£1,625 /Monthly

DescriptionThe premises comprise a first floor office suite in a two-story modern building which has recently been refurbished with new insulated cladding. The suite has the following specification and features:LocationThe property is located just off Boundary Road, the Outer Ring Road, approximately 2.5 miles north-west of the city centre on an established and popular commercial estate.Nearby occupiers include Asda, Carshop, Busseys, Mercure Norwich Hotel and Dulux Decorator Centre.Accommodation DescriptionThe First Floor suite has a net internal area of approximately 1,489 sq ft (138.35 sq. m.). The Ground Floor has a net internal area of approximately 1,299 sq ft (120.72 sq m) and 6 parking spaces. TermsThe First Floor suite is offered on a new internal repairing lease at a rent of £19,500 pa with a service charge to cover external repairs, common areas and services. The rent is exclusive of VAT.Alternatively, a sale of the freehold will be considered, subject to the existing lease of the Ground Floor which is let for a term of 5 years from late 2022, subject to a break clause after 3 years. Further details are available on request. Price £420,000 exclusive of VAT subject to contract for the freehold interest. RatesThe business rates for the premises currently form part of the assessment of the entire building which has a Rateable Value of £27,500 and which is in the process of being split. Please contact the agents for further information.