Retail and upper floors with development potential 185.61 SqM (1,998 ...

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Retail and upper floors with development potential 185.61 SqM (1,998SqFt) PREMIERE SUBURBAN TRADING LOCATION FRONTING UNTHANK ROAD

EXCELLENT POTENTIAL FOR FURTHER ENHANCEMENT

DEVELOPMENT POTENTIAL (STP)

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.

INVESTMENT OPPORTUNITY

Investment For Sale

2 Onley Street, Norwich NR2 2EB

Onley Street adjoins Unthank Road, within close proximity to the Unthank Road retail parade running south west from Norwich city centre. The subject property is situated approximately 1 mile south west of the city centre at the junction of Onley Street and Unthank Road. The Unthank Road retail parade is a popular destination and is home to a variety of independent, regional and national occupiers including TSB bank Cooperative convenience store, Adnams wine merchants, Tesco's express Subway, Coral bookmakers and Abbotts estate agents.

2 Onley Street, Norwich NR2 2EB

Description

EPC

The property comprises a two storey Victorian end of terrace building probably of solid brick construction under a pitched and hipped slate roof. The site is fully developed with single storey flat roof extension to the front side and rear of the building.

The property has EPC rating of: D

The ground floor comprises a retail premises currently utilised as a bakery with serving units to the front, the upper parts are currently utilised as office accommodation.

Viewing and further information Strictly by appointment with the sole agents: Arnolds Keys 01603 620551

There is a concrete forecourt which is currently utilised as a seating area with space for 8-10 covers.

Jordan Marshall / Robert Flint

Accommodation

[email protected]

[email protected]

We have measured the property in accordance with the RICS Code of Measuring Practice and calculate the following approximate net internal floor area: Description: Ground floor retail Bakery First floor Second floor (loft)

M2 45.51 74.94 38.94 26.24

TOTAL NIA =

185.61

SqFt 490 807 419 282 1,998

Terms Offers are invited in excess of £325,000 for the benefit of the freehold interest, with vacant possession. N.B The current occupier would like to remain in occupation, subject to negotiation. Further details available on request.

Business Rates The property has been entered onto the Valuation Office Agency website as the following: Description: Shop and Premises Rateable Value: £15,750 Rates Payable 2016/2017: £7,827.75

Legal Costs Each party to bear their own costs

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

SUBJECT TO CONTRACT JJM/05/16/21728/120/1