Land For Sale £500,000
Summary
**development opportunity** Located to the North side of Yarmouth Road within 1.5 miles of the City Centre, Stanton House offers a unique investment/development opportunity in an ideal and desirable location.
Description
Situated only a short walk away from the various popular restaurants and public houses along the river Yare and walking distance from Norwich train station, this property offers an excellent opportunity in an ideal location for a range of potential uses (STP). The site currently contains a well maintained commercial building with car parking for approximately 16 vehicles. Stanton House itself contains office accommodation on floors 1 and 2 with the ground floor providing the main entrance and aforementioned parking.
Site Details
Whilst having possible future residential development potential (subject to the necessary planning consents) the property also presently benefits from a current sitting tenant with rental income of £38,750 per annum until April 2025.
Location
Alongside being within walking distance (1.2 miles) of Norwich train station with its direct links to London Liverpool Street, the property also benefits from its close proximity to the A47 bypass for those looking to travel/commute across the county and beyond.
First Floor
1,607 sqft (149sqm)
Second Floor
1,607 sqft (149sqm)
Lease Details
The property benefits from a long-standing tenant whose latest lease runs from April 2023 to April 2025 with an annual income of £38,750. The lease contains a landlord break-clause effective 18th April 2025 although a 6 month break-notice is required.
Development Potential
William H Brown’s Land and Planning Partner Graham Bloomfield has assessed the potential of the site and is available to discuss further via the below:
E: T: money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
**development opportunity** Located to the North side of Yarmouth Road within 1.5 miles of the City Centre, Stanton House offers a unique investment/development opportunity in an ideal and desirable location.
Description
Situated only a short walk away from the various popular restaurants and public houses along the river Yare and walking distance from Norwich train station, this property offers an excellent opportunity in an ideal location for a range of potential uses (STP). The site currently contains a well maintained commercial building with car parking for approximately 16 vehicles. Stanton House itself contains office accommodation on floors 1 and 2 with the ground floor providing the main entrance and aforementioned parking.
Site Details
Whilst having possible future residential development potential (subject to the necessary planning consents) the property also presently benefits from a current sitting tenant with rental income of £38,750 per annum until April 2025.
Location
Alongside being within walking distance (1.2 miles) of Norwich train station with its direct links to London Liverpool Street, the property also benefits from its close proximity to the A47 bypass for those looking to travel/commute across the county and beyond.
First Floor
1,607 sqft (149sqm)
Second Floor
1,607 sqft (149sqm)
Lease Details
The property benefits from a long-standing tenant whose latest lease runs from April 2023 to April 2025 with an annual income of £38,750. The lease contains a landlord break-clause effective 18th April 2025 although a 6 month break-notice is required.
Development Potential
William H Brown’s Land and Planning Partner Graham Bloomfield has assessed the potential of the site and is available to discuss further via the below:
E: T: money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
