71-73 New Botolph Street, Norwich, Norfolk, NR3

Description

The property comprises an end of terrace self contained retail / showroom premises with a side yard / parking. The property is split between two separate titles. The brick built undercroft of 71 Botolph Street is Grade II* Listed. The property has the following specification and features:

Location

The property is located in a prominent position at the junction of St Augustines Street and Botolph Street in close proximity to the A147 Inner Ring Road, approximately 0.5 miles north of the city centre. The site is directly adjacent to Anglia Square Shopping Centre where 1,100 new homes are expected to be built as part of an approved extensive mixed use re generation scheme.

Accommodation Description

The property has the following approximate net internal areas:

Ground floor showroom / sales: 3,175 sq ft (294.9 sq m)
First floor storage: 848 sq ft (78.8 sq m
First floor showroom: 1,813 sq ft (168.5 sq m)
First floor kitchen: 101 sq ft (9.4 sq m)
Attic storage: 313 sq ft (29.1 sq m)
Basement: 317 sq ft (29.4 sq m)
Total: 6,567 sq ft (610.09 sq m)


Terms

The property is being offered for sale, on a freehold basis subject to vacant possession. Alternatively, a new full repairing and insuring lease for a term to be agreed will be considered. We are advised that VAT is not payable on the purchase or rental price.

Rates

The Valuation Office Agency website indicates that as from April 2023 the Rateable Value is £28,250. 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.

Freehold

Residential conversion / development opportunity STP

Total site area of 0.21 acres

Substantial side yard / parking area totalling 0.1 acres.

Parking for approximately 15 vehicles

Vehicular site entrance via New Botolph Street