£900,000 /Sale price

DescriptionThe property comprises a detached modern warehouse unit, with ancillary offices, on a plot of approximately 0.82 acres (0.33 ha). It has the following specification and features: LocationBurnet Road is located on the Sweetbriar Industrial Estate to the north­west of Norwich city centre, immediately adjacent to the outer ring road. Sweetbriar is one of Norwich's most established modern industrial estates, with good access to the A47 via Dereham Road and to all locations in the Norwich area. Occupiers in close proximity include Amazon, Wickes, Leyland Paints, Drayton Windows, Rexel, Volvo Trucks, Haas and a wide range of trade, distribution and industrial occupiers. Accommodation DescriptionWarehouse 8,708 sq ft (809.02 sq m) Offices 3,173 sq ft (294.81 sq m) Mezzanine 2,620 sq ft (243.40 sq m) Total: 14,501 sq ft (1347.18 sq m) TermsThe property is offered by way of a sale of the long leasehold interest which has an unexpired term of 83 years, until January 2107 at a current ground rent of £11,750 pa subject to 5 yearly reviews to 13.5% of Open Market Rent. The long leasehold interested is offered at a guide price of £975,000 exclusive of VAT. RatesThe Valuation Office Agency website indicates that as from April 2023 the Rateable Value is £67,500. This is not the annual rates payable. The rates payable will depend on the occupier's circumstances and can be obtained from which includes a rates payable calculator.Legal costsEach party is to be responsible for their own legal costs incurred in the transaction.In accordance with the latest Anti Money Laundering Legislation, the purchaser will be required to provide proof of identity and address to the selling agents prior to solicitors being instructed.Minimum eaves height of approx 4.45m extending to 5.65mElevations of cavity brick and block to part height with lined profiled cladding abovePitched lined roof incorporating translucent lighting panels and profiled cladding Two external electrically operated roller shutter loading doors suitable for trade counter use Secondary internal electrically operated roller shutter door and secure storage/loading bay Extensive mezzanine storage to the warehouse, capable of being removed or adapted, if not requiredHigh level strip and sodium lighting to the warehouseExtensive open plan office space with internal meeting rooms, staff welfare facilities, carpeted floors, integrated lighting and suspended ceilings throughout 3 phase power supply, gas fired hot air blower within the warehouse and separate gas fired central heating system to the offices Secure gated yard and fitted trade counter