34 Exchange St 1,915 SF Office Building Norwich NR2 1AX $464,978 CAD ($242.81 CAD/SF)

The property provides accommodation on ground, first and second floors with good basement storage. The property is currently used as a complementary health clinic and comprises a number of rooms for consultations and treatment. The property is let to Saurabh Gupta on an internal repairing and insuring lease, outside the Landlord & Tenant Act 1954, for a term of 8 years from 1 July 2023, with mutual rolling break on 6 months’ notice any time after 1 July 2027 at a rent of £12,200 pax. There is a rent review with effect from 1 July 2027. The adjacent properties, 38 and 40 exchange street, are owned by the same vendor and can be purchased with the subject property, or can be bought separately at the prices advertised.