St Saviours, Magdalen Street is a Grade I Listed church building that offers good open space within the nave, small office accommodation, kitchen and wc facilities. The property was previously used as a theatre and performing arts space and benefits from gas fired central heating throughout. Nearby occupiers include Iceland, RSPCA and Oxfam as well as various offices and independent retailers.
Magdalen Street is a busy thoroughfare linking the city centre with Anglia Square shopping centre and the north of the city. Magdalen Street has a mix of independent retailers, restaurants and offices. The street also benefits from being a major bus route.
Ground Floor1786 sq ft165.9 sq m Of?ces112 sq ft10.4 sq m First Floor Mezzanine 552 sq ft 51.3 sq m Total 2450 sq ft 227.6 sq m
The property is available by way of a new lease on internal repairing and insuring terms for a term to be agreed at an initial rent of £13,500 pax.
The Valuation Office Agency website indicated that the 2017 Rateable Value is £5,900. This is not the annual rates payable. Rateable Value is subject to assessment by Norwich City Council.
The rates payable will depend on the occupier's circumstances and can be obtained from either Norwich City Council (01603 212899) or via www.gov.uk/correct-your-business-rates which includes a rates payable calculator.
Interested parties may wish to note that qualifying occupiers may be entitled to 100% rates relief (£0 payable) on properties with a rateable values of less than £12,000.