Commercial Property: in Norwich

£195,000p.a 56 St Stephens St,Norwich
1
Norwich Norwich £195,000p.a
Added 22 / 1 / 2025

Location

The premises (formally Wilko) is situated within a prime position on St Stephens Street; one of Norwich’s
principal retail and bus thoroughfares, whilst also directly adjacent to Chantry Place Shopping Centre, in close proximity to Poundland, Iceland, WH Smith and Greggs.

The property also benefits from parking to the rear.

Accomodation

The property is arranged over basement, ground, first and second floor, comprising the following net internal floor areas:

  • Ground Floor
    2407.5 sq m 25914 sq ft
  • First Floor
    2502.5 sq m 26937 sq ft
  • Second Floor
    2988.7 sq m 32170 sq ft
  • Basement
    69.2 sq m 745 sq ft
  • Total
    7967.9 sq m 85766 sq ft

Lease

The premises is available by way of a new effectively full repairing and insuring lease for a term by agreement, subject to upward only rent reviews every fifth year.

Rates

We have been verbally advised that the premises is assessed as follows:

  • Rateable Value
    £211,000
  • UBR
    0.546
  • Rates Payable
    £115,206

EPC

The property is currently rated within band ‘B’. A copy of the EPC is available upon request.

Speak to an expert