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Lloyds Bank, Norwich


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2 Surrey St, Norwich, Norfolk NR1 3NF

Basic Facts

Status: Type: Tenure: Freehold Gross Rent: £ 97,500
Lease Term: Let until Jan 2022 VAT applicable: No

Property Description

  • Freehold town-centre bank investment
  • Arranged over the ground, basement, first and second floors
  • The property forms Lloyds Bank’s regional headquarters building and they have been in occupation since 1927
  • An expensive re-fit was recently completed costing ca. £300k

Location Description

  • Norwich with a population of some 171,000 is an historic city and the largest of the East Anglian commercial centres.
  • Norwich is some 45 miles north of Ipswich and 65 miles east of Peterborough.
  • Communications to London are via the A11 and M11 Motorway and a regular train service to Liverpool Street (approximately 1 hour and 50 minutes).
  • The property is located right in Norwich town centre adjacent to numerous blue-chip occupiers

Additional Notes

  • Let until 20 Jan 2022 FR&I to Lloyds Bank plc at a current rent £97,500
  • Rent review at Jan 2017 with ERV of £105,000
  • Potential to convert upper floors to alternative uses subject to gaining consents
  • Let until 20 Jan 2022 FR&I to Lloyds Bank plc at a current rent £97,500
  • Rent review at Jan 2017 with ERV of £105,000
  • Potential to convert upper floors to alternative uses subject to gaining consents

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