20-28 Francis Way, Bowthorpe Employment Area, Norwich, NR5 9JA

£9.75 - £11 on application

Overview

Description

Location

Description

The properties comprise a terrace of industrial / warehouse units of concrete frame construction with brick and profile sheet cladding and a lined profile sheet roof. The units have the following specification and features:

Please not that the units are due to be comprehensively refurbished, with a project completion date during Summer 2025. Further details on application.

Location

The properties are located on Francis Way, which forms part of the popular Bowthorpe Park Industrial Estate. The estate is conveniently located adjacent to the A1074 which connects with the A47 trunk road and is some 3 miles west of Norwich city centre.

Occupiers of note within the Bowthorpe area include Castle Colour, Kettle Foods, Screwfix, Royal Mail and Sinclair International.

Accommodation Description

The properties currently provide industrial/warehouse accommodation with a total gross internal floor are of 40,121 sq ft (3,727.33 sqm). in addition there is a secure side yard area. The unit is capable of subdivision.

It is anticipated that units from c. 10,000 sq ft will be made available post refurbishment.

Terms

The property is available by way of a new effectively full repairing and insuring lease for a term to be agreed. The tenant is directly responsible for internal repairs and maintenance with external repairs and maintenance being covered by an annual maintenance charge payable to the landlord. Further details available on application.

VAT is payable on the rent and other property charges.

Rates

The Valuation Office Agency website indicates that as from April 2023 the Rateable Value is currently £262,500. This is not the annual rates payable, and may change once the refurbishment works have been completed.

The rates payable will depend on the occupier's circumstances and can be obtained from www.gov.uk/correct-your-business-rates which includes a rates payable calculator.