Warehouse & Premises - Arnolds Keys
Warehouse & Premises 16,125 SqFt (1,498 M2)
LONG LEASEHOLD INDUSTRIAL TENURE
For Sale 59 Hurricane Way, Airport Industrial Estate, Norwich NR6 6JB
ESTABLISHED COMMERCIAL LOCATION
The property is situated at the northern end of the Airport Industrial Estate. The Airport Industrial Estate is situated approximately three miles north of the city centre.
MODERN BUILDING
Access to the estate is off Fifers Lane, which in turn leads to the Cromer Road and to the Norwich outer ring road. It is in close proximity to the New Norwich Northern Distributor Road, which is due to open in early 2018.
REAR YARD
Note: Arnolds for themselves and for the vendors or lessees of this property whose agents they are give notice that (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute part of, an offer or contract: (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchaser or lessees should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them (iii) no person in the employment of Arnolds has any authority to make or give any representation or warranty whatever in relation to this property.
Industrial
59 Hurricane Way, Norwich NR6 6JB
Ground Floor Plan
Description
Legal Costs
The subject site comprises an extensive property, with shared access to the side and forecourt parking in front of the offices together with a large rear car park with up to 40 car spaces.
Each party to bear their own and the freeholder’s reasonably incurred legal fees will be split.
The building itself comprises a modern warehouse with two storey office block to the front.
VAT Our client reserves the right to charge VAT in line with current legislation.
EPC
Accommodation We have measured the property in accordance with the RICS Code of Measuring Practice and calculate the following approximate gross internal floor areas: Description Warehouse Ground Floor Office First Floor Office
SqM 1,172.30 162.86 162.86
SqFt 12,619 1,753 1,753
TOTAL GIA
1,498.02
16,125
The property has EPC rating:- D.
Viewing and further information Strictly by appointment with the sole agent: Arnolds Keys 01603 620551 Guy Gowing or Jordan Marshall [email protected]
Tenure
[email protected]
The property is held long leasehold from Norwich City Council. The lease has approximately 86 years remaining and is for a term of 125 years from 1 December 1978 (expiring 30 November 2103).
SUBJECT TO CONTRACT GWBG/rhc/22808/120/1
The ground rent is set at 14% of the rack rental value subject to 5 yearly rent reviews (the next review is in December 2018). The current rent is £9,240 per annum. There is an electricity sub-station producing £250 per annum.
Terms The long leasehold interest in the property is available for sale at £ 435,000 exclusive.
Business Rates The property has been entered onto the Valuation Office Agency website as the following: Description: Factory and Premises Rateable Value: £ 57,000 Rates Payable 2017/2018: £ 27,303 We believe that an appeal may result in a saving here. Please contact the agents for more information.
For identification purposes only
LONG LEASEHOLD INDUSTRIAL TENURE
For Sale 59 Hurricane Way, Airport Industrial Estate, Norwich NR6 6JB
ESTABLISHED COMMERCIAL LOCATION
The property is situated at the northern end of the Airport Industrial Estate. The Airport Industrial Estate is situated approximately three miles north of the city centre.
MODERN BUILDING
Access to the estate is off Fifers Lane, which in turn leads to the Cromer Road and to the Norwich outer ring road. It is in close proximity to the New Norwich Northern Distributor Road, which is due to open in early 2018.
REAR YARD
Note: Arnolds for themselves and for the vendors or lessees of this property whose agents they are give notice that (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute part of, an offer or contract: (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchaser or lessees should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them (iii) no person in the employment of Arnolds has any authority to make or give any representation or warranty whatever in relation to this property.
Industrial
59 Hurricane Way, Norwich NR6 6JB
Ground Floor Plan
Description
Legal Costs
The subject site comprises an extensive property, with shared access to the side and forecourt parking in front of the offices together with a large rear car park with up to 40 car spaces.
Each party to bear their own and the freeholder’s reasonably incurred legal fees will be split.
The building itself comprises a modern warehouse with two storey office block to the front.
VAT Our client reserves the right to charge VAT in line with current legislation.
EPC
Accommodation We have measured the property in accordance with the RICS Code of Measuring Practice and calculate the following approximate gross internal floor areas: Description Warehouse Ground Floor Office First Floor Office
SqM 1,172.30 162.86 162.86
SqFt 12,619 1,753 1,753
TOTAL GIA
1,498.02
16,125
The property has EPC rating:- D.
Viewing and further information Strictly by appointment with the sole agent: Arnolds Keys 01603 620551 Guy Gowing or Jordan Marshall [email protected]
Tenure
[email protected]
The property is held long leasehold from Norwich City Council. The lease has approximately 86 years remaining and is for a term of 125 years from 1 December 1978 (expiring 30 November 2103).
SUBJECT TO CONTRACT GWBG/rhc/22808/120/1
The ground rent is set at 14% of the rack rental value subject to 5 yearly rent reviews (the next review is in December 2018). The current rent is £9,240 per annum. There is an electricity sub-station producing £250 per annum.
Terms The long leasehold interest in the property is available for sale at £ 435,000 exclusive.
Business Rates The property has been entered onto the Valuation Office Agency website as the following: Description: Factory and Premises Rateable Value: £ 57,000 Rates Payable 2017/2018: £ 27,303 We believe that an appeal may result in a saving here. Please contact the agents for more information.
For identification purposes only
