The property comprises a detached modern warehouse unit, with ancillary offices, on a plot of approximately 0.82 acres (0.33 ha). It has the following specification and features:
Burnet Road is located on the Sweetbriar Industrial Estate to the northwest of Norwich city centre, immediately adjacent to the outer ring road. Sweetbriar is one of Norwich's most established modern industrial estates, with good access to the A47 via Dereham Road and to all locations in the Norwich area. Occupiers in close proximity include Amazon, Wickes, Leyland Paints, Drayton Windows, Rexel, Volvo Trucks, Haas and a wide range of trade, distribution and industrial occupiers.
The property currently has an Energy Performance Asset Rating of C (62). A full copy of the certificate is available upon request.
Warehouse 8,708 sq ft (809.02 sq m)
Offices 3,173 sq ft (294.81 sq m)
Mezzanine 2,620 sq ft (243.40 sq m)
Total: 14,501 sq ft (1347.18 sq m)
The property is offered by way of a sale of the long leasehold interest which has an unexpired term of 83 years, until January 2107 at a current ground rent of £11,750 pa subject to 5 yearly reviews to 13.5% of Open Market Rent. The long leasehold interested is offered at a guide price of £975,000 exclusive of VAT.
The Valuation Office Agency website indicates that as from April 2023 the Rateable Value is £67,500. This is not the annual rates payable. The rates payable will depend on the occupier's circumstances and can be obtained from www.gov.uk/correct-your-business-rates which includes a rates payable calculator.
Each party is to be responsible for their own legal costs incurred in the transaction.
In accordance with the latest Anti Money Laundering Legislation, the purchaser will be required to provide proof of identity and address to the selling agents prior to solicitors being instructed.
News — August 2024
We are excited to share several significant promotions and leadership changes, reflecting the ongoing growth and evolution of our team.
News — July 2024
Roche’s Project and Building Consultancy team undertook a full RICS compliant due diligence survey of the property, teaming up with external Mechanical and Electrical engineers to provide a report.
News — July 2024
It was wonderful to host guests for our 28th annual Pimms & Petanque championships at the stunning Hoveton Hall estate.
News — May 2024
Roche Chartered Surveyors has completed the letting of a new build 16,440 sq ft industrial unit on Plot 4 at Snetterton Business Park to M&A Coachworks.
News — May 2024
Roche has been instructed to seek offers for £3.95 million for a prime freehold city centre property.
News — May 2024
Roche was engaged to carry out a comprehensive Building Survey to evaluate the condition of a Grade I Listed former yarn mill.
News — March 2024
Roche has secured a new occupier at Broadland Business Park in Norwich.
News — March 2024
On behalf of TCNUK, Roche Retail is delighted to announce the letting of 8 St Benedicts Street, Norwich, to Rural Hair & Co.
News — February 2024
Roche has completed the sale of large former factory premises in North Walsham.
News — February 2024
Roche Retail, acting jointly with BWD, has completed the sale of 69 London Street, Norwich, on behalf of The Co-operative Bank.
We are excited to share several significant promotions and leadership changes, reflecting the ongoing growth and evolution of our team.
Graham Jones and David Hall, who have both made invaluable contributions as Salaried Partners, have been promoted to Equity Partners. Their elevation to this new role is a testament to their dedication and the pivotal roles they have played in our firm’s success.
In our Agency and Project and Building Consultancy teams, Ben Common and Sam Freakley have been promoted to Senior Surveyors. Ben’s work in the Agency team and Sam’s contributions to the Project and Building Consultancy team have been exceptional, and we are proud to see them step into these senior roles. Additionally, Hiedi Collis has been promoted to the position of Agency Surveyor, further strengthening our Agency team.
We also want to recognise the contributions of James Allen, our longest-serving Partner and former Senior Partner. After many years of outstanding service, James has chosen to step down from his Partner role to take on the position of consultant. James will continue to serve his existing clients and oversee ongoing projects, ensuring continuity and maintaining the high standard of service that Roche is known for.
