Timberhill, Norwich, Norfolk, NR1

Description

Timberhill is one of the oldest recorded city streets in Norwich and is renowned for its mix of independent eateries, boutiques and beauty salons. The street is part of a semi pedestrianised link between John Lewis and Castle Quarter shopping Centre that is Norwich's principal leisure quarter, home to Vue Cinema (8 screen multiplex) and PureGym.

Location

Norwich has a population of approximately 148,000 persons and a regional catchment area of one million residents. In addition, approximately five million tourists visit Norwich annually. In two separate surveys, the city was voted the UK's "happiest city" and "best place to live". The premises occupy a prime location on Timberhill that links the city centre to John Lewis and is renown for its historic nature and range of independent occupiers including Ginger, Two Magpies Bakery, The Murderers Pub, Middletons etc.

Accommodation Description

The unit is arranged over ground and first floor levels having the following
approximate net internal floor areas:

Ground Floor Sales: 681 sq ft (63.3 sq m)
First Floor Sales: 556 sq ft (51.7 sq m)

Terms

The shop is available by way of a new effectively full repairing and insuring lease for a term by agreement, subject to upward only rent reviews every fifth year.

Rates

The Valuation Office Agency website indicates that as from April 2023 the Rateable Value is £17,750. This is not the annual rates payable. The rates payable will depend on the occupier's circumstances and can be obtained from which includes a rates payable calculator.