Commercial Property: 5 Guildhall Hill in Norwich

Price Upon Application 5 Guildhall Hill
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Norwich 5 Guildhall Hill Price Upon Application
Added 11 / 10 / 2023

Location

The property is located within Norwich City Centre opposite the Norwich Market and the Guildhall. Multiple occupiers located nearby include Halifax, Costa, Lloyds Bank, The White Company and Caffe Nero. The property is a short walk from the upmarket Jarrold department store which offers both retail concessions and restaurant/cafe facilities together with delicatessen. The upper parts of the scheme are being developed to create a brand new 91 bedroom Travelodge.

Context

Flexible split options available upon request.

Accomodation

The property is arranged over ground floor and basement comprising the following approximate net internal floor areas.

  • Ground Floor
    914 sq m 9839.2 sq ft
  • Basement
    707 sq m 7615.9 sq ft

Rates

We have been verbally advised that the property is assessed as stated below.

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

  • Current Rateable Value
    £302,500
  • UBR (2021/2022)
    0.512
  • Rates Payable
    £154,880
  • April 2023 Rateable Value
    £194,000
  • UBR (2023/2024)
    0.512
  • Rates Payable
    £99,328

EPC

An EPC has been commissioned and a copy can be provided upon request.

Legal Costs

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

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