Laundry Loke, North Walsham, Norfolk, NR28

Description

The property comprises a modern industrial/warehouse building and has the following specification and features:

Location

North Walsham is a busy north Norfolk market town, located approximately 15 miles north of Norwich and 7.5 miles south of Cromer and the north Norfolk coast. The town has a resident population of circa 13,000.

The property is situated in North Walsham's principal industrial estate, close to the junction of Laundry Loke and the B1145. Occupiers of note in the vicinity include Coda Plastics, Breedon, PSS, Chell Instruments, Weener Plastics and Drury Transport.

Accommodation Description

The property has the following approximate gross internal areas:

Ground Floor:
Main bay 7,566 sq ft (702.9 sq m)
Side bay 1,352 sq ft (125.6 sq m)
Paint shop 2,096 sq ft (194.7 sq m)
Compressor room 101 sq ft (9.4 sq m)
First Floor:
First floor offices 401 sq ft (37.3 sq m)
TOTAL: 11,516 sq ft (1,153 sq m)


Terms

The freehold interest is offered for sale at a price of £575,000. Alternatively, a letting may be considered on terms to be agreed.

VAT
The price and rent will be subject to VAT if applicable.


Rates

Listed as "Workshop and premises", the Valuation Office Agency website indicates that the Rateable Value is £41,500. This is not the annual rates payable.

The rates payable can be obtained from which includes a rates payable calculator.

Legal costs

Each party is to be responsible for their own legal costs incurred in the transaction.

Anti Money Laundering Checks:
In accordance with the latest Anti Money Laundering Legislation, the purchaser will be required to provide proof of identity and address to the selling agents prior to solicitors being instructed.

Viewing and further information

Strictly by appointment through the sole agents.