Our Managing Partner, Sam Kingston, says: “These promotions highlight the depth of talent within Roche and our commitment to recognising and rewarding the hard work and achievements of our team members. I am delighted to welcome Graham and David as Equity Partners and congratulate Sam, Ben, and Hiedi on their well-deserved promotions. We also extend our heartfelt thanks to James for his remarkable contributions and look forward to his continued involvement as a Consultant.”
Roche have provided building consultancy advice at the property over a number years, including overseeing a number of major refurbishment projects, renewal of major mechanical and electrical services and planned maintenance. Due to this relationship, Roche have unique insight and knowledge of the property.
The owners of the property have taken the decision to sell the freehold of the property and wanted to provide a comprehensive seller’s pack to any interested parties. David Hall MRICS, the partner heading Roche’s Project and Building Consultancy team undertook a full RICS compliant due diligence survey of the property, teaming up with external Mechanical and Electrical engineers to provide a report.
The client now has a fully detailed set of information to provide to any interested parties and give them a realistic view of the property, the issues it faces and the works required in the future to keep the property in good condition and compliant with all legislation and regulations.
David Hall said, ‘The property is large and complex with many challenges, our background knowledge of the property meant we were uniquely positioned to provide an in depth report providing a rounded picture of the condition and challenges the building faces. The speed of response from Roche and the team of consultants was important to meet the client’s tight time frames’.
It was wonderful to host guests for our 28th annual Pimms & Petanque championships at the stunning Hoveton Hall estate.
Despite a rainy June, we were fortunate with the weather and even enjoyed rare sunshine as our guests came together for some very competitive play across two weeks.
In week one despite the occasional bout of drizzle we managed to get through all the group games and then the finals, with Ben Common’s team the ‘Marseille Musketeers’ (Norwich City Council, Peter Colby and Alan Boswell) emerging the victors to claim the prestigious Roche Shield with a dominant performance against Sam Kingston’s team the ‘Paris Pitchers’ (Price Bailey).
Special mention to the ‘Calais Chuckers’ (Leathes Prior Solicitors) for going the extra kilometre to claim the French Dressing for the best dressed team
In week two the group games were very competitive with the standings going down to points difference. In the finals, the champagne and much coveted Roche Cup went to the Birketts LLP team the ‘Lyon Lobbers’, captained by David Hall beating Adrian Fennell’s team the ‘Rouen Rollers’ (comprising FOUR Agency and Real Consulting).
Congratulations also go to the ‘Calais Chuckers’ (Mills & Reeve) for the extra special effort made with their French themed attire resulting in them claiming the French Dressing for the best dressed team.
Thank you to everyone for making it such a wonderful event, we are already looking forward to the 2025 championships.
Roche Chartered Surveyors has completed the letting of a new build 16,440 sq ft industrial unit on Plot 4 at Snetterton Business Park to M&A Coachworks, a supercar manufacturer-approved vehicle repair specialist. Acting on behalf of the Landlord, Roche were able to negotiate a new long term lease for the property in conjunction with Dangerfield Property who represented the Tenant.
Ben Common, Surveyor at Roche said “This represents an excellent outcome for our client and enables M&A Coachworks to expand their operations into East Anglia within this high specification new build unit. The business park has seen a significant amount of development and expansion over the last few years and has become an established centre for distribution and employment”.
Roche has been instructed to seek offers for £3.95 million for a prime freehold city centre property.
Situated at 48/72 St Stephens Street, the subject property is on a highly prominent gateway location and sits on a key junction with the inner ring road.
The area is surrounded by student accommodation and in close proximity to some of Norwich’s most desirable housing.
St Stephens Street is Norwich’s high street and appeals to numerous retailers as well as benefiting from being the city’s primary bus route.
The property is within close proximity to Chantry Place shopping centre, two multi-storey car parks (NCP, St Stephens Street (264 spaces) and Chantry Place (1000 spaces)), Norwich bus station and large retailers such as Marks & Spencer, Superdrug, WHSmith and Iceland.
