Storage Yard, Tharston Industrial Estate, Wellesley Road, Long Stratton, Norfolk

Location

The property is located on the Tharston Industrial Estate to the west of the centre of Long Stratton a town in Norfolk. Access to the site is from Wellesley Road and then over the private roadways of the Industrial Estate.

The property is located at What3Words: falls.secures.character

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Description

The property comprises a level and broadly rectangular storage yard finished with a formal concrete surface. The yard is accessed via a shared set of steel palisade gates. It is fenced and secured, however, its northern boundary seamlessly abuts land in third party ownership who also share the gated access.

Site Area

The total extent of the land comprised in the title for the property extends to circa 0.175 acres (0.071 ha). This equates to circa 847 sq yards / 7,623 sqft.

Planning

The site has been used as a storage compound for oil storage since 2004.

Vacant Possession

The property is being sold with Vacant Possession.

Services

For many years the site has been used in conjunction with Unit 23 Tharston Industrial Estate and has historically derived its services from that property. The buyer will be responsible for the provision of services to the property. It is known that mains services are available in the Estate.

Tenure

Freehold – held under Title NK314985.

The site benefits from an existing right of access over the estate road(s) from the Estate owner. A new right of access has been agreed on a Subject to Contract basis that will permit the buyer to take access over the estate road(s) subject to the annual payment of £2,000 for the first five years reducing to £1,000 per annum thereafter. Details of this agreement with the Estate Owner can be provided upon request. The owner of the Estate Road(s) will execute this new agreement with the buyer on the completion of the sale/purchase.

EPC

The property does not require an EPC as there is no built space.

Rates

The property will require re-assessment as it is has previously been assessed in conjunction with the adjacent Unit 23.

VAT

The vendor advises that the site is not registered for VAT.

Price

The property is offered at a guide price of £150,000 on a subject to contract basis.

Legal Costs

Each party will bear their own legal and professional costs incurred in this connection.

Viewing

The whole property can be viewed from the estate road(s). Access into the compound can be arranged on request.