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%.
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.
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