12 St. Gregorys Alley, Norwich, Norfolk, NR2

Description

The property comprises a mid-terrace retail unit arranged over ground, first and second floor. There are two separate WC's located on the ground and second floor together with a small kitchen located to the rear of the ground floor.

Location

The property is located in Norwich city centre. Norwich has a population of around 170,000 people and a regional catchment area of one million residents. In addition, approximately five million tourist visit Norwich annually.

St Gregory's Alley forms part of the historic and popular Norwich Lanes shopping area that comprises a number of independent niche retailers, cafes and restaurants, whilst being adjacent to Norwich's prime retail core.

Accommodation Description

The shop has the following approximate net internal floor areas:

Ground floor sales: 221 sq ft (20.5 sq m)
Ground floor kitchen: 63 sq ft (5.8 sq m)
First floor: 199 sq ft (18.4 sq m)
Second floor: 154 sq ft (14.4 sq m)
Total: 637 sq ft (59.1 sq m)


Terms

The property is being offered for sale, on a freehold basis subject to vacant possession. We are advised that VAT is not payable on the purchase price.

In accordance with the latest Anti Money Laundering (AML) legislation the purchaser will be required to provide proof of identity, address and source of funds to the selling agents prior to solicitors being instructed.

Rates

The Valuation Office Agency website indicates that as from April 2023 the Rateable Value is £7,400. 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.

Legal costs

Each party is to be responsible for their own legal costs incurred in the transaction.

Retail premises

Freehold for sale

Unique opportunity to purchase a property in The Norwich Lanes

City Centre location