124 Barrack Street, Norwich, Norfolk, NR3

Description

The property comprises a detached, predominantly two-storey, former public house and dwelling, which has been extensively converted, fitted out and extended for use as a dental practice.

Internally, on the ground floor, the property provides a reception area with waiting room off, offices, x-ray room, four surgeries, disabled WC and a recovery room. On the first floor is a further waiting room, six surgeries, WCs and changing rooms. At basement level there is the main staff room and a storage area.

Externally, there is a small front surfaced parking area providing two parking spaces and cycle racks and a side accessway leading to the rear car park proving circa 15 parking spaces.

Location

Norwich has a population of approximately 140,000 and an extensive regional catchment area. In addition, more than 40 million people visit Norwich each year. The city has in recent years been voted the UK's "happiest city" and "best place to live" in two separate surveys.

The property is located on the edge of Norwich city centre, on Barrack Street which forms part of the A147 inner ring road, to the north of the city centre. Immediately opposite is the St James Place office and residential development and beyond that is Norwich Cathedral and Norwich's Courts. Occupiers of note close-by include: Nuffield Health, Birketts LLP, Mills & Reeve, Jarrolds and QD.

Accommodation Description

The property has a total approximate net internal floor area of 3,120 sq ft (289.9 sq m) and occupies a plot extending to 0.28 acres (0.11 ha).

Terms

The property is being offered for sale, on a freehold basis, as an investment, subject to the current lease to Whitecross Dental Care Limited.

The lease is for 20 years from 8 April 2015, expiring 7 April 2035, on full repairing and insuring terms with a tenant only break in 2030 and 5-yearly rent reviews. The current passing rent is £48,000 pax.