About this property

Detailed Description

The property comprises a detached modern two storey office premises forming part of a small office development. The property benefits from ceiling mounted heating/cooling cassette units, suspended ceilings with recessed lighting, gas central heating and double glazed windows. The offices provide a mix of open plan areas and private offices/meeting rooms.

Externally there is dedicated parking for approximately 17 cars.

Location

The property is well located on Barton Way, just off Carrow Road, approximately 1 mile south east of Norwich City Centre, and within close proximity to Norwich Train Station, offering regular services to London and regional destinations.

Nearby occupiers include Roche Chartered Surveyors, Hughes & Associates and First Choice Care.

Accommodation

Measured on a IPMS 3 basis, the floor areas are as follows:-

Description sq m sq ft
Ground floor 169.79 1,828
First floor 169.81 1,828
Total 339.60 3,656

Business Rates

Business rates will be the responsibility of the occupier. The premises have the following assessment:-

Description Office & Premises
Rateable Value £47,250
Rates Payable for 2025/2026 £23,578

Services

We have not carried out tests on any of the services or appliances and interested parties should arrange their own test to ensure these are in working order.

Viewing

Strictly by appointment with the sole selling agents.

VAT

The property has been elected for VAT, and it is proposed a transaction be treated as a Transfer of a Going Concern (TOGC).

Legal Costs

Each party will be responsible for their own legal costs incurred in documenting the transaction.

Other

Terms

Lease Terms & Tenant Covenant
The property is let to Harper Lomax Limited (now Quickfire Digital Limited) on a contracted out full repairing and insuring lease (subject to a photographic Schedule of Condition) for a term of 5 years from 9th September 2022, incorporating a tenant only break on the third anniversary of the term (not exercised). The current rent passing is £50,000 per annum exclusive (£13.68 per sq ft) payable quarterly in advance. The lease contains provision for the rent to be renewed 9th September 2025 (not instigated).

Quickfire Digital Limited (previously Harper Lomax Limited) was incorporated in December 2015 and has a 100/100 'Very Low Risk' Experian credit check