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59 Hurricane Way, Norwich, NR6 6JB

For sale: £1,100,000.00|1854 Sq Ft|Other, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£1,100,000.00
SIZE1854 Sq Ft
ADDRESS59 Hurricane Way, Norwich, NR6 6JB
TYPEOther, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON13th December 2019

DESCRIPTION

Description

The property will be subject to a new lease to Anglian Windows for 15 years. The premises is of traditional portal frame construction , held on a long lease and has recently been upgraded to provide a call centre and office. The rent is £105,000 and the net initial yield , allowing for ground rent and sinking fund is 7.3%.

Location

The property is located on Hurricane Way which forms part of the northern Industrial Estates within Norwich. Hurricane Way is accessed off Fifers Lane and is in close proximity to the recently Northern Distributor Road (Broadland Northway). Occupiers in the vicinity include KLM Engineering, Anglian Windows and UPS.

Accommodation

please see attached PDF



Bullets Points 1

Sale and lease back from Anglian Windows


Bullets Points 2

Popular industrial estate



Bullets Points 3

Modern attractive warehouse



Bullets Points 4

New 15 year lease with Terms of Business at year 10

( Agency Pilot Software Ref: 165369 )

LOCATION

Location: 59 Hurricane Way, Norwich, NR6 6JB

Norwich (3.2 miles)

Salhouse (4.1 miles)

Hoveton & Wroxham (5.7 miles)

AGENT'S DETAILS

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