Commercial Property: 43 - 45 St Stephens Street in Norwich

£80,000p.a 43 - 45 St Stephens Street
1
Norwich 43 - 45 St Stephens Street £80,000p.a
Added 22 / 1 / 2024

Location

Norwich has a population of 170,000 and a regional catchment area of one million residents. In addition, approximately five million tourists visit Norwich annually.

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

Accomodation

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

  • Ground Floor
    245.8 sq m 2646 sq ft
  • First Floor
    577.6 sq m 6217 sq ft
  • Total
    823.3 sq m 8863 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:

Interested parties are advised to make their own enquiries with the Local Authorities.

  • Rateable Value
    79500
  • UBR (2023/24)
    0.512
  • Rates Payable
    40704

EPC

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

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