Lloyds Bank, Norwich

 

2 Surrey St, Norwich, Norfolk NR1 3NF

Offers in excess of
N/A
Acquired
Type - Commercial
Tenant type - Bank
  • Tenure: Freehold
  • Gross Rent: £97,500
  • Lease Term: Let until Jan 2022
  • VAT applicable?: N
  • Town centre investment

Property Description

  • Freehold town-centre bank investment
  • Arranged over the ground, basement, first and second floors
  • The property forms Lloyds Bank’s regional headquarters building and they have been in occupation since 1927
  • An expensive re-fit was recently completed costing ca. £300k

Location Description

  • Norwich with a population of some 171,000 is an historic city and the largest of the East Anglian commercial centres.
  • Norwich is some 45 miles north of Ipswich and 65 miles east of Peterborough.
  • Communications to London are via the A11 and M11 Motorway and a regular train service to Liverpool Street (approximately 1 hour and 50 minutes).
  • The property is located right in Norwich town centre adjacent to numerous blue-chip occupiers

Additional Notes

  • Let until 20 Jan 2022 FR&I to Lloyds Bank plc at a current rent £97,500
  • Rent review at Jan 2017 with ERV of £105,000
  • Potential to convert upper floors to alternative uses subject to gaining consents
  • Let until 20 Jan 2022 FR&I to Lloyds Bank plc at a current rent £97,500
  • Rent review at Jan 2017 with ERV of £105,000
  • Potential to convert upper floors to alternative uses subject to gaining consents

[recaptcha]

Your Agent for this listing

x

Find a Property

Don’t miss out on our latest opportunities!
Click here to register your investment profile with us in 2 minutes.
You can specify your preferred Budgets, Property Types and Locations, meaning our emails will remain bespoke and relevant.
To discuss your specific requirement further, call us on +44 208 954 0878

Register My Profile

Translate »