Commercial Property in Hethersett available for sale
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Commercial Properties for Sale near Hethersett, UK

Commercial Properties for Sale Within 5 miles of the Hethersett, UK

More details for 10 Bowthorpe Employment Area, Norwich - Retail for Sale

Namco Funscape - 10 Bowthorpe Employment Area

Norwich, NR5 9JB

  • Retail for Sale
  • £2,500,000
  • 34,314 sq ft
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More details for Blind Ln, Honingham - Land for Sale

The Food Enterprise Park - Blind Ln

Honingham, NR9 5FX

  • Land for Sale
  • 12.24 ac Plot

Honingham Land for Sale - Easton, Norfolk

The Food Enterprise Park is a 100 acre development site within the DEFRA Greater Norwich Food Enterprise Zone, and stands as a centre of excellence, strategically designed to nurture an economic cluster of dynamic food, drink and agritech businesses. The FEP's Local Development Order status provides full planning permission for qualifying uses, enabling swift establishment and expansion of businesses on the site. Situated to the west of Norwich at Honingham, near Easton, the FEP immediately adjoins the A47, one of the main transport routes in the region linking Norwich to King's Lynn and Peterborough to the west, and provides easy access to London and Cambridge via the recently dualled A11 and M11. The historic city of Norwich has an urban population of 213,000 (2011 Census) and offers an outstanding quality of life, with the stunning coastline, historic towns and Norfolk Broads all within easy reach. The Government is implementing a £200m programme of improvements to the A47, including the dualling of the single carriageway section between North Tuddenham and Easton. The upgrade works are currently under construction and will create direct access to the site with a new roundabout. Journey times to and from the site will be significantly improved. Plot ABC extends to 12.24 acres and can be taken as a whole or on a split basis from c. 2 acres. PHASE 1 All infrastructure is in place to support food related businesses, including a road network, surface, foul and mains water systems, high speed broadband and 30MW electricity to power the site. Phase 1 offers 46 acres of commercial development land in plots to accommodate units of 5,000 sq ft to 250,000 sq ft, on freehold or leasehold terms, with planning and all infrastructure in place, building works can start immediately. PHASE 2 50 acres which benefit from Local Development Order status and upon completion of the site infrastructure works, will offer serviced and consented development plots from c.1 acre upwards with access to generous amounts of power. Streamlined Planning Food Enterprise Zones (FEZ) are a government initiative introduced by the Department for Food, Environment and Rural Affairs (DEFRA). The Greater Norwich FEZ was designated in 2015, and a Local Development Order (LDO) put in place by Broadland District Council in 2017 in respect of Phase 1, and by South Norfolk District Council in 2025 in respect of Phase 2. Occupiers who have already located to the FEP include: CONDIMENTUM LIMITED 3 acre site retaining the iconic Colman's name in Norwich, with a state-of-the-art mint & mustard mill. BROADLAND FOOD INNOVATION CENTRE 3 acre site providing a development of 13 food grade production units totalling 38,000 sq ft with innovation support. FISCHER FARMS LIMITED 5 acre site revolutionising the future of farming with a large scale vertical farming / hydroponics facility. ORIGINAL HOLDING COMPANY 9 acre plot purchase for a new large scale wine processing facility. The Food Enterprise Park benefits from 30 MW of grid power and a further 30 MW of renewable solar is planned.

Contact:

Brown & Co

Property Subtype:

Industrial

Date on Market:

13/03/2024

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FAQs about Commercial Properties For Sale in Hethersett

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How many Commercial Property listings are available for sale in Hethersett?
There are currently 0 Commercial Properties available for sale near Hethersett. These Hethersett Commercial Property listings have an average size of. The largest available listing in Hethersett is. The thriving commercial centre and excellent transport links in Hethersett make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Hethersett?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Hethersett currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Hethersett?
There is a diverse range of commercial properties available in Hethersett to suit various business needs. Hethersett offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 Hethersett commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Hethersett, UK

Market Overview for Commercial Properties in Hethersett

Key information for Commercial Properties investors in Hethersett and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Watton £195 509 sq ft
Norwich £134 71,631 sq ft
Attleborough £204 2,052 sq ft
Old Buckenham £61 27,662 sq ft
Southrepps £148 3,884 sq ft

Rental Price Trends in Hethersett

The price per square foot range for Commercial Properties in Hethersett and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Watton £58 £195 £331
Norwich £30 £134 £309
Attleborough £122 £204 £287
Old Buckenham £61 £61 £61
Southrepps £148 £148 £148

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Hethersett area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Watton 393 sq ft 509 sq ft 625 sq ft
Norwich 743 sq ft 71,631 sq ft 2,086,500 sq ft
Attleborough 757 sq ft 2,052 sq ft 3,346 sq ft
Old Buckenham 27,662 sq ft 27,662 sq ft 27,662 sq ft
Southrepps 3,884 sq ft 3,884 sq ft 3,884 sq ft

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