Cringleford Business Centre, Intwood Road, Cringleford, Norwich, NR4 6AU

£5,250 - £70,900 per annum exclusive

Overview

Description

Location

Description

The available suites are located on the ground and floor having the following facilities, some of which are shared in case of smaller suites:

Location

Cringleford Business Centre is extremely accessible, being close to Norwich Southern Bypass (A47) and the A11 trunk road which leads to Cambridge, M11 and London. It is located approximately 3 miles to the southwest of the city centre. Facilities in the adjoining village of Eaton include a Waitrose supermarket and local shops and services. Cringleford Business Centre is a modern complex which has been extensively refurbished to create various suites. Tenants include the NHS and Anglian Group. There is a gym on site, Fitness Resolutions.

Accommodation Description

Approximate net internal areas and parking allocations are:

Suite 5A, Ground Floor, 1,224 sq ft (113.7 sq m) with 5 parking spaces.
Suite 7B, First Floor, 284 sq ft (26.3 sq m) with 1 parking space.
Suite 8A, First Floor, 634 sq ft (58.9 sq m) with 3 parking spaces.
Suite 8B, First Floor, 1,095 sq ft (101.7 sq m) with 4 parking spaces.
Suite 9C, First Floor, 1,844 sq ft (171.3 sqm) with 6 parking spaces.

Total: 5,081 sq ft (472.0 sq m) and 19 parking spaces.

The offices are available to let separately or in combination.
Additional parking spaces may be available at supplementary charge.

Terms

The suites are offered to let on new leases for a minimum term of 3 years to be agreed. The tenant is responsible for internal
repairs and liable to pay a service charge in respect of common areas, facilities, building insurance, external repairs and decoration and landscape maintenance. A lease of over 3 years will be subject to a rent review at the end of the third year. The lease will be excluded from the security of tenure provisions of the Landlord & Tenant Act. The Landlord reserves the right to charge VAT on the rent and service charge.

Rent
Asking rents exclusive of business rates and VAT are:

Suite 5A - Rent: £17,750
Suite 7B - Rent: £5,250
Suite 8A - Rent: £9,500
Suite 8B - Rent: £15,900
Suite 9C - Rent: £22,500

Rates

The Valuation Office Agency website indicates that as from April 2023 the Rateable Value assessments of the suites are:

Suite 5A - Rateable Value: £14,500
Suite 7B - Rateable Value: £3,650
Suite 8A - Rateable Value: £9,200
Suite 8B - Rateable Value: £14,750
Suite 9C - Rateable Value: £16,250

This is not the annual rates payable. The rates payable will depend on the occupier's circumstances and can be obtained from either South Norfolk Council (Business Rates: 01508 533884), or via www.gov.uk/correct-your-business-rates which includes a rates payable calculator.