44 Vulcan Road South, Norwich, Norfolk NR6 6AF
- PROPERTY TYPE
Light Industrial
- SIZE
Ask agent
Key features
- 5000 sq ft warehouse/light industrial unit
- Let to established tenant passing rent £36,000 pa
- Located on a busy industrial estate North of Norwich
- Guide price: £425,000 - £450,000 + VAT
- For sale by livestream auction
- Unless previously sold or withdrawn prior
- 10:00am, Wednesday 25th March 2026
Description
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 25th MARCH 2026
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
A double bay, concrete framed warehouse currently trading as Crew Fitness producing a passing rent of £36,000 rising to £44,000 per annum in December 2027
The property comprises a detached, double bay, concrete framed warehouse currently trading as Crew Fitness. The building is of predominantly brick construction, with a plastic coated
clad frontage incorporating double glazed windows, a personnel entrance and a roller shutter loading door. A pitched roof covers the building and onsite parking is provided to the
front, the building has a total floor area approaching 5,000 sq ft.
Internally, the accommodation is fitted out as a gym and includes male and female WC facilities together with a first floor office.
The lease is a full repairing and insuring (FRI) lease. The passing rent is £36.000 per annum rising to £44,000 per annum from the 2nd December 2027.
Accommodation Warehouse 4129 sq ft (384 sq m)
1st floor 844 sq ft (78 sq m)
Total 4,973 sq ft (462 sq m)
Planning The property is currently used as a gym, but could be provide for a number of alternative uses in E class, along with B2 and B8 uses.
Lease details The premises are currently let to Exhale Fitness Ltd, for 10 years, expiring 1st
December 2032. There are tenant only breaks on 2nd December 2027 and 2030.
Business Rates Current: 4 August 2023 to present £20,250
Future: from 1 April 2026 £22,250
VAT VAT is applicable to this lot.
Tenure: Freehold
EPC Rating: D
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1200 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.
44 Vulcan Road South, Norwich, Norfolk NR6 6AF
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Norwich Station2.5 miles
- Salhouse Station4.5 miles
- Hoveton & Wroxham Station6.4 miles
About Auction House, East Anglia
The Barn Newmarket Road Cringleford Norwich NR4 6UE
Notes
Disclaimer - Property reference 202602180936sq_fed5. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, East Anglia. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, East Anglia on 01603 361653.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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