11-12, Douglas Bader Close, North Walsham, Norfolk, NR28 0TZ

Parking for 5 cars with additional loading space

Generous rent free period available

Well located within an established industrial estate

Minimum eaves height of 3.35m

INDUSTRIAL UNIT WITH TRADE COUNTER

Detailed Description

The property comprises two industrial units at the end of a terrace which have been knocked through to create one space. The property is of steel frame construction with a concrete floor, brick and block elevations and an insulated metal sheet roof.

Internally, the property largely open plan and is mostly used for storage, with a small trade counter accessed via a personnel door to the front of Unit 12. There are WC facilities in both units together with a small kitchenette in Unit 11.

The property has a minimum eaves height of 3.35 m, rising to 4.42 m at the apex.

Externally, there is space to park 5 cars with additional space for loading.


Location

The property is located 10 miles north of Norwich and approximately 7.5 miles south of Cromer.

The premises are situated on Douglas Bader Close, just off Folgate Road within the town's main industrial area.

Other occupiers on the estate include Weener Plastics, Chell Instruments Ltd and SDS Autocentre.


The premises is available either by way of an assignment on a ten year lease commencing 25th December 2021 at a rent of £15,000 per annum or for sale with vacant possession for £265,000 for the freehold.

There are no opportunities within the term for the tenant to determine the lease, and there is a rent review on the 25th December 2026 on an upwards only basis to Market Rent. The property is let on a full repairing and insuring basis, limited by a Schedule of Condition. The permitted use is B1/B8 and the tenant has security of tenure.