About this property

Detailed Description

The property is arranged over ground and first floor.

The ground floor provides a relatively open-plan sales area, with the first floor divided into two separate rooms. There are WC facilities on both floors.

The property benefits from modern interior decoration and would suit a variety of uses including retail, office and leisure.

Location

The property is a two-storey shop/ restaurant located on White Lion Street in Norwich City Centre. White Lion Street is a busy thoroughfare between Castle Quarter Shopping Centre and Chancery Gate Shopping Centre on the periphery of Norwich's prime retail pitches.

National retailers such as Primark, Holland & Barrett, Greggs and Bill's Restaurant are in the immediate vicinity.

Accommodation

Measured on a Net Internal Area basis in accordance with the RICS Code of Measuring Practice, the property has the following approximate floor area:-

External Frontage 6.16m (20'2")
Internal Width (Front) 6.13m (20'1")
Shop Depth 11.15m (36'5")

Description Sq M Sq Ft
Ground Floor 60.6 652
First Floor 58.1 626
Total NIA 118.7 1,278

Business Rates

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

Description Shop and Premises
Rateable Value £32,500
Rates payable for 2021/2022 £16,218

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 letting/ selling agent.

Anna Smith
01603 598248
anna.smith@brown-co.com

Katie Bates
01603 629871
katherine.bates@brown-co.com

VAT

It is understood that VAT is applicable.

Legal Costs

Each party will be responsible for their own legal costs incurred in documenting the letting/sale.

Other

The property has an EPC rating of D (97). A full copy of the EPC is available on our website.

Terms

The Property is available to let on a new full repairing and insuring lease for a term of years to be agreed at a quoting rent of £40,000 per annum.

Alternatively, the freehold is available to purchase for offers in the region of £500,000.