Hardwick House Agricultural Hall Plain Norwich Norfolk NR1 3FS

Hardwick House
Agricultural Hall Plain
Norwich
Norfolk
NR1 3FS

Virtual Freehold Retail Investment

Let to Savills (L&P) Limited until 2023 (subject to option)
Landmark building situated in the city centre
Highly prominent position in Norwich's established office area
Nearby occupiers include Anglia TV Headquarters, Bidwells, NFU Mutual and DVLA

Lot
8
Auction
27th May 2010
Rent
£130,000 per Annum
Status
Withdrawn Post
Price
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
Mayfair
London W1K 2HP

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Virtual Freehold Retail Investment

Let to Savills (L&P) Limited until 2023 (subject to option)
Landmark building situated in the city centre
Highly prominent position in Norwich's established office area
Nearby occupiers include Anglia TV Headquarters, Bidwells, NFU Mutual and DVLA

Lot 8
Auction 27th May 2010
Rent £130,000 per Annum
Status Withdrawn Post
Price
Sector
Office
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
Mayfair
London W1K 2HP

Property Information

Location

Estimated District Population: 376,500; 12 miles west of Great Yarmouth; 50 miles north of Ipswich; 70 miles east of Peterborough
Roads: ?A147, A11, A140
Rail: ?Norwich
Air: Norwich International

Situation

The property is situated in a highly prominent position in the heart of Norwich city centre in the established office area of Agricultural Hall Plain at its junction with King Street. Nearby occupiers include Anglia TV Headquarters, Bidwells, NFU Mutual and DVLA.

Tenure

Virtual Freehold.

Location

Estimated District Population: 376,500; 12 miles west of Great Yarmouth; 50 miles north of Ipswich; 70 miles east of Peterborough
Roads: ?A147, A11, A140
Rail: ?Norwich
Air: Norwich International

Situation

Tenure

Virtual Freehold.

Description

The property, a prestigious landmark building which has been refurbished to a high standard, comprises GROUND FLOOR RETAIL ACCOMMODATION with OFFICE AND ANCILLARY ACCOMMODATION on lower ground and first floors. VATVAT is applicable to this lot.

EPC

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

Description

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	Rent/Review
Lower Ground Ground First	Ancillary/Storage Retail Ancillary Mezzanine Office Office & Boardroom	38.65 sq m 303.70 sq m 207.80 sq m 65.03 sq m 131.92 sq m	(416 sq ft) (3,269 sq ft) (2,229 sq ft) (700 sq ft) (1,420 sq ft)	SAVILLS (L&P) LTD (1)	15 years from 09/10/2008 (2)	£130,000	09/10/2013 and 5 yearly
Totals		747.10 sq m	(8,034 sq ft)			£130,000

(1)?For the year ending 31st December 2008, Savills (L&P) Ltd reported a turnover of ?156,161,000, pre-tax profits of ?17,791,000 and a total net worth of ?9,878,000. (Source: www.riskdisk.com 26/04/2010). (2)?Under the terms of the lease, the tenant has an option to determine on 9th October 2018, on giving 6 months' prior written notice.