Main Rd | Norwich NR13 4TA
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Main Rd
Norwich NR13 4TA
Burlingham Business Park · Industrial Property For Sale
Investment Highlights
- Highly prominent site adjacent to the A47
- High yield with scope for additional letting
- Approved planning for additional unit
Executive Summary
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.
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.
PROPERTY FACTS Sale Pending
| Sale Type | Investment | Building Class | B |
| Cap Rate | 8.70% | Lot Size | 0.69 AC |
| Tenure | Freehold | Rentable Building Area | 5,413 SF |
| Property Type | Industrial | No. Stories | 2 |
| Property Subtype | Service | Year Built | 1989 |
| Sale Type | Investment |
| Cap Rate | 8.70% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | B |
| Lot Size | 0.69 AC |
| Rentable Building Area | 5,413 SF |
| No. Stories | 2 |
| Year Built | 1989 |
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