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Burnt Street, Norfolk NR23 Land for sale
Burnt Street, Wells-next-the-Sea
£400,000
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 an existing building standing on a 1/3 acre site with vehicular access from two roads, offering redevelopment potential subject to existing lease and planning consents. Currently let to Blyth & Sons Ltd until September 2025, the premises generate an annual rent of £11,712. The building is connected to mains electricity, water, and drainage, and is assessed for Uniform Business Rates at a Rateable Value of £6,400. Viewings can be arranged through the sole agents, Spalding & Co., during their office hours.