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Guide Price£425,000

44 Vulcan Road South, Norwich, Norfolk NR6 6AF

Key Features

  • 5000 sq ft warehouse/light industrial unit
  • Let to established tenant passing rent £36,000 pa
  • Located on a busy industrial estate North of Norwich
  • Guide price: £425,000 - £450,000 + VAT
  • For sale by livestream auction
  • Unless previously sold or withdrawn prior
  • 10:00am, Wednesday 25th March 2026

Description

FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 25th MARCH 2026

TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE

A double bay, concrete framed warehouse currently trading as Crew Fitness producing a passing rent of £36,000 rising to £44,000 per annum in December 2027

The property comprises a detached, double bay, concrete framed warehouse currently trading as Crew Fitness. The building is of predominantly brick construction, with a plastic coated clad frontage incorporating double glazed windows, a personnel entrance and a roller shutter loading door. A pitched roof covers the building and onsite parking is provided to the front, the building has a total floor area approaching 5,000 sq ft.

Internally, the accommodation is fitted out as a gym and includes male and female WC facilities together with a first floor office.

The lease is a full repairing and insuring (FRI) lease. The passing rent is £36.000 per annum rising to £44,000 per annum from the 2nd December 2027.

Accommodation Warehouse 4129 sq ft (384 sq m)
1st floor 844 sq ft (78 sq m)
Total 4,973 sq ft (462 sq m)
Planning The property is currently used as a gym, but could be provide for a number of alternative uses in E class, along with B2 and B8 uses.
Lease details The premises are currently let to Exhale Fitness Ltd, for 10 years, expiring 1st
December 2032. There are tenant only breaks on 2nd December 2027 and 2030.
Business Rates Current: 4 August 2023 to present £20,250
Future: from 1 April 2026 £22,250
VAT VAT is applicable to this lot.

Tenure: Freehold

EPC Rating: D

Administration Fee: £1200 inc VAT payable on exchange of contracts.

Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Property details

Tenure
Freehold
Council Tax Band
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Date Posted
2026-02-24

Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Property Features

Accessibility
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Parking
Parking Available
Garden
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The Barn Newmarket Road Cringleford Norwich NR4 6UE

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