5 Castle Street, Norwich

LOCATION

The property is situated within the city centre’s prime shopping in Castle Street at its junction with London Street.  This location has one of the busiest footfalls in the city and in addition to numerous national multiple retailers benefits from very strong local independent retailers which  makes Norwich a unique shopping destination.

Multiple retailers nearby include Seasalt, White Stuff, Crew Clothing, Waterstones, Joules, The Ivy and Tesco.  High quality independent retailers nearby include Bullens Jewellers, Blakely, Juels, and the flagship Jarrold department store.

 

ACCOMMODATION

 The property has ground and first floors with the following approximate areas:-

 

There is additional first floor space, leased by the previous tenant from the owner of the adjacent property (178 sq ft approx.) which is outside the Landlord’s ownership.  The sole access to this area is from 5 Castle Street.  Further detail is available on request.

Ground Floor:
 Sales594 sq ft 55.1 sq m
First Floor:
 Sales331 sq ft 30.7 sq m

TENURE

 The property is being offered by way of a new full repairing and insuring lease on a length of term to be agreed at a rental of £37,500 pax, subject to 5 yearly upward only rent reviews.

 

RATEABLE VALUE

 We understand from the Valuation Office Agency website that the property has a rating assessment of £42,250 with effect from 1 April 2017.  Interested parties are advised to make their own enquiries.

 

ENERGY PERFORMANCE CERTIFICATE

The property has an energy rating of C.  Further details are available upon request.

 

LEGAL COSTS

 Each party to be responsible for their own legal costs incurred in the transaction.

 

Plans

 

Goad Digital Plans are for identification only and not to be scaled as a working drawing and are based upon the Ordnance Survey Map with the permission of The Controller of Her Majesty’s Stationery Office © Crown Copyright 39954X. No part of this plan may be entered into an electronic retrieval system without prior consent of the publisher. Experian, Goad House, Salisbury Square, Hatfield, Hertfordshire, AL9 5BJ. Tel: 01707 636901 Fax: 01707 636907.

Francis Darrah for themselves and as Agents for the proposed Vendor(s) or Lessor(s) give notice: 1. That they do not make or give either in these particulars or in negotiations or otherwise any warranty or representation whatever in relation to the property. 2. Any plan attached to these particulars is for identification purposes only and all measurements are given as a guide and no liability can be accepted for errors arising therefrom. 3. The property being open to inspection any intended purchaser must satisfy himself as to the accuracy of these particulars and he will be deemed to have full knowledge thereof. 4. No liability can be accepted for any misstatement, omission or errors in these particulars. 5. These particulars do not constitute an offer or Contract or any part thereof.

 

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