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Commercial Development for sale

Little Yeldham

Guide Price £400,000

Property Description

Full description

DESCRIPTION


Sewells Farm Barns occupy a prominent position within the hamlet of Little Yeldham. The range of traditional Grade II listed timber framed and timber clad buildings consist of the following buildings (measurements approximate):



  • Barn A - 88sqm (947sqft)

  • Barn B - 65sqm (700sqft)

  • Barn C - 175sqm (1883sqft)

  • Barn D - 136sqm (1463sqft)

  • Barn E - 75sqm (807sqft)

  • Barn F - 124sqm (1335sqft)


The total floor area is approximately 663sqm (7136sqft).


Access to the site is from the highway via a driveway shared with the neighbouring residential property. The site extends to approximately


The site lies close to residential property and is bound to one side by a village play area.


FOR SALE - GUIDE PRICE £400,000


The owner will consider the sale of the barns for business, employment or community uses, subject to terms being agreed. The property will be sold subject to the following terms:


Purchase of the property is subject to a covenant restricting the use permanently to only business, employment or community uses.


TO LET


The landlord will also consider conversion of the barns to a range of business, employment or community uses subject to obtaining the necessary planning consent. The buildings can be coverted in a number of ways and the landlord will work with the tenant to agree configurations.


Tenants will be expected to sign an Agreement to Lease prior to any works commencing.


The conversion cost, including ground works and utility connections, is estimated to be in the order of £125,000 to £1,250,000 depending on use and specification of conversion. Conversion is anticipated to take 12-24 months depending on final specification.


Rent shall be agreed dependent on use and tenants' requirements. Indicative rents are:



  • Storage - £2.00/sq ft to £3.00/sq ft

  • Workshop - £3.50/sq ft to £5.00/sq ft

  • Office - £6.00/sq ft to £8.00/sq ft.


Tenants can seek to finance or undertake conversion themselves and receive a rent free period in lieu of costs, subject to signing suitable lease terms.


PLANNING


Planning permission for a change of use and conversion will be required. An application will need to be submitted once proposed uses and specifications are known and agreed. Listed Building Consent is also required. Obtaining planning consent is likely to take 3-6 months. Who bears the cost of obtaining planning permission will be dependent on terms.

Notice


Whirledge & Nott does not have any authority to give representations or warranties in relation to the property. These particulars do not form part of any offer or contract. All descriptions, photographs and plans are for guidance only and should not be relied upon as statements or representations of fact. All measurements are approximate. No assumption should be made that the property has the necessary planning, building regulations or other consents. Whirledge & Nott has not carried out a survey nor tested any appliances, services or facilities. Purchasers must satisfy themselves by inspection or otherwise.


Viewing


Strictly by appointment. Viewing of the property is entirely at the risk of the enquirer. Neither Whirledge & Nott nor the vendor accept any responsibility for any damage, injury or accident during viewing.


Map & Street View

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