Burnt Street, Norfolk NR23 Land for sale

>

Burnt Street, Norfolk NR23 Land for sale

Burnt Street, Wells-next-the-Sea
£400,000

Our Summary

  • The prominent location of the property on the south western edge of the town, about 1/2 a mile from the Quay, provides considerable potential for redevelopment, subject to the existing lease and planning consents
  • Potential For Development (STPP)

Description

The property is a 1,700 sq. ft building situated on a 1/3 acre site with access from two roads, offering redevelopment potential subject to the existing lease and planning consents. Currently occupied by Blyth & Sons Ltd under a lease expiring in 2025, the property generates an annual rent of £11,712. The premises have mains connections for electricity, water, and drainage, and are assessed for Uniform Business Rates with a rateable value of £6,400. The property is located on the south western edge of town, about half a mile from the Quay, and is available for viewing by appointment through the sole agents, Spalding & Co.