Marketed by
Roche Chartered Surveyors
Norfolk
Norwich NR1 1DL, UK
New
1 of 15
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: 428668_sales
Marketed by
Roche Chartered Surveyors
Norfolk
Norwich NR1 1DL, UK
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