About this property

Detailed Description

The property which was built in 1989 and extended in 1991, comprises a detached industrial and warehouse facility occupying a self-contained fenced and gated site.

The property is of steel portal frame construction with 2 storey fitted offices, WC, canteen and amenity facilities. In addition to the above, is a further, more basic lean-to, together with 2 open fronted lean-to canopied storage areas.

Internally the main works area has a minimum headroom of approximately 4.2m, rising to approximately 7.4m at the roof apex. Full height electrically operated roller shutter doors provide access to both the front warehouse bay and middle works bay, and a further electrically roller shutter door gives access to the side lean-to stores area.

Externally the operational yard is concrete surfaced, fenced and gated.

Please note some of the images shown were taken before the property was vacated and for indicative purposes only.

Location

The market town of Watton is situated approximately 25 miles west of Norwich and 14.5 miles northeast of Thetford, and has a population of 11,543 (2021 census).

The subject premises are situated on the established Threxton Road Industrial Estate, approximately 1 mile to the west of the town centre.

The property is situated towards the end of Threxton Road, the main spine road of the estate.

Cranswick Country Foods, Exheat and Genpart are in close proximity.

Accomodation

Measured on a gross internal area basis in accordance with the RICS Code of Measure and Practice, we calculate the floor areas as follows:

Description sq ft sq m
Rear Works Area 4,238 393.70
Middle works area 4,788 444.82
Front warehouse 5,547 515.33
Lean-to side store 1,866 173.35
Two-storey offices 2,230 207.16
Sub-Total 18,669 1,734.36

Front open fronted store area 1,253 116.40
Rear open fronted store 319 29.59
Sub-Total 1,572 145.99

Total GIA 20,241 1,880.35

Operational site 0.76 acres 0.31 hectares

Agents Notes:
An area of grassed land, extending to circa 0.26 acres, which adjoins the property may be available to purchase in addition and may enable expansion, subject to planning. Further details upon request.

Business Rates

Business rates will be the responsibility of the occupier. The premises have the following assessment:-

Description Factory and Premises
Local Authority Breckland
Rateable Value £67,000
Rates payable for 2023/4 £34,304

Services

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. Mains water, drainage and 3 phase electricity are connected.

Viewing

Strictly by appointment with the sole selling/letting agent.

VAT

VAT will not be charged in addition to the purchase price/rent.

Legal Costs

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

Other

The property has a valid EPC and the assessment is D85.

Terms

£895,000 for the freehold and/or to let at £75,000 per annum exclusive.