Long leasehold industrial unit, 0.2 acre site, 832 sq/m

Long leasehold industrial unit on a 0.2 acre site (stms) This self-contained detached industrial unit is of steel portal frame construction and was built in the 1970's. It provides a trade counter on the ground floor with offices above. Externally there is ample off-road parking to the front, side and rear of the property. The property was previously let at £10,500pa. It is now vacant. According to the valuation office website the property is described as a warehouse and premises with a rateable value of £8,500 with effect from 1st April 2010.

Tenure

Leasehold. 80 year term, expiring in 2052 (37 years remaning). Ground Rent £4,600pa.

Description

Ground Floor

Showroom 44.54sq.m (47.9sq/ft) Workshop 229.85 sq.m (2,474sq/ft) Office: 7.7 sq/m (82.22sq/ft)

First Floor

Offices, Mess/staff room: 42.3sq/m (455 sq/ft)

Tenure

The property is held on a long leasehold basis on an original 80 year term which expires in 2052 (37 years remaining). The ground rent is currently £4,600pa with the final review due in 2032. The lease permits industrial use.

VAT

VAT is payable

Viewing

Open days

Energy Efficiency Rating (EPC)

Current Rating E

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Great Yarmouth Borough Council. Tel: 01493 856100

Solicitors

Copley Solicitors, 28 High Street, Huntingdon, Cambridgeshire PE29 3TH, Ref: Mr Mark Woolsey, Tel: (01480) 456191

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ 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.