Property Details

The property comprises two former period buildings, combined to create a single retail unit, with accommodation arranged over basement, ground and three upper floors. As currently configured, the building provides retail space at basement, ground and first floor level, with storage and staff amenity facilities at second and third floor levels. The property is Grade II Listed and has an extensive frontage to Dove Street.

Extensive City Centre Property Let To Pact Animal Sanctuary Current Rent £21,000 Pax Potential For Redevelopment, Subject To Planning City Centre Investment Opportunity City Centre Investment Opportunity Detailed Description The Property Comprises Two Former Period Buildings, Combined To Create A Single Retail Unit, With Accommodation Arranged Over Basement, Ground And Three Upper Floors. As Currently Configured, The Building Provides Retail Space At Basement, Ground And First Floor Level, With Storage And Staff Amenity Facilities At Second And Third Floor Levels. The Property Is Grade Ii Listed And Has An Extensive Frontage To Dove Street. Location The Property Occupies A Prominent Position On Dove Street, Just Off Guildhall Hill And Market Place, At The Heart Of Norwich's Historic City Centre. Nearby Occupiers Include Leeds Building Society, Tsb And A Range Of Independent Retail, Café, Restaurant And Coffee Shop Operators. The Location Is Set To Be Further Enhanced Through The Revamp Of Chamberlain House On Guildhall Hill, To Convert The Former Tesco Express Into A New 91 Room Travelodge. Measured On A Net Internal Basis, The Floor Area Is As Follows:- Description Sq M Sq Ft Basement Retail 43.03 463 Ground Floor Retail 52.27 563 First Floor Retail 48.84 526 Second Floor Storage/amenity 49.79 536 Third Floor Storage/amenity 11.48 123 Total Nia 205.41 2,211 M Ft Max. External Shop Frontage 12.74 41 Max. Internal Shop Depth 5.88 19 Business Rates Will Be The Responsibility Of The Occupier. The Premises Have The Following Assessment:- Description Shop & Premises Rateable Value £20,750 Rates Payable For 2025/2026 £10,354 We Have Not Carried Out Tests On Any Of The Services Or Appliances And Interested Parties Should Arrange Their Own Test To Ensure These Are In Working Order. Strictly By Appointment With The Sole Selling Agents:- Brown&co - Norwich Nick Dunn Nick.dunn@brown-co.com 01603 598241 07977 121341 Lily Jerome Lily.jerome@brown-co.com 01603 629871 Thorburn Commercial Ian Thorburn Ian@thorburncommercial.co.uk 01603 625811 The Property Is Not Elected For Vat And Vat Will Not Be Charged On The Purchase Price. Each Party Will Be Responsible For Their Own Legal Costs Incurred In Documenting The Transaction. Lease Terms & Tenant Covenant The Property Is Occupied By People For Animal Care Trust (t/a Pact Animal Sanctuary), A Registered Charity No. 1154444 Founded In 1995 With 32 Shops Operating Over Cambridgeshire, Essex, Lincolnshire, Norfolk And Suffolk. Pact Have Occupied The Property Since 2014 Under A 10 Year Lease From 1st May 2014. The Lease Term Has Expired And The Tenant Is Currently Holding Over At A Rent Of £21,000 Per Annum Exclusive, On Full Repairing And Insuring Terms Subject To A Schedule Of Condition.