Description
The premises comprise a first floor office suite in a two-story modern building which has recently been refurbished with new insulated cladding. The suite has the following specification and features:
Location
The property is located just off Boundary Road, the Outer Ring Road, approximately 2.5 miles north-west of the city centre on an established and popular commercial estate.
Nearby occupiers include Asda, CarShop, Busseys, Mercure Norwich Hotel and Dulux Decorator Centre.
Accommodation Description
The First Floor suite has a net internal area of approximately 1,489 sq ft (138.35 sq. m.).
The Ground Floor has a net internal area of approximately 1,299 sq ft (120.72 sq m) and 6 parking spaces.
Terms
The First Floor suite is offered on a new internal repairing lease at a rent of £19,500 pa with a service charge to cover external repairs, common areas and services. The rent is exclusive of VAT.
Alternatively, a sale of the freehold will be considered, subject to the existing lease of the Ground Floor which is let for a term of 5 years from February 2023, subject to a break clause after 3 years. Further details are available on request.
Price
£420,000 exclusive of VAT subject to contract for the freehold interest .
Rates
The business rates for the premises currently form part of the assessment of the entire building which has a Rateable Value of £27,500 and which is in the process of being split. Please contact the agents for further information. ( Agency Pilot Software ref: 166859 )
