MMX Retail
Visit websiteNick Symons
Office: 020 3130 4650Mobile: 07977 998825Direct: 020 3130 4654Simon Colley
Office: 020 3130 4658Mobile: 07534 438 411LU37 Castle Quarter
Norwich, NR1 3DD
Use Class E
£51,750
Use Class
E
Rent pa
£51,750
Marketed by MMX Retail,
Close to Entrance off White Lion Street in Castle Quarter
Castle Quarter (recently renamed from Castle Mall) is located adjacent to Norwich Castle and provides over 60 retail units, plus a recently refurbished food court and an 8 screen Vue Cinema. Footfall is currently in order of 8.5 million shopper per annum. The subject unit is close to the entrance to White Lion Street with other retailers in vicinity including Starbucks, F. Hinds, Muffin Break. Anchor stores include Boots and TK Maxx.
Short Term Lease
All viewings should be made strictly via appointment with the sole agents.
Existing Lease
The subject premises will be available by the way of an assignment of the existing lease, contracted inside the Landlord & Tenant Act 1954 and due to expire on 26th February 2023 with tenant option to break in February 2021. Alternatively, a sub-lease will be considered – further details on request.
Rateable Year: | 2019 |
Rateable Value: | £34,750.00 |
Rates Payable: | £17,063.00 |
UBR: | 49.1p/£ |
Each party is responsible for their own legal and other professional costs incurred in the transaction.
The current service charge rate is approximately £10,418 per annum, exclusive of VAT for year ending 31st March 2020. Further details upon request.
02/12/2019
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
All data ©2021 Completely Property Technology Limited