Guide price
£400,000
Land for saleBurnt Street, Wells-Next-The-Sea NR23
- Freehold
Spalding & Co
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About this property
1/3 Of An Acre Plot (stms)
Potential For Development (STPP)
Walking Distance To The Quay
Currently Let At £11,712 p.a.
Wheelchair accessible
A great investment opportunity and a plot of land with re-development potential (subject to the existing lease and planning permission). The property comprises a long established funeral directors premises (formerly a petrol filling station) and it sits on a plot measuring approx. 1/3 of an acre (stms).
Description: The existing building extends to approximately 1,700 sq. Ft (157.9 sq.m.) standing on a site of about 1/3 of an acre (stms), with vehicular access from both Burnt Street and Two Furlong Hill.
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.
The premises are currently let to Blyth & Sons Ltd (Trading as S. T. Sutton) under a lease expiring on 9th of September 2025, at a current rent of £11,712 per annum.
Services: The premises are connected to mains electricity, water and drainage.
District Council:
North Norfolk - 01263 516071.
Rateable Value: The premises are assessed for Uniform Business Rates, at a Rateable Value of £6,400.
Viewing: By appointment through the Sole Agents, Spalding & Co.,
Office Opening Hours: Monday - Friday: 9:00 a.m. - 5:00 p.m. And Saturday: 9:30 a.m. - 12:30 p.m.
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