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Garage Lane, Setch, Kings Lynn

5,076 sq ft, £225,000

For sale

Ideal Opportunity to Purchase Freehold Land and Building
• Detached Steel Portal Frame Building with storage to the rear
• Sales yard to the front
• Good Access to A10
• Garage Lane Frontage
Main Workshop 380.1 sq m (4,091 sq ft) / Rear Storage 91.6sq m (986sq ft)

LOCATION
The property is located on Garage Lane, an established mixed
industrial area. Nearby occupiers include ARM Truck Repairs, Carter Cabin Hire, Newmarket Plant Hire, Setchey MOT Centre, GM Concrete and Pocknell Engineering. Garage Lane has direct access to the A10 approximately 4 miles from the Hardwick Roundabout which give access to A47 Gt Yarmouth to Birmingham, A17 to the North and
A148/149 roads.

DESCRIPTION
The property compri…

Ideal Opportunity to Purchase Freehold Land and Building
• Detached Steel Portal Frame Building with storage to the rear
• Sales yard to the front
• Good Access to A10
• Garage Lane Frontage
Main Workshop 380.1 sq m (4,091 sq ft) / Rear Storage 91.6sq m (986sq ft)

LOCATION
The property is located on Garage Lane, an established mixed
industrial area. Nearby occupiers include ARM Truck Repairs, Carter Cabin Hire, Newmarket Plant Hire, Setchey MOT Centre, GM Concrete and Pocknell Engineering. Garage Lane has direct access to the A10 approximately 4 miles from the Hardwick Roundabout which give access to A47 Gt Yarmouth to Birmingham, A17 to the North and
A148/149 roads.

DESCRIPTION
The property comprises a steel portal frame workshop with twin electrically operated roller shutter door and inspection pit. The front workshop currently has two internal offices and a hard surfaced yard fronting Garage Lane.

The property has a three phase electrical supply.

NOTE: The unit is fitted with a new two post lift with 3½ tonnes gross max lift capacity. The lift could available by separate negotiation but is not included in the sale.

ACCOMMODATION
The property provides the following gross net internal area.

Main Workshop, including internal offices - 380.0 sq m (4,091 sq ft)
Rear Storage - 91.6 sq m (986 sq ft)
Total GIA - 471.6 sq m (5,076 sq ft)

SERVICES
Mains water and electricity are connected. Drainage is to a shared private system. We have not carried out tests on any of the services or appliances and interested parties should arrange their own test to ensure these are in working order.

TERMS
The Property is freehold and vacant possession will be given upon completion.

OUTGOINGS
Business rates will be the responsibility of the occupier. The premises have the following assessment:-
Workshop and premises
Rateable Value - £10,750
Rates payable for 2017/2018 - £5,009.50

Calculated using SBR Multiplier. It is recommended that purchasers contact the Borough Council of Kings Lynn &
West Norfolk as they may be liable for some form of transitional relief.

VAT
It is understood that VAT is not applicable.

LEGAL COSTS
Each party will be responsible for their own legal costs
incurred in documenting the sale.

OTHER
Covenant - Please note that the property under Title Number NK314510 currently holds a covenant stating:-
"The purchaser covenants with the Vendor and so as to bind the property into whosoever hands it may come and for the benefit and protection of the adjoining property of the Vendor (of number 1) that he will not use the property for the purpose of carrying on the trade or business of a Garage Proprietor or for the repair and maintenance of vehicles and heavy goods other than for the repair and maintenance of those over 4 tons unladen weight."

VIEWING
Strictly by appointment with the sole letting agent:-
Brown & Co
Market Chambers
25-26 Tuesday Market Place
Kings Lynn
PE30 1JJ
Tel: 01553 770771

Alison Richardson
01553 770771
alison.richardson@brown-co.com



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