For Sale By Auction | 11:00, 11 December 2024 | Lot 117

Riverside Works, Riverside Road, Gorleston, Great Yarmouth, Norfolk NR31 6PX

*Guide | £150,000 - £200,000 (plus fees)

  • Light Industrial
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 11/12/2024

Auction Time

11:00

Auction Venue

Livestream Auction

A vacant workshop and warehouse premises 5600 sq ft with potential to subdivide

This substantial former joinery workshop has been in the same ownership for over 50 years but is now vacant and ready for a new occupier to either redevelop the site or adapt for an alternative use, subject to planning. The building could be easily divided into two units as there are already two roller shutter doors. There is three phase electricity, mains water and drainage. There is an internal office, staff room and toilets with an area for parking for several vehicles in front of the premises. The site is conveniently situated to the West of Riverside Road adjoining other offices and commercial premises yet within a short distance of the town centre and sea front.

Tenure

Freehold

Accommodation

Workshop 1 2,668 sq.ft 247.9 sq.m Workshop 2 2665 sq.ft 246.7 sq.m Kitchen, office and toilets 240 sq.ft 22.4 sq.m Total 5563 Sq.ft 517 sq.m

Outside

Shared access leading to an area for parking.

Planning

Use E Commercial, Business and Service which includes the current light industrial use.

Business rates

Rateable Value £8,900. The current occupier pays £0 per annum and the new owner may also be eligible for a similar relief., further information from Great Yarmouth Borough Council.

VAT

We understand that VAT will not be applicable to this transaction.

Energy Efficiency Rating (EPC)

Current Rating Please refer to legal pack

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Great Yarmouth Borough Council

Solicitors

Norton Peskett (Great Yarmouth), Ref: Matthew Breeze, Tel: 01493 849225

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.