Gorgeous retail unit in the heart of heritage shopping area. Let to Castle Fine Art on a 15 year lease at £60,000 pa.

Gorgeous retail unit in the heart of heritage shopping area. Let to Castle Fine Art on a 15 year lease at £60,000 pa.
£895,000FreeholdNorwich NR2 1PT
2nd June 2014

Description

Description of Building: A beautiful glass fronted unit let to Washington Green Retail Ltd (Castle Fine Art) on at 15 year lease with R&I terms from 23rd August 2013. The rent is £60,000 p.a. and there is a tenant break option at year 10, rent review in 2018.  Freehold & VAT elected.

Size:
Gross Frontage (inc. splay): 4.50m / 14ft 9″
Net Frontage (inc. splay): 4.10m / 13ft 5″
Return Window Frontage : 10.8m / 35ft 5″
Shop Depth : 16.50m / 54ft 2″
Built Depth : 22.20m / 66ft 4″
Basement (Trap door access) : 37.6 sqm / 405 sq ft

Location : Norwich, with a population of some 171,000, is an historic city and the largest of the East Anglian commercial centres. Norwich is some 45 miles north of Ipswich and 65 miles east of Peterborough. Communications to London are via the A11 and M11 motorway and a regular rail service to Liverpool Street (approximately 1 hour and 50 minutes).
The property is situated within the city centre on pedestrianised Back of the Inns. Opposite the beautiful royal arcade.  An entrance to Castle Mall Shopping Centre is close by as are O2 Telephones, Cath Kidston, Waterstones, Virgin Money, Jamie’s Italian, Game, Greggs and Holland & Barrett amongst others.

 

13 Back Of The Inns, Norwich, Norfolk NR2 1PT, UK