SummaryShop To Let
DescriptionThe shop is a ground floor rectangular shape with a floor to ceiling height glazed frontage and central glazed entrance door. A ramp provides wheelchair access into the shop from the entrance door. There is an accessible WC to the rear of the shop.
The shop has carpets, ceiling tiles with recess lighting. The shop has a 3-phase electricity supply also.
AccommodationMeasured on a Net Internal Areas basis in accordance with the RICS Code of Measuring Practice, the property has the following approximate floor areas:
Net Internal Width 5.99 m 17 ft 7 ins
Shop Depth 14.92 m 48 ft 10 ins
Total NIA 77.05 sq m 829 sq ft
LocationThe property is located on the east side of Bank Plain. Bank Plain forms the link between Prince of Wales Road and London Street, therefore connecting the Norwich Railway Station with the city centre. The locality has a cluster of the City's estate agents.
Bank Plain includes a number of high profile occupiers which include Fine & Country, WH Brown and Fosters Solicitors.
Terms / leaseThe property is available on a new effectively full repairing and insuring lease for a term of years to be agreed at a rent of £12,500 per annum.
The lease will be outside of the security of tenure provisions of the 1954 Landlord and Tenant Act.
Internal repairs will be the responsibility of the tenant, whilst external repairs are the responsibility of the landlord and the costs are recovered from the tenant via a service charge.
RatesBusiness rates will be the responsibility of the tenant. The premises have the following assessment:
Charging Authority: Norwich City
Description: Shops and premises
Rateable Value: £14,000
Rate in the £ for 2017/18: £0.48
*eligible for small business rates relief discount of 33% so the rates payable could be £4,435
Legal costsEach party will be responsible for their own legal costs incurred in the letting.
VATVAT will be charged in addition to the rent.
Energy Performance CertificateThe property has been assessed with an energy rating grade D (88). A full copy is available on request.
ServicesThe property has mains supplies of electricity, water and mains drainage. We have not carried out any tests of the services or appliances.
Interested parties should arrange their own tests to ensure that they are in working order.