Potential Development Land
Potential Development Land 2.25 Acres (0.913 Hectares)
AVAILABLE DUE TO RELOCATION WITHIN THE POPULAR RESIDENTIAL SUBURB OF SPROWSTON LONG TERM DEVELOPMENT POTENTIAL RARE FREEHOLD OPPORTUNITY
Development For Sale
Lusher’s Loke, off School Lane, Sprowston, Norwich NR7 8TH The property is situated on the east side of Lusher's Loke, a privately owned access road running north east from School Lane in the residential suburb of Sprowston on the north east side of Norwich, approximately 400m from the outer ring road A1042. The catchment of the neighbourhood is predominantly residential although there are some commercial users including the adjacent site on the corner of School Lane owned by Peter Colby Commercials, used as a truck maintenance depot. Accessitibility to North Norwich is anticipated to improve with the completion of the Northern Distributor Road (NDR).
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.
Land Off , Lusher’s Loke, School Lane, Sprowston, Norwich, Norfolk NR7 0TH
Description
Freehold
The site has been occupied by WS Lusher Chartered Builders, which is accessed from School Lane along Lusher's Loke, a private roadway.
The property is offered for sale freehold with vacant possession and offers are invited in the region of £800,000.
Upon the site to be sold are two principal buildings, a two storey 1960s office block providing functional accommodation, and the joinery shop, a brick workshop under an insulated steel truss floor, and some associated stores. The remainder of the site is largely laid to open storage.
A clawback provision will be put in place for 50% of the uplift in value of the site over the price paid for a change of use.
Access is via Lusher’s Loke, which leads to School Lane, Breydon Road and Allens Lane.
Legal Costs Each party to bear their own legal costs in this transaction.
VAT Office Building Ground First
Sq M 140.5 65.4
Sq Ft 1,513 704
Our client reserves the right to charge VAT in line with current legislation.
Joinery workshop
488.2
5,253
Strictly by appointment with the sole agent:
Stores
181.5
1,953
Cement shed
206.1
2,218
“Monkey shed”
141.8
1,526
Site area – 0.913 ha / 2.25 acres
Viewing and further information Guy Gowing or Gareth Mears [email protected] [email protected] Arnolds Keys 01603 620551 SUBJECT TO CONTRACT GWBG/GFAM/21552/141
AVAILABLE DUE TO RELOCATION WITHIN THE POPULAR RESIDENTIAL SUBURB OF SPROWSTON LONG TERM DEVELOPMENT POTENTIAL RARE FREEHOLD OPPORTUNITY
Development For Sale
Lusher’s Loke, off School Lane, Sprowston, Norwich NR7 8TH The property is situated on the east side of Lusher's Loke, a privately owned access road running north east from School Lane in the residential suburb of Sprowston on the north east side of Norwich, approximately 400m from the outer ring road A1042. The catchment of the neighbourhood is predominantly residential although there are some commercial users including the adjacent site on the corner of School Lane owned by Peter Colby Commercials, used as a truck maintenance depot. Accessitibility to North Norwich is anticipated to improve with the completion of the Northern Distributor Road (NDR).
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.
Land Off , Lusher’s Loke, School Lane, Sprowston, Norwich, Norfolk NR7 0TH
Description
Freehold
The site has been occupied by WS Lusher Chartered Builders, which is accessed from School Lane along Lusher's Loke, a private roadway.
The property is offered for sale freehold with vacant possession and offers are invited in the region of £800,000.
Upon the site to be sold are two principal buildings, a two storey 1960s office block providing functional accommodation, and the joinery shop, a brick workshop under an insulated steel truss floor, and some associated stores. The remainder of the site is largely laid to open storage.
A clawback provision will be put in place for 50% of the uplift in value of the site over the price paid for a change of use.
Access is via Lusher’s Loke, which leads to School Lane, Breydon Road and Allens Lane.
Legal Costs Each party to bear their own legal costs in this transaction.
VAT Office Building Ground First
Sq M 140.5 65.4
Sq Ft 1,513 704
Our client reserves the right to charge VAT in line with current legislation.
Joinery workshop
488.2
5,253
Strictly by appointment with the sole agent:
Stores
181.5
1,953
Cement shed
206.1
2,218
“Monkey shed”
141.8
1,526
Site area – 0.913 ha / 2.25 acres
Viewing and further information Guy Gowing or Gareth Mears [email protected] [email protected] Arnolds Keys 01603 620551 SUBJECT TO CONTRACT GWBG/GFAM/21552/141
