33 Orford Place Norwich NR1 3QA

33 Orford Place
Norwich
NR1 3QA

Freehold Retail/Restaurant Investment

Let to Millennium Trading Limited until 2031 (no breaks)
Excellent City Centre location adjacent to Primark and between Haymarket and Castle Mall Shopping Centre
Nearby occupiers include Marks & Spencer, Debenhams, Nando’s and Pizza Hut
VAT-free investment
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
45
Auction
10th December 2015
Rent
£65,500 per Annum Exclusive
Status
Sold Prior
Price
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Freehold Retail/Restaurant Investment

Let to Millennium Trading Limited until 2031 (no breaks)
Excellent City Centre location adjacent to Primark and between Haymarket and Castle Mall Shopping Centre
Nearby occupiers include Marks & Spencer, Debenhams, Nando’s and Pizza Hut
VAT-free investment
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 45
Auction 10th December 2015
Rent £65,500 per Annum Exclusive
Status Sold Prior
Price
Sector
Restaurant
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 12 miles west of Great Yarmouth, 42 miles north of Ipswich
Roads: A11, A140, A147
Rail: Norwich Railway Station
Air: Norwich International

Situation

The property is situated in a prominent location on the western side of Orford Place, to the south of Castle Meadow and north of Red Lion Street, between Haymarket, Norwich’s principal retailing
thoroughfare and Castle Mall Shopping Centre. The property is located adjacent to Primark, with other nearby occupiers including Marks & Spencer, Debenhams, Top Shop, Next and restaurants including Bella Italia, Nando’s and Pizza Hut.

Tenure

Freehold.

Location

Miles: 12 miles west of Great Yarmouth, 42 miles north of Ipswich
Roads: A11, A140, A147
Rail: Norwich Railway Station
Air: Norwich International

Situation

Tenure

Freehold.

Description

The property comprises a restaurant on the ground and first floors with ancillary accommodation on the basement and second floors.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x.	Reviews
Ground Basement First Second	Restaurant/Ancillary Ancillary Restaurant/Ancillary Ancillary	49.10 sq m 39.40 sq m 47.70 sq m 48.70 sq m	(529 sq ft) (424 sq ft) (513 sq ft) (524 sq ft)	MILLENNIUM TRADING LIMITED (1) (t/a Wox Noodle Bar)	25 years from 09/11/2006 until 08/11/2031 on a full repairing and insuring lease	£65,500	09/11/2016 and five yearly thereafter
Total Commercial Area		184.90 sq m	(1,990 sq ft)			£65,500

(1) Wox Noodle Bar is a trading name within Noodle Oodle Group, with other trading names in the group including Chopstix, Noodle Box, Wok in a Box and Noodle Stop. The Group operate from about 60 sites in the UK (www.chopstix.com). The tenant has traded in this location for over 9 years.