016.or©Lessors Crownof this property, whose agents they are, give notice that: Roche CharteredCopyright Surveyorsand for themselves and Experian, for the Vendors www.experian.co.uk/goad | [email protected] | 0845 601 6011 a) The particularscopyright are set out as database a general outline only forOS the100019885 guidance of intending purchasers or tenants and do not constitute, nor constitute a part of, an offer or a contract. and rights 2016. b) All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. c) No person in the employment of Roche Chartered Surveyors has any authority to make or give any representation or warranty whatever in relation to this property.
