Commercial Property in Hethersett available for sale
4

Commercial Properties for Sale near Hethersett, UK

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

More details for 11 Unthank Rd, Norwich - Office for Sale

11 Unthank Rd

Norwich, NR2 2PA

  • Office for Sale
  • £1,250,000
  • 3,711 sq ft
See More
More details for 3-4 Market Pl, Wymondham - Retail for Sale

3-4 Market Pl

Wymondham, NR18 0AG

  • Retail for Sale
  • Price Upon Request
  • 2,736 sq ft
See More
More details for Blind Ln, Honingham - Land for Sale

The Food Enterprise Park - Blind Ln

Honingham, NR9 5FX

  • Land for Sale
  • Price Upon Request
  • 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

Hide
See More

FAQs About Commercial Property For Sale in Hethersett

See All Properties For Sale
How many commercial properties are currently available for sale in Hethersett?
There are currently 0 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in Hethersett?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

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 £341 393 sq ft
Norwich £152 106,491 sq ft
Long Stratton £15 7,623 sq ft
Marsham £21 25,109 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 £341 £341 £341
Norwich £88 £152 £251
Long Stratton £15 £15 £15
Marsham £20 £21 £28

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 393 sq ft 393 sq ft
Norwich 743 sq ft 106,491 sq ft 2,086,500 sq ft
Long Stratton 7,623 sq ft 7,623 sq ft 7,623 sq ft
Wymondham 2,736 sq ft 2,736 sq ft 2,736 sq ft
Marsham 15,457 sq ft 25,109 sq ft 27,039 sq ft

You searched for commercial property for sale in Hethersett. Explore 0 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

LoopNet - the worlds No. 1 commercial property marketplace.