140 Magdalen Street, Norwich, NR3

Property number 52739. Enquire through Rightmove's messaging system and we'll respond within 5 minutes, 24/7

The shop is on the northern part of Magdalen Street, an established retail location with an eclectic mix of shops, approximately half a mile from the city centre.

This attractive and bright, self-contained unit of 63 sqm (679sqft) is prominently positioned towards the busy junction of Magdalen Street and Magpie Road and local shops include Venus Vinyl, Bread Source, Norwich Computers and The Street Cafe.

The main retail area of 40.13 sqm (432sqft) is level with the street, while two rear areas totalling 22.95sqm (247sqft), which could be put to retail or ancillary uses and include the toilet and sinks, are slightly raised. The extensive shop front benefits from demountable grills. Floor finishes and heating will be determined depending on the new tenant's requirements.

Externally to the rear is a yard with shared use and some small storage sheds. A small parking space may be available.

The rent, which is payable monthly in advance, includes building insurance and service charge, but is exclusive of rates and all other outgoings. At the commencement of the term, prior to occupation, the tenant will be required to pay one month’s rent up front, as well as a rent deposit.

The current rateable value is £5,300. As the Rateable Value is less than £12,000, Small Business Rate Relief is available at 100% for ratepayers occupying single properties.

EPC - D (89)