Freehold Commercial Warehouse (Part Let)
Hempstead Road, Holt NR25 6EE
For Sale
Description The property is a purpose built warehouse which was constructed in 1977 and is of steel portal frame construction with asbestos cladding to roof and elevations. To the front of the property is a two storey office facility with central entrance. The property benefits from: • Minimum eaves of 4.87 metres • Circulation space to all elevations • Separate office with both cellular and open plan accommodation with male and female WCs • Space for expansion
Location
The site extends to approximately 1.82 hectares (4.5 acres.)
The property is located on the Hempstead Road Industrial
• The property has a gross internal area of
Estate, the principal industrial location in Holt. Holt itself is located approximately 33 miles east of King’s Lynn and 10 miles west of Cromer, with Norwich being approximately 22 miles due south. Holt is home to a number of well-known local businesses including CT Baker, Bakers & Larners of Holt, Bookers Cash & Carry, with Gresham School Holt being the main employer in the town. Hempstead Road Industrial Estate is conveniently located off the Holt bypass (A148) and the town centre is approximately 1 mile to the north.
6,065 sq m (65,285 sq ft).
Tenure The property is held freehold.
Planning The property has planning consent for B1, B2 and B8 uses.
Energy Performance Certificate The property has an Energy Performance Certificate of C.
VAT We understand the property is elected for VAT and therefore VAT will be payable on the purchase price.
Pricing We are instructed by our clients to seek offers in the region of £1,500,000.
Tenancy The property is to be sold subject to a number of licences and tenancies with an approximate gross income of £140,000. All parties occupy on an all-inclusive basis, other than data and communication costs. There will be approximately 19,720 sq ft off vacant accommodation at completion of the sale. Full details of the relevant lease and licences are available upon request from the selling agents.
Viewing Strictly by appointment through the selling agents:
Contact Sam Kingston Roche Chartered Surveyors 01603 756333 (Direct Dial)
[email protected] Chris Squirrell Bidwells 01603 229323 (Direct Dial)
[email protected] You should be aware that the Code of Practice on Commercial Leases in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions or through the website www.commercialleasecodeew.co.uk Disclaimer: these particulars do not constitute an offer or contract or any part thereof. The agents do not make or give either in these particulars or during negotiations or otherwise any warranty or representations whatsoever in relation to this property. All measurements are given as a guide and no liability can be accepted for any errors arising there from. All statements are made without responsibility on the part of the agents or there vendors or lessors, and no responsibility is taken for any omission, error or mis-statement. All intending purchasers or tenants must satisfy themselves as to any matter concerning the premises, by inspection, independent advice, or otherwise. All rentals and prices are quoted exclusive of VAT unless confirmed otherwise. September 2016