Formerly the Co-Op Department Store, the property spans 112,618sq ft (10,463 sq m) which has been divided into two retail stores – the former Poundland store and Wilkinsons.
Adrian Fennell, partner at Roche, comments: “This property provides significant potential and is situated in a prime location. Norwich is an affluent city, and this presents the perfect redevelopment opportunity for interested parties to capitalise on.”
Roche was engaged to carry out a comprehensive Building Survey to evaluate the condition of a Grade I Listed former yarn mill including the building fabric and any legal or regulatory issues facing the property.
Upon receiving instructions, the property was surveyed within two weeks and the findings were reported on within four weeks.
Located on Whitefriars in Norwich, the historical building was originally constructed as a yarn mill. Over its lifetime, it has been used for a variety of purposes and currently provides office accommodation over ground and five upper floors offering circa 28,000 sq. ft. of office and conferencing space.
A detailed survey report was provided to ensure the client is fully aware of the condition of the property and the challenges facing it over the coming years. All recommendations were accompanied by cost estimates, giving the client an extensive overview of the condition of the property, any works required to rectify issues and plan for the future being fully informed.
David Hall, Partner overseeing building surveying, commented: “It was fantastic to be involved in such a historically significant property and to be able to advise the client on the best strategies for its future preservation.”
David Hall, Partner at Roche
Roche has secured a new occupier at Broadland Business Park in Norwich.
Veincentre, whose Norwich clinic is currently in Surrey Street, are to take a 1,200 sq ft lease in the prestigious Lakeside 500 office building, with the new facility on target to open in May. The company is the UK’s largest vein treatment provider and treats varicose veins, thread veins, leg ulcers and thread veins on the face at 33 clinics around the country.
Roche is sole agent for Broadland Business Park, which offers both Grade A offices and prime development land for industrial and logistics uses. Veincentre’s tenancy is hot on the heels of four recent lettings on the Park to NatWest Bank, Barratt David Wilson Homes, Mott MacDonald and Optima Health and Optima Health.
“It is very heartening to be able to report exceptional interest in Broadland Business Park over recent months, with Veincentre being the latest new occupier to make the move to Broadland. Interest in the offices as well the industrial and logistics plots has been growing and remains strong across the whole of the Park.”
James Allen, Partner at Roche
On behalf of TCNUK, Roche Retail is delighted to announce the letting of 8 St Benedicts Street, Norwich, to Rural Hair & Co. Situated in the heart of the Norwich Lanes district, the property occupies a prime position amongst a number of well-established retailers and restaurants.
“This is an exciting new addition to St Benedicts Street which remains a vibrant and popular part of the city. I wish Rural Hair & Co all the very best with this new venture and expansion into the city.”
Ben Common, Surveyor at Roche
Roche has completed the sale of large former factory premises in North Walsham.
Robertson House is located in a prominent position at the entrance to the town’s principle industrial estate. The 3.71 acre site is currently occupied by 41,592 sq ft of buildings comprising workshop and warehouse accommodation with a two-storey office, forecourt parking and a rear yard. Also at the rear is large area of undeveloped land.
The new owners are planning convert and develop the site to create a number of smaller units as a new industrial business park.
“We are delighted to complete this sale. Large freehold sites such as this are rare and highly sought-after, and the location of Robertson House at the entrance to North Walsham’s main industrial area also made it a very attractive and cost-effective proposition for both developers and potential occupiers.”
Graham Jones, Partner at Roche
Roche Retail, acting jointly with BWD, has completed the sale of 69 London Street, Norwich, on behalf of The Co-operative Bank.
“After significant levels of interest in the premises, it was an excellent result to have agreed a sale significantly in excess of the asking price of £335,000 on behalf of our client. The sale demonstrates that city centre high street property remains very much in demand, and I look forward to seeing what is next in store for this historic building.”
Ben Common, Surveyor at Roche
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