Premises in Prominent High Street Location

The property is arranged over ground, first floor and basement. Tenure The premises are available by way of an assignment of the existing lease expiring 6 March 2027. There is a Tenant break option on 6 March 2022. Alternatively, the premises are available by way of a sub-lease until February 2022. Rent £29,000 per annum exclusive. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £25,250.00 and the rates payable are £12,120.00 UBR for 2018/2019 is 48.0p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.
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Location Description

The property is located in the town of Cromer which is situated 23 miles north of Norwich and 4 miles east of Sheringham. The subject premises are situated in a prominent position in Tucker Street at it’s junction with High Street where a large Co-operative supermarket is located. Cromer is a popular tourist destination with the town centre offering a wide range of independent shops and multiple national retailers, including Budgens, Iceland, Cancer Research, M&Co and Superdrug.

Sizes and Measurements

Total Size

2,247sqft

Sales Area

1,899sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,899sqft

Status

Under offer

Available from

Now

First Floor

Details

Non-Sales

Size

235sqft

Status

Under offer

Available from

Immediately

Basement

Details

Non-Sales

Size

113sqft

Status

Under offer

Available from

Immediately

Lease Information & Charges

Lease End

06/03/2027

Next Lease Break

06/03/2022

Lease type

Assignment

For rent

£29,000/pa

UBR

48p

Ratable Value

£25,250.00

Business Rates

£12,120/pa

Specification

  • Prominent position
  • Popular tourist destination
  • Neighbouring national retailers include Budgens, M&Co and Superdrug

Photos

Map Data
Map data ©2019 Google
Map DataMap data ©2019 Google
Map data ©2019 Google
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