7 Rash's Green is a freehold industrial property, let to a single tenant on a FRI lease, comprising two principal detached buildings on a large regular-shaped level plot. The property is prominently located on Dereham's main industrial estate. Please see attached details for more information.
Dereham is a thriving market town benefiting from a strategic location in the centre of Norfolk on the A47 trunk road, approximately 19 miles west of Norwich and 28 miles east of King's Lynn. The town has traditionally been a strong centre for manufacturing, distribution and local services. It is the administrative centre of Breckland Council. Major employers on the Rash's Green estate include Thurlow Nunn, SCWS, Zip Heaters, Norfolk Fasteners, SERCO and Barconn.
please see attached details
The freehold interest is offered at £400,000, exclusive of VAT, which would provide a purchaser with an estimated net initial return of 7.67% after allowing for usual acquisition costs.
According to Valuation Office website, the property has a current assessment of £36,500.
( Agency Pilot Software Ref: 165480 )