Units 5 and 7 at Cornish Way, North Walsham

front picture of industrial units 5 and 7

Location

Cornish Way is located in a predominantly industrial area within North Walsham, close to local transport links and the town centre.

Description

The premises are a single-storey brick-built industrial unit, which was formerly two separate units within a terrace. However, now both units have been combined to make one single unit. The property comprises a concrete floor and manual roller shutter with WC’s and office areas within the unit. Mains water and electricity are connected to the premises. We have not verified this, and tenants must rely on their own investigations.

Property services

A service charge is payable in addition to the rent payment. This charge varies depending on the unit and services provided but usually covers maintenance costs of communal areas and security.

Planning

B2 (General Industrial) and B8 (Storage and Distribution) uses of the Town and Country Planning Act (Use Classes) Order 1987. As amended 1 September 2020.  

Proposed Terms
Lease term: Up to 6 years
Break clause: tbc
Rent review: At 3 years to market value or RPI
Internal repair: Tenant's responsibility
External repair: Landlord's responsibility
Unit no: 5 and 7
Area ((sq feet): 1,830
Rent per annum: £10,000
Estimated service charge: tbc
Rateable value: £7,000. The tenant must rely on their own enquiries from the business rates department for rates payable 2021 to 2022.
Energy rating: tbc

If an offer is accepted, the property will be placed Under Offer and taken off the market. For the property to be formally Under Offer, the offeror will be required to pay an initial payment towards the Council’s legal and surveyors fees will be payable subject to an hourly rate. This should be paid within 14 working days of confirmation of the offer being accepted, and formal Heads of Terms have been issued. Until a property is formally Under Offer, the Council will continue to market the premises. The under offer fee will only be returned if the lease does not proceed due to reasons beyond the control of the prospective lessee.

Please note that the Council is not obliged to accept the highest offer of rent or any other offer it deems unacceptable.

Rent will be payable quarterly in advance by standing order unless otherwise agreed.

Energy performance certificates are available upon request.

With regards to business rates, please read the non-domestic rates payable on our Business Rates page.

Misrepresentation Act 1967 and Consumer Protection Regulations 2008

The particulars given below do not constitute any part of an offer or contract. They are intended only as a guide to prospective lessees to enable them to decide whether to make further enquiries with a view to taking up further negotiations, but they are otherwise not intended to be relied upon. All reasonable care has been taken to prepare these particulars, but their accuracy is not guaranteed. Any prospective lessee should make further enquiries and searches usually made. These particulars are provided on the express understanding that neither the Council, its officers or agents are to become under any liability or claim regarding their content.

How to arrange a viewing

You can arrange a viewing by contacting the Estates team.

Call us:

01263 516337

By email:

estates@north-norfolk.gov.uk

How to apply

The Lessees will be responsible for payment of their legal costs in connection with the preparation of the lease unless otherwise agreed. In addition, before a lease is granted, we will require the following:

  • government photo ID or driving licence
  • completion of the anti-money laundering form with the necessary supporting documentation
  • proof of home address such as personal bank statement or utility bill
  • satisfactory credit report from an accredited credit reference agency

Terms and conditions

A service charge is payable in addition to the rent payment. This charge varies depending on the industrial estate and services provided but usually covers maintenance costs of communal areas and security. Any change of Use Class is subject to Planning permission and Landlords consent. A conditional survey of the industrial unit will be undertaken before the unit is let and again upon return to Property Services. Industrial may be used for any purpose within B2 (General Industrial), and B8 (Storage and Distribution) uses of the Town and Country Planning Act (Use Classes) Order 1987. As amended 1 September 2020

 


Last updated: 29th October 2021