Retail Norwich | NR2 1ER
Norwich |
NR2 1ER 4 St Gregory’s Alley
SHOP TO LET Location
Rates
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. Norwich is one of the UK’s top retail centres and was ranked as the 2nd Hottest Retail Location in the UK (CACI 2015).
According to the Valuation Office Agency website, we understand that from April 2017 the premises will be assessed as follows:
St Gregory’s Alley is part of the historic and popular Norwich Lanes shopping area, which sits adjacent to Norwich’s prime retail core and due to its historic and village-like character is widely regarded as the leading location in the city for independent niche retailers, cafes, bars and restaurants. The property occupies a prominent position near the junction with Pottergate over-looking a central plain that is a popular meeting area. Occupiers in close proximity include Grosvenor Fish Bar, The Birdcage and Strangers Coffee House. Accommodation The property is a mid-terrace retail unit arranged over three floors with the following approximate net internal floor areas: Ground floor sales First floor ancillary Second floor ancillary Total
361 sq ft 190 sq ft 195 sq ft 746 sq ft
33.5 sq m 17.7 sq m 18.1 sq m 69.3 sq m
Tenure The property is available by way of a new full repairing and insuring lease for a term to be agreed.
Rateable Value: £9,600 Rates Payable: £4,474
(2017/2018)
The 2017 draft valuation is £9,600 which may result in zero rates being payable from April 2017. We recommend that interested parties make their own enquiries to Norwich City Council (01603 212898) 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. Energy Performance Certificate The property has an energy performance rating of C (69). A full copy is available upon request. Legal Costs Each party is to be responsible for their own legal costs incurred in the transaction. Plant and Equipment None of the systems or equipment in the property has been tested by us to ensure that they are in working order. Prospective tenants may wish to make their own investigations. Viewing
Rent
Strictly by appointment through the sole agents:
£14,500 per annum exclusive.
Roche Retail: Contact: Lloyd Perry Tel: 01603 756341 Email: [email protected]
Retail
01603 619876
www.rochesurveyors.co.uk
Norwich |
NR2 1ER 4 St Gregory’s Alley
Norwich
SUBJECT TO CONTRACT
You should be aware that the Code for Leasing Business Premises in England and Wales 2007 strongly recommends you seek professional advice Experian Goad Plan Created: 07/02/2017 from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The code can be found at www.leasingbusinesspremises.co.uk. Created By: Roche
50 metres
IMPORTANT NOTICE Roche Chartered Surveyors for themselves and for the Vendors or Lessors of this property, whose agents they are, give notice that: Copyright and confidentiality Experian, 2017. © Crown copyright and For more information ourorproducts and services: a) The particulars are set out as a general outline only for the guidance of intending purchasers or tenants and do not constitute, nor constitute a part of, anon offer a contract. database rights 2017. OS b) All descriptions, dimensions, reference to condition and100019885 necessary permissions for use and occupation, and other details are given |without responsibility and any intending purchasers www.experian.co.uk/goad [email protected] | 0845 601 6011 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.
NR2 1ER 4 St Gregory’s Alley
SHOP TO LET Location
Rates
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. Norwich is one of the UK’s top retail centres and was ranked as the 2nd Hottest Retail Location in the UK (CACI 2015).
According to the Valuation Office Agency website, we understand that from April 2017 the premises will be assessed as follows:
St Gregory’s Alley is part of the historic and popular Norwich Lanes shopping area, which sits adjacent to Norwich’s prime retail core and due to its historic and village-like character is widely regarded as the leading location in the city for independent niche retailers, cafes, bars and restaurants. The property occupies a prominent position near the junction with Pottergate over-looking a central plain that is a popular meeting area. Occupiers in close proximity include Grosvenor Fish Bar, The Birdcage and Strangers Coffee House. Accommodation The property is a mid-terrace retail unit arranged over three floors with the following approximate net internal floor areas: Ground floor sales First floor ancillary Second floor ancillary Total
361 sq ft 190 sq ft 195 sq ft 746 sq ft
33.5 sq m 17.7 sq m 18.1 sq m 69.3 sq m
Tenure The property is available by way of a new full repairing and insuring lease for a term to be agreed.
Rateable Value: £9,600 Rates Payable: £4,474
(2017/2018)
The 2017 draft valuation is £9,600 which may result in zero rates being payable from April 2017. We recommend that interested parties make their own enquiries to Norwich City Council (01603 212898) 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. Energy Performance Certificate The property has an energy performance rating of C (69). A full copy is available upon request. Legal Costs Each party is to be responsible for their own legal costs incurred in the transaction. Plant and Equipment None of the systems or equipment in the property has been tested by us to ensure that they are in working order. Prospective tenants may wish to make their own investigations. Viewing
Rent
Strictly by appointment through the sole agents:
£14,500 per annum exclusive.
Roche Retail: Contact: Lloyd Perry Tel: 01603 756341 Email: [email protected]
Retail
01603 619876
www.rochesurveyors.co.uk
Norwich |
NR2 1ER 4 St Gregory’s Alley
Norwich
SUBJECT TO CONTRACT
You should be aware that the Code for Leasing Business Premises in England and Wales 2007 strongly recommends you seek professional advice Experian Goad Plan Created: 07/02/2017 from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The code can be found at www.leasingbusinesspremises.co.uk. Created By: Roche
50 metres
IMPORTANT NOTICE Roche Chartered Surveyors for themselves and for the Vendors or Lessors of this property, whose agents they are, give notice that: Copyright and confidentiality Experian, 2017. © Crown copyright and For more information ourorproducts and services: a) The particulars are set out as a general outline only for the guidance of intending purchasers or tenants and do not constitute, nor constitute a part of, anon offer a contract. database rights 2017. OS b) All descriptions, dimensions, reference to condition and100019885 necessary permissions for use and occupation, and other details are given |without responsibility and any intending purchasers www.experian.co.uk/goad [email protected] | 0845 601 6011 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.
