Industrial unit for sale
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- Unless previously sold or withdrawn prior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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