Marketed by
Roche Chartered Surveyors
Norfolk
Norwich NR1 1DL, UK
New
1 of 15
POA
Eurocentre, North River Road, Great Yarmouth, NR30 1TE
92605 sq. ft (8603.29 m²)
Key features
- Vanguard House extends to 8,200 sq ft, on a site area of 1 acre
- Reversionary rental income
- Holding company to be sold, with low stamp duty
- Offers are sought at £3 million which provides a net initial yield of 9.3%, with an allowance of 2.5% for purchaser's costs
Description
Eurocentre
This property is principally of modern steel portal frame with concrete asbestos roof and cladding, and is split to provide 14 separate units of varying sizes and configurations (presently occupied by 13 separate tenants). The property is utilised for warehousing, office, vehicle repairs and maintenance, fabrication and engineering, and a specialist school. The site benefits from 360-degree circulation, along with a number of separate yards, communal parking and forecourt parking to the relevant units. The landlord has undertaken active repair and maintenance of the premises. All leases are subject to a service charge, which covers management and common part repairs.
Vanguard House
This property is of steel portal frame construction with plastic coated profile sheeting to the roof, with a combination of brick and plastic-coated sheeting to the elevation. The property is utilised for office and warehouse purposes and benefits from a substantial concrete yard. There is a low site coverage of approximately 13%.
This property is principally of modern steel portal frame with concrete asbestos roof and cladding, and is split to provide 14 separate units of varying sizes and configurations (presently occupied by 13 separate tenants). The property is utilised for warehousing, office, vehicle repairs and maintenance, fabrication and engineering, and a specialist school. The site benefits from 360-degree circulation, along with a number of separate yards, communal parking and forecourt parking to the relevant units. The landlord has undertaken active repair and maintenance of the premises. All leases are subject to a service charge, which covers management and common part repairs.
Vanguard House
This property is of steel portal frame construction with plastic coated profile sheeting to the roof, with a combination of brick and plastic-coated sheeting to the elevation. The property is utilised for office and warehouse purposes and benefits from a substantial concrete yard. There is a low site coverage of approximately 13%.
Reference: 428650_sales
Marketed by
Roche Chartered Surveyors
Norfolk
Norwich NR1 1DL, UK
Similar properties in the area
Available
- Photos available 15
POA
Investment for sale
Vanguard House, Vanguard Road, Great Yarmouth, NR31 0NT
For Sale (by way of a company sale) Reversionary Active Management Investment Opportunity, comprising two properties
Marketed by
Roche Chartered Surveyors Norfolk
Available
- Photos available 10
£5,400,000
Investment for sale
Tilia Business Park, Horning Road, Hoveton, Norwich, NR12 8FN
98310 sq. ft (9133.31 m²)
Reversionary Active Management Investment Opportunity with Long Term Redevelopment Potential, Norwich
Marketed by
Roche Chartered Surveyors Norfolk
Available
- Photos available 10
£675,000
Investment for sale
32-38 Surrey Street 47-51 All Saints Green 1-3 Saints Court, Norwich, NR1 3NY
7910 sq. ft (734.86 m²)
City Centre - Established office / mixed use investment for sale - 11.47% net initial yield.
Marketed by
Roche Chartered Surveyors Norfolk
Available
- Photos available 11
£550,000
Investment for sale
Mason House, 10 Mason Road, Norwich, NR6 6RR
4162 sq. ft (386.66 m²)
Part-Let Office Investment & Adjacent Land - For Sale
Marketed by
Roche Chartered Surveyors Norfolk