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Total views:  621
Guide price
£425,000

Industrial unit for sale

44 Vulcan Road South, Norwich, Norfolk NR6 6AF
Auction
Industrial unit
Added > 14 days

Features and description

  • 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  • Unless previously sold or withdrawn prior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

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.

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Area statistics

Crime score
Low crime
2/10

About this agent

Auction House - East Anglia
Auction House - East Anglia
The Barn, Newmarket Road Cringleford Norwich, Norfolk NR4 6UE
01603 398879
Full profileProperty listings
The Auction House team have been holding auctions in East Anglia for over fifteen years. We originally operated under the Tops name, then as Tops Auction House. We have been the Eastern Region’s leading Land and Property auctioneers since 2002 and are highly respected in the area. Sale numbers have grown over the period to over 400 properties per year with success rates averaging out at well over 80% since 2004. Auction House East Anglia draws entries for its auction room in Norwich from a wide geographical area and is supported by a number of market and coastal town Introducer Agents who provide entries and assist with viewings. Auction House East Anglia operates from offices in Norwich (servicing Norfolk), King's Lynn (servicing NW Norfolk and parts of Cambridgeshire), Peterborough (servicing Cambridgeshire) and Ipswich (servicing Suffolk and North Essex) and sells a wide variety of property types covering the residential, land, commercial, investment and agricultural sectors. Many are vacant for improvement, others tenanted or for development. We are expert advisers and guide vendors as to the most appropriate method of sale which could be by Formal or Informal Tender, Invited Offer, Private Treaty or Auction. Auction House East Anglia was the model Licensee and provided the template for others to follow. It continues to be one of the most successful operators in the UK and is the ‘first choice’ regional auctioneer across the counties of Norfolk, Suffolk, Cambridgeshire and North Essex.
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