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Agent's details

Exchange Street, Norwich, Norfolk, NR2

For sale: £200,000.00|1,589 Sq Ft|Office, Retail - High Street, Offices, Retail

Property details

FOR SALE£200,000.00
SIZE1,589 Sq Ft
ADDRESSExchange Street, Norwich, Norfolk, NR2
TYPEOffice, Retail - High Street, Offices, Retail
TENUREUnder Offer, For Sale Freehold
POSTED ON25th January 2024

Description

Description

The property comprises the basement, ground, first , second, third and fourth floor of a larger building and will be sub divided to provide a self contained property with a total net internal floor area of 1,589 sq ft (147 sq m). Occupiers of note in the vicinity include Cote, Costa, The Tannery, Thorns and Halifax.

Location

Norwich has a population of approximately 140,000 and an extensive regional catchment area. In addition, more than 40 million people visit Norwich each year. The city was also recently voted the UK's "happiest city" and "best place to live" in two separate surveys. The property is located in a prime position on Exchange Street within Norwich's retail core in the popular Norwich Lanes area, connecting directly with the prime retail thoroughfares of Gentleman's Walk and London Street. Jarrolds department store is located in close proximity. St Andrews and St Giles multi storey car parks provide city centre public parking nearby.

Accommodation Description

The property forms part of a larger building which will be sub divided to provide the following approximate net internal floor areas:

Basement: 230 sq ft (21.4 sq m)
Ground floor: 302 sq ft (28.0 sq m)
First floor: 272 sq ft (25.2 sq m)
Second floor: 243 sq ft (22.5 sq m)
Third floor: 273 sq ft (25.4 sq m)
Fourth floor: 269 sq ft (24.9 sq m)
Total: 1,589 sq ft (147.0 sq m)


Terms

Freehold with vacant possession.

Rates

The Valuation Office Agency website indicates that as from April 2023 the Rateable Value of 16-20 Exchange Street is £36,250. The property will require re assessment following sub division. Rates payable will depend on the occupier's circumstances and can be obtained from www.gov.uk/correct-your-business-rates which includes a rates payable calculator.

Legal costs

Each party is to be responsible for their own legal costs incurred in the transaction. ( Agency Pilot Software ref: 166867 )

Location

marker
Location: Exchange Street, Norwich, Norfolk, NR2

Norwich (0.6 miles)

Salhouse (5.2 miles)

Brundall Gardens (5.3 miles)

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