Entirely let to The Secretary of State for the Environment (assigned to Tribal Education Limited)
Located within the established Norwich Business Park adjacent to Hall Road Retail Park
Nearby occupiers include Homebase, Virgin Money, Norfolk Chamber of Commerce and Pets at Home
Approximate site area of 0.256 hectares (0.633 acres)
Large car park for approximately 42 cars
Six Week Completion Available
Lot 11
Auction 10th July 2012
Rent £113,000 per Annum Exclusive
Status Sold Post
Price
Sector Office
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
1.5 miles south of Norwich town centre, 62 miles north-east of Cambridge, 110 miles north-east of London
Roads
A146, A140, A47
Rail
Norwich Railway Station
Air
Norwich International Airport
Situation
The property is situated on the southern side of Whiting Road, within the established Norwich Business Park, 1.5 miles south of Norwich town centre. The property is adjacent to Hall Road Retail Park with nearby occupiers including Homebase, Virgin Money, Norfolk Chamber of Commerce and Pets at Home.
Tenure
Freehold.
Location
Miles
1.5 miles south of Norwich town centre, 62 miles north-east of Cambridge, 110 miles north-east of London
Roads
A146, A140, A47
Rail
Norwich Railway Station
Air
Norwich International Airport
Situation
The property is situated on the southern side of Whiting Road, within the established Norwich Business Park, 1.5 miles south of Norwich town centre. The property is adjacent to Hall Road Retail Park with nearby occupiers including Homebase, Virgin Money, Norfolk Chamber of Commerce and Pets at Home.
Tenure
Freehold.
Description
The property comprises a self-contained office building over groundand first floors. The property benefits from a large car park forapproximately 42 cars and an approximate site area of 0.256 hectares and 0.633 acres.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a self-contained office building over groundand first floors. The property benefits from a large car park forapproximately 42 cars and an approximate site area of 0.256 hectares and 0.633 acres.
VAT
VAT is 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
Reversion
Ground First
Office Office Storage/Kitchen
400.40 sq m 396.40 sq m 10.70 sq m
(4,310 sq ft) (4,267 sq ft) (115 sq ft)
THE SECRETARY OF STATEFOR THE ENVIRONMENT(assigned to Tribal EducationLimited t/a Tribal) (1)
25 years from 03/09/1990 on a full repairing and insuring lease
£113,000
03/09/2015
Totals
807.50 sq m
(8,692 sq ft)
£113,000
(1) Tribal is an education support services company that has provided market-leading learning and development solutions for over 20 years. They are the largest provider of education inspection services in the UK and have carried out over 10,000 school inspections for Ofsted, employing 1,300 staff. (Source: www.tribalgroup.com 06/06/2012)
