Main Rd - Service FOR SALE


Norwich, NFK NR13 4TA
$745,000 USD
Main Rd, Norwich, NFK for Sale
$745,000 USD
Service - FOR SALE
1/3
null | 8.7% Cap Rate

Main Rd
Norwich, NFK NR13 4TA


HIGHLIGHTS

  • Highly prominent site adjacent to the A47
  • Approved planning for additional unit
  • High yield with scope for additional letting

OVERVIEW

The subject property comprises a mixed-use commercial site with two buildings, an industrial/warehouse and an office building in addition to a large open storage site. The site also benefits from approved planning permission for an additional 1,614 sqft Industrial Unit Industrial/Warehouse A modern building of steel portal frame construction with two up and overloading doors which can be easily split back into two units. This is of very good specification with insulated walls and roof. Solar photovoltaic panels have been installed on the warehouse roof, with approximately 10 years left on the feed in tariff. Offices These are in an attractive timber-clad building with accommodation on the ground floor which is let to Keri Systems UK but with an additional suite at the first-floor level which is currently vacant. Open Storage Site The western end of the site is a triangular plot suitable for display and storage purposes. There are a number of small and temporary buildings in this area capable of housing additional facilities.

FOR SALE DETAILS

PRICE

$745,000 USD

PRICE/SF

$138 USD /SF

CAP RATE

8.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burlingham Business Park

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69

LAND SF

30,056

ZONING

-

APN/PARCEL ID

NK241205

ASK ABOUT THIS PROPERTY

Harry DowningArnolds KeysMore Info

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