Retail - OnTheMarket

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Retail

Restaurant / Retail 248.32 SqM (2,673SqFt) PROMINENT LOCATION

CLOSE PROXIMITY TO THE CITY'S PROFESSIONAL DISTRICT

LARGE OPEN PLAN FLOOR PLATE

IDEALLY SUITED FOR RESTAURANT USE Note: Arnolds for themselves and for the vendors or lessees of this property whose agents they are give notice that (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute part of, an offer or contract: (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchaser or lessees 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 (iii) no person in the employment of Arnolds has any authority to make or give any representation or warranty whatever in relation to this property.

To Let 12-14, Magdalen Street, Norwich NR3 1HU

Magdalen Street is an established retail location with an eclectic mix of retailers located approximately quarter of a mile North of the city centre. The subject premises is located at the southern end of Magdalen Street close to the junction with Colgate and the river Wensum. Other tenants in close proximity include Oxfam, The Royal Air Force, The Egg Salon, Alia Tandoori and Brummells Seafood.

12-14, Magdalen Street, Norwich NR3 1HU

Description

EPC

The property is of brick and block construction under a flat roof and has a traditional frontage onto Magdalen Street with a large display window and personnel door.

The property has EPC rating: F

The ground floor comprises exposed concrete floor with plastered and emulsioned walls, the ceiling consist of exposed concrete block and beam to a height of 3.83 metres.

Robert Flint or Jordan Marshall

The first floor, previously utilised as residential accommodation, consists of exposed ply wood flooring to plastered and emulsioned walls and ceilings.

[email protected]

The windows throughout the property are single glazed with aluminium frames.

SUBJECT TO CONTRACT -RJF/JJM/it/21553/120

Accommodation We have measured the property in accordance with the RICS Code of Measuring Practice and calculate the following approximate net internal area:

Ground floor Retail Storage First floor Total NIA

SqM²

Sq Ft

88.18 54.03 106. 14 248.35

949 582 1143 2673

Terms The property is available on a new full repairing and insuring lease for a term to be agreed at an initial rent of £30,000 per annum exclusive.

Business Rates The property has been entered onto the Valuation Office Agency website as the following: Description: Shop and Premises Rateable Value: £14,750 Rates Payable 2016/2017: £7,330.75

Legal Costs The ingoing tenant will be responsible for both parties' reasonably incurred legal fees.

VAT The client reserves the right to charge VAT in line with the current legislation

Viewing and further information Strictly by appointment with the sole agents:

[email protected]

Arnolds Keys 01603 620551

Ground Floor