COMMERCIAL
Charles Street, Great Yarmouth
£180,000
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Description
*Long Leasehold Sale only* An industrial unit with offices and forecourt just off the Quay, close to the main port / harbour industrial estate, with a main span of 546 sq m (5,877 sq ft) and additional offices.
• Main Span 546 sq m / 5,877 sq ft – GIA
• Additional Offices 98.47 sq m / 1,060 sq ft – NIA
• Sought after location nearby the Quay
• Refurbished buildings in estate
Great Yarmouth - Great Yarmouth has a residential population of 93,400 and a population of 205,000 within half an hour travelling time. The town is the third largest UK seaside destination, and it also adjoins the well-known Norfolk Broads National Park.
Great Yarmouth is a major employment area with a strong manufacturing and warehousing base and a busy seaport with deep water outer harbour serving the offshore oil and gas industry.
The area has been enhanced in recent years by a steady programme of road improvements which have provided a vastly improved road link to London, the industrial centres of the Midlands and the North. A third river crossing (Herring Bridge) has now been completed.
Location - Just off South Quay, the main road to the harbour and port.
Lease Terms - New lease on tenant's full repairing and insuring terms at an initial rent of £27,000 per annum exclusive.
A 10-year term preferred with a 5-year break.
Premises insured by landlord and premiums recouped as part of rent.
Interested parties will need to show affordability and give a rent deposit of two months’ rent.
Rent payable monthly in advance.
OR
Long Leasehold Purchase
The long leasehold was for 80 years from 1972-26 years remaining. The ground rent which is reviewed every 20 years is £7700 for the factory and about £1500 for the car park The freehold has agreed a new lease can be granted in place of the existing for 80 years with a 20 year then 15 year ground rent review.
£180,000 is sought for the current lease.
Planning/Use - Use in accordance with the use classes order – B8 light industrial / storage.
Vat - We understand that VAT will NOT be applicable to the annual rent.
Possession - Vacant possession upon completion of a new lease.
Legal Cost - Both parties are responsible for their own legal costs.
Services - Mains water, electricity and drainage are not connected to the property.
Business Rates - To be assessed.
Energy Performance Certificates And Asbestos Repor - The EPC has been ordered. Contact the agent for further details.
Asbestos Management Reports are available on request.
Local Authority - Great Yarmouth Borough Council.
Accommodation - Main Span, Various Partioned Areas, Store, Lobby, WC, WC, Meter Cupboard-gas boilers meters, WC-urinals basin WC- radiator
Office, Glazed office space to rear, Office, Additional Office Suite, Lobby, Reception, Hall with cupboards and cupboard with sink
Office 3.95m x 5.1m
Office 3.36m x 3.048m
Office 4.17m x 3.17m
Office 3.94m x 8.6m
Lobby-access, Inner space
Office 2.8m x 7.5m
Offices have radiators
Car Parking
Viewing - By arrangement with the agents.
Identity Check / Aml - The Money Laundering Regulations require us to conduct checks upon all Prospective Parties. Prospective Parties will need to provide proof of identity and residence. For a Company any person owning more than 25% must provide the same.
Agent Details - For further details please contact:
Mark Duffield
mark.
• Main Span 546 sq m / 5,877 sq ft – GIA
• Additional Offices 98.47 sq m / 1,060 sq ft – NIA
• Sought after location nearby the Quay
• Refurbished buildings in estate
Great Yarmouth - Great Yarmouth has a residential population of 93,400 and a population of 205,000 within half an hour travelling time. The town is the third largest UK seaside destination, and it also adjoins the well-known Norfolk Broads National Park.
Great Yarmouth is a major employment area with a strong manufacturing and warehousing base and a busy seaport with deep water outer harbour serving the offshore oil and gas industry.
The area has been enhanced in recent years by a steady programme of road improvements which have provided a vastly improved road link to London, the industrial centres of the Midlands and the North. A third river crossing (Herring Bridge) has now been completed.
Location - Just off South Quay, the main road to the harbour and port.
Lease Terms - New lease on tenant's full repairing and insuring terms at an initial rent of £27,000 per annum exclusive.
A 10-year term preferred with a 5-year break.
Premises insured by landlord and premiums recouped as part of rent.
Interested parties will need to show affordability and give a rent deposit of two months’ rent.
Rent payable monthly in advance.
OR
Long Leasehold Purchase
The long leasehold was for 80 years from 1972-26 years remaining. The ground rent which is reviewed every 20 years is £7700 for the factory and about £1500 for the car park The freehold has agreed a new lease can be granted in place of the existing for 80 years with a 20 year then 15 year ground rent review.
£180,000 is sought for the current lease.
Planning/Use - Use in accordance with the use classes order – B8 light industrial / storage.
Vat - We understand that VAT will NOT be applicable to the annual rent.
Possession - Vacant possession upon completion of a new lease.
Legal Cost - Both parties are responsible for their own legal costs.
Services - Mains water, electricity and drainage are not connected to the property.
Business Rates - To be assessed.
Energy Performance Certificates And Asbestos Repor - The EPC has been ordered. Contact the agent for further details.
Asbestos Management Reports are available on request.
Local Authority - Great Yarmouth Borough Council.
Accommodation - Main Span, Various Partioned Areas, Store, Lobby, WC, WC, Meter Cupboard-gas boilers meters, WC-urinals basin WC- radiator
Office, Glazed office space to rear, Office, Additional Office Suite, Lobby, Reception, Hall with cupboards and cupboard with sink
Office 3.95m x 5.1m
Office 3.36m x 3.048m
Office 4.17m x 3.17m
Office 3.94m x 8.6m
Lobby-access, Inner space
Office 2.8m x 7.5m
Offices have radiators
Car Parking
Viewing - By arrangement with the agents.
Identity Check / Aml - The Money Laundering Regulations require us to conduct checks upon all Prospective Parties. Prospective Parties will need to provide proof of identity and residence. For a Company any person owning more than 25% must provide the same.
Agent Details - For further details please contact:
Mark Duffield
mark.
Brochures
Charles Street, Great YarmouthBrochureCharles Street, Great Yarmouth
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Great Yarmouth Station0.9 miles
- Berney Arms Station4.2 miles
- Haddiscoe Station6.6 miles
Notes
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Disclaimer - Property reference 34525057. 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 Aldreds, Great Yarmouth. 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.
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