38 London Street & 15 Castle Meadow, Norwich
LOCATION
The property is situated on London Street, a busy retail thoroughfare, with a second frontage onto Castle Meadow. The property is adjacent to Boots, both on London Street and Castle Meadow and Alex Jewellers on London Street and ATF Hair on Castle Meadow. Other national multiple occupiers in the vicinity include Cosy Club, Winsor Bishop, Bravissimo and The Ivy.
ACCOMMODATION
The property is currently fully fitted as a café. The two sales floors are linked by a sales staircase. The property has the following approximate net areas:-
| Ground Floor (London Street): | |||
| Sales | 1,266 sq ft | 117.61 sq m | |
| Vault | 133 sq ft | 12.36 sq m | |
| Ground Floor (Castle Meadow Level): | |||
| Sales | 1,222 sq ft | 113.52 sq m | |
| First Floor: | |||
| Stock/Kitchen | 1,102 sq ft | 102.38 sq m | |
| Second Floor: | |||
| Office/Store | 344 sq ft | 31.96 sq m | |
| Basement | |||
| Stock | 591 sq ft | 54.90 sq m | |
TENURE
The property is available by way of an assignment of the current existing lease which expires on 28 September 2027 at a rental of £65,000 pax (+ VAT if applicable), on full repairing and insuring terms.
A sub-lease for the residue of the term may be available. Terms on application.
RATEABLE VALUE
We understand from the Valuation Office Agency website that the property has a current rating assessment of £60,500 with effect from 1 April 2023. Interested parties are advised to make their own enquiries.
ENERGY PERFORMANCE CERTIFICATE
The property has an energy rating of D. Further details are available upon request.
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.