norwich | nr2 1nq - each :: estate agents clearing … | nr2 1nq 5 royal arcade prime shop to let...
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Retail 01603 619876www.rochesurveyors.co.uk
Norwich | NR2 1NQ5 Royal Arcade
PRIME SHOP TO LET
SUBJECT TO CONTRACTYou should be aware that the Code of Practice on Commercial Leases in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions or through the website www.commercialleasecode.co.uk
Location
approximately five million tourists visit Norwich annually.
Norwich is currently ranked 10th out of all the UK’s top retail centres (CACI 2011). The Royal Arcade occupies a prime location on Gentleman’s Walk and links through to Back of the Inns. Jamie’s Italian will be opening in the summer of 2012 and other key independent retailers located within the Arcade include Colman’s Mustard Shop and Langleys Toy Shop. The Royal Arcade is one of Norwich’s principal tourist attractions, not just for its famous art nouveau architecture but also its wide range of specialist retailers.
Accommodation The property is double fronted and is arranged over ground and first floors having the following approximate net internal floor areas: Ground Floor Sales 320 sq ft 29.7 sq mFirst Floor Ancillary 210 sq ft 19.5 sq m
TenureThe property is available by way of a new 5 year effectively full repairing and insuring lease, contracted outside of the protection of the Landlord & Tenant Act 1954.
Rent£25,000 per annum exclusive.
Service ChargeThe service charge for the year ended 30 June 2012 is £4,703.73 plus VAT.
Rates
Rateable Value: £20,000 Rates Payable: £9,160 (2012/2013)
We recommend that interested parties make their own enquiries of Norwich City Council to verify the current rates payable and to establish the position in respect of any appeals and the inheritance of any transitional relief, which may reduce or increase the rating liability.
Legal CostsEach party is to be responsible for their own legal costs incurred in the transaction.
Plant and EquipmentNone of the systems or equipment in the property have been tested by us to ensure that they are in working order. Prospective tenants may wish to make their own investigations.
Energy Performance CertificateA copy of the first page of the Energy Performance Certificate is attached. A full copy is available upon request.
ViewingStrictly by appointment through the sole agents:
Roche Retail: Contact: Adrian Fennell Tel: 01603 756334 Email: [email protected]
regional catchment area of one million residents. In addition that the premises are currently assessed as follows:Norwich has a population of 170,000 persons and a According to the Valuation Office Agency website, we understand
Norwich | NR2 1NQ5 Royal Arcade
IMPORTANT NOTICERoche Chartered Surveyors for themselves and for the Vendors or Lessors of this property, whose agents they are, give notice that:a) The particulars are set out as a general outline only for the guidance of intending purchasers or tenants and do not constitute, nor constitute a part of, an offer or a contract.b) All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers
or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.c) No person in the employment of Roche Chartered Surveyors has any authority to make or give any representation or warranty whatever in relation to this property.
PENITAS
CREW
HAWKINS BAZAAR/LETTERBOX
KARENM
ILLEN
KINKI BOUTIQUE
PLANET
NEWS
BOOTS
ANIM
ALMR NEWS
ROHAN
VIRGIN
LOCKEYS
WHITE STUFF
SHOECARE
JAMIE'S ITALIAN
TANGERINE
CLOTHING PURPLE
DELICEPATISSERIE
TOYZ
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WAR
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ES
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JOHN LEI
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DAVEY PLACE
SWAN
LANE
HA
GENTLEM
ANSW
ALK
ARCADE STREET
LONDON STREET
AOL HILL
DOVE
STRE
ET
WHITE LION STREET
CAST
LEST
REET
BACKO
FTHE
INNS
MEADOW
WEAVERS
LANE
ROYAL ARCADE
OLD POST OFFICE COURT
HAYMARK ET
LITT
LELO
NDO
NST
REET
EXCH
ANG
EST
REET
LONDON ROAD
WOBURNCOURT
LL
FARMERS AVENUE
(2 RETAIL FLOORS) &
YORK ALLEY
(PEDESTRIANS ONLY)
UNDERCASTLE MEADOW
OVER
&
MARKET PLACE
&
CASTLE HOUSE
(5RE
TAIL
FLO
ORS
)
(2 RETAIL FLOORS)
(2 RETAIL FLOORS)
(CASTLE MEADOWLEVEL)
(PEDESTRIANS ONLY
MON - FRI MIDNIGHT - 11.00AM & 4.00PM - MIDNIGHT
SAT & SUN MIDNIGHT - 10.00AM & 5.00PM - MIDNIGHT
EXCEPT CYCLES & LOADING)
(2RETAIL FLOORS)
LOADING
ENT
ENT
ENT
ENT
ENT
ENT
ENT
ENTR
ANCE
2
2
1
Roche 23/4/2012
Experian Goad Digital Plans include mapping data licensed from Ordnance Survey with the permission of the Controller of Her Majesty’s Stationery Office.©Crown Copyright and Experian Copyright. All rights reserved. Licence number PU 100017316