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Guide price
£150,000

Industrial unit for sale

Riverside Road, Great Yarmouth NR31
Auction
Sold STC
Industrial unit
Added > 14 days

Features and description

  • Tenure: Freehold
  • 5,668 sq.ft light industrial premises
  • Potential to subdivide
  • Vacant with parking
  • Three phase electricity supply
  • Guide price: £150,000 to £200,000
  • For sale by livestream auction
  • Unless previously sold or withdrawn prior
  • 11:00 am, Wednesday 11th December 2024

SOLD PRIOR TO AUCTION

A vacant workshop and warehouse premises 5600 sq ft with potential to subdivide

This substantial former joinery workshop has been in the same ownership for over 50 years but is now vacant and ready for a new occupier to either redevelop the site or adapt for an alternative use, subject to planning.

The building could be easily divided into two units as there are already two roller shutter doors. There is three phase electricity, mains water and drainage.

There is an internal office, staff room and toilets with an area for parking for several vehicles in front of the premises.

The site is conveniently situated to the West of Riverside Road adjoining other offices and commercial premises yet within a short distance of the town centre and sea front.

Accommodation Workshop 1 2,668 sq.ft 247.9 sq.m
Workshop 2 2665 sq.ft 246.7 sq.m
Kitchen, office and toilets 240 sq.ft 22.4 sq.m
Total 5563 Sq.ft 517 sq.m
Outside Shared access leading to an area for parking.
Planning Use E Commercial, Business and Service which includes the current light industrial use.
Business rates Rateable Value £8,900. The current occupier pays £0 per annum and the new owner may also be eligible for a similar relief., further information from Great Yarmouth Borough Council.
VAT We understand that VAT will not be applicable to this transaction.

Tenure: Freehold

EPC Rating: G

Administration Fee: 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Buyer's Premium Fee: £900 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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About this agent

Auction House - East Anglia
Auction House - East Anglia
The Barn, Newmarket Road Cringleford Norwich, Norfolk NR4 6UE
01603 398879
Full profileProperty listings
The Auction House team have been holding auctions in East Anglia for over fifteen years. We originally operated under the Tops name, then as Tops Auction House. We have been the Eastern Region’s leading Land and Property auctioneers since 2002 and are highly respected in the area. Sale numbers have grown over the period to over 400 properties per year with success rates averaging out at well over 80% since 2004. Auction House East Anglia draws entries for its auction room in Norwich from a wide geographical area and is supported by a number of market and coastal town Introducer Agents who provide entries and assist with viewings. Auction House East Anglia operates from offices in Norwich (servicing Norfolk), King's Lynn (servicing NW Norfolk and parts of Cambridgeshire), Peterborough (servicing Cambridgeshire) and Ipswich (servicing Suffolk and North Essex) and sells a wide variety of property types covering the residential, land, commercial, investment and agricultural sectors. Many are vacant for improvement, others tenanted or for development. We are expert advisers and guide vendors as to the most appropriate method of sale which could be by Formal or Informal Tender, Invited Offer, Private Treaty or Auction. Auction House East Anglia was the model Licensee and provided the template for others to follow. It continues to be one of the most successful operators in the UK and is the ‘first choice’ regional auctioneer across the counties of Norfolk, Suffolk, Cambridgeshire and North Essex.
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