Commercial property
Under Offer
Third Floor, 1 Prince Of Wales Road, Norwich, Norfolk

Leasehold
611 - 3023 sq ft
Summary
Third floor offices suites
Description
The property is an attractive high quality office building providing open plan offices on the third floor. There are currently 3 suites sharing a kitchen, however the partitions can be removed to provide a single open plan office or combinations thereof.

The floor has dormer windows providing views across the City. The space incorporates the following specification:

Fully accessible raised floors
Carpeting throughout
Air conditioning
Suspended ceiling, with recessed lighting
Shared kitchen facilities

The communal WC facilities have recently been upgraded and showers installed with cycle racks within the basement being provided in addition.

The floor benefits from 3 on-site parking spaces located in a secure basement car park, which is accessed via Greyfriars Road, off Rose Lane. This means that there is a space per suite.
Accommodation
The floor is currently split into three suites which provide the following net internal floor areas:

Suite A 611 sq. ft. 56.76 sq. m
Suite B 1,046 sq. ft. 97.18 sq. m
Suite C 818 sq. ft. 75.99 sq. m

The floor can be provided as a single open plan suite with store cupboard. The area provided is 3,023 sq. ft. (280.84 sq. m)
Location
1 Prince of Wales Road is prominently positioned at the top end of Prince of Wales Road. Norwich railway station is within a short walk, where two services per hour are provided to London Liverpool Street.

The City centre's numerous shopping, cultural and leisure amenities are situated a short distance from the property. Occupiers in the building include NFU Mutual, Hays Recruitment, Handelsbanken and Validus whilst other nearby occupiers include Anglia Television and Savills.
Terms / lease
The suite is available by way of a new effectively FRI lease for a term to be agreed.

Rent upon application.
Rates
The RV for the third-floor offices is £17,747. Therefore, the smaller suites will need to be re-assessed for Business Rates. For further information, please contact Norwich City Council Business Rates on 01603 212 898.
Legal costs
Each party will be responsible for their own legal costs incurred in the transaction.
VAT
VAT will be payable on rent, service charge and any other outgoings.
Services
A service charge applies to the building which is re-charged to tenants on a pro-rata basis. Details of the current service charge are available upon request.
Uses
B1(a) Business - Offices
Done
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