Basic Facts
Property ID:
3345
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Post Updated:
2019-12-09 10:49:25
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Status:
Sold
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Type:
Bank
|
Tenure:
Freehold
|
Gross Rent:
£ 58,500
|
Lease Term:
20 years from May '06
|
VAT applicable:
No
|
Property Description
- The property comprises a large, ground floor banking hall with ancillary accommodation in the basement.
- The first and second floors comprise four self contained maisonettes which have been sold off on 125 year leases.
- The property also benefits from car parking to the rear for 13 vehicles
Location Description
- The historic cathedral city of Norwich has a catchment population of 422,000, and is the principal city of East Anglia.
- The city benefits from good communications via the A47 and the A12, a direct rail service to London and a national airport.
- The property is located on Aylsham Road one of the main arterial routes into Norwich City Centre.
- It is in a mixed retail, commercial and residential area with occupiers close by including Tesco Express, Mecca Bingo and a range of local traders.
Additional Notes
- There may be potential to construct a further maisonette on the upper floor subject to all necessary consents.
Features
Blue-chip tenant
Finance available
Freehold
Lease term: 10 - 15 years
No VAT applicable