Commercial Property: in Norwich

£145,000p.a 48 St Stephens St,Norwich
1
Norwich Norwich £145,000p.a
Added 22 / 1 / 2025

Location

The premises (formally Poundland) 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.

Accomodation

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

  • Ground Floor
    1295.3 sq m 13937 sq ft
  • Basement
    743.2 sq m 7997 sq ft
  • First Floor
    457 sq m 4918 sq ft
  • Total
    24946 sq m 26852 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
    £217,000
  • UBR
    0.546
  • Rates Payable
    £118,482

EPC

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

Speak to an expert