Substantial purpose-built manufacturing facility constructed in the 1970s providing 303,190 sq ft.
Located in a well-established industrial area to the north west of Thetford, with direct access to Thetford Town Centre and the A11.
Freehold
The site is well configured and extends to 16.91 acres, providing a low site cover of approximately 33%.
Fully let to Easy Cleaning Solutions Limited with a lease expiry in June 2033 with a rent review June 2027.
We are instructed to seek offers in excess of £9,400,000 (Nine Million Four Hundered Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects a net initial yield of 10%, and a low capital value of £31.00 psf, after allowance for purchaser's coat of 6.69%. This equates to a land price of £556,000 per acre.
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