Cushman & Wakefield

Cushman & Wakefield

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    64, Castle Mall Shopping Centre

    100 The Mall
    Norwich, NR1 3DD

    Use Class E(a)

    13,048 sq ft

    £250,000

    Use Class

    E(a)

    Size

    13,048 sq ft

    Rent pa

    £250,000

    Marketed by Cushman & Wakefield

    Last updated 13/02/2017
    64
    Castle Mall is a vibrant everyday shopping destination in the heart of Norwich City Centre. 2015 see the remodelling of the main entrance and a brand new £3 Million Restaurant Quarter to join the existing Odeon Cinema. 
    
    Recent additions to the scheme include Tiger, Cycle Republic, The Entertainer, Muffin Break, Eurochange, Quiz and TK Maxx have upsized to a new 30,000 sq ft store.
    The subject unit is located in a prime position on the Upper Level adjacent to Boots and Carphone Warehouse. 
    
    Retailers nearby include Vision Express, First Choice, The Entertainer, Officers Club and The Post Office.

    Use Class

    A1

    Tenure

    Leasehold

    Viewing

    Strictly by appointment.
    
    Staff are unaware.

    Accommodation

    Accommodation details below:

    Areas

    sq ftsq m
    Ground Floor Retail11,8051,096.68
    Ancillary Storage1,244115.56

    Financial

    Lease Type

    New Lease

    Lease Term

    The property is available by way a new effectively full repairing and insuring lease for a term to be agreed.

    Incentive

    Subject to lease length and covenant.

    Rent

    Rent is exclusive of rates, insurance and VAT (if applicable).

    Rates

    We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above. Interested parties are advised to make their own enquiries to the Local Authority.

    Rateable Year:2015
    Rateable Value:£195,000.00
    Rates Payable:£96,135.00
    UBR:49.3p/£

    Costs

    Each party is responsible for their own legal and other professional costs incurred in the transaction.

    Service Charge

    For the year 2015/2016 is estimated at £112,497 per annum, plus insurance of £9,165 per annum.

    Last Updated

    13/02/2017

    Misrepresentation Notice

    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

    Cushman & Wakefield

    Cushman & Wakefield

    Hark Group Limited

    Hark Group Limited

    InfraRed Capital Partners

    InfraRed Capital Partners

    View Castle Mall Shopping Centre