£3,250,000
(£100.74/sq. ft)
Industrial for salePinewood Farm, Shortthorn Road, Stratton Strawless, Norwich, Norfolk NR10
32,260 sq. ft
About this property
Highly reversionary.
The freehold site extents over 2.95 acres with 3 blocks of steel portal frame, a brick built semi detached single storey office building, industrial grade paving for heavy duty vehicle circulation and a newly installed driveway.
The property is strategically located northwest of Norwich City centre and Norwich Airport.
There is a total of 4 modern warehouses, all benefitting from 3-phase phase power supply.
The property is currently let to Greg Rowe Limited on a 10-year Full Repairing and Insuring lease effective from 18th March 2025 with an annual rent of £186,300, equating to a modest £5.75 per sq ft.
Rent review 18th March 2030.
25% site coverage.
The warehouses benefit from electronic controlled roller shutter doors spanning approximately 5.730 metres in width, with eaves heights of 5.7m and apex heights of 8.1m. Rooflights provide natural illumination, complemented by LED strip lights for artificial lighting.
The office building accommodates three open plan office rooms, a meeting room, a kitchen with internal storage, a staff lounge, a tap testing kitchen/lab, and three toilet facilities with a lobby used as a cloakroom.
Externally, the property provides a large car park, an industrial grade driveway, and significantly paved circulation areas for heavy duty vehicles.
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£16,258 per month
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