Commercial Property in Honingham available for sale
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Commercial Property for Sale near Honingham, UK

Find commerical property for sale in Honingham that meets your business or investment goals

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

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

More details for 32 Norwich St, Dereham - Retail for Sale

32 Norwich St

Dereham, NR19 1BX

  • Retail for Sale
  • £90,000
  • 1,799 sq ft
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More details for High Street, Dereham - Retail for Sale

High Street

Dereham, NR19 1DR

  • Retail for Sale
  • £154,000
  • 700 sq ft
  • Smoke Detector

Dereham Retail for Sale

Investment Consideration: Gross Initial Yield: 7.09% Rental Income: £10,925 p.a. VAT is applicable to this property Comprises ground floor shop and 2 flats above which have been sold-off on long leaseholds Commercial unit let until 2032 to a Charity shop with 11 locations. Tenant in occupation since 2010. Occupiers nearby including Argos, Greggs, HSBC, Vodafone, Café`s, Restaurant`s and many more. Property Description: Comprises ground floor shop and 2 self-contained flats above (both sold-off), providing the following accommodation and dimensions: Ground Floor Shop: 65 sq m (700 sq ft) Open plan retail, storage, kitchen, wc First/Second Floor Flat 10A: Sold off First/Second Floor Flat 10B: Sold off Tenancy: The retail shop is at present let to The Big C Appeal Limited for a term of 10 years from May 2023 at a current rent of £10,750 p.a. and the lease contains full repairing and insuring covenants. Rent review in May 2026 and May 2029. Tenant in occupation since 2010. Flat 10A has been sold-off on long leasehold for a term of 166 Years from 24th June 1984 at a ground rent of £25. Reversion 2150. Flat 10B has been sold-off on long leasehold for a term of 125 Years from 21st March 2017 at a ground rent of £150. Reversion 2142. Location: The market town of Dereham, is located on the A47 some 16 miles west of Norwich and 26 miles east of King’s Lynn. The town lays to the north of the A47 the main road linking Birmingham to Lowestoft. The property is situated in the heart of the town centre with occupiers nearby including Argos, Greggs, HSBC, Vodafone and many more.

Contact:

Blue Alpine Partners Ltd

Date on Market:

02/01/2025

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FAQs About Commercial Property For Sale in Honingham

See All Properties For Sale
How many commercial properties are currently available for sale in Honingham?
There are currently 1 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 Honingham?
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 Honingham, UK

Market Overview for Commercial Properties in Honingham

Key information for Commercial Properties investors in Honingham 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
Dereham £98 2,865 sq ft
Watton £345 393 sq ft
Swaffham £197 1,911 sq ft
Norwich £156 110,318 sq ft

Rental Price Trends in Honingham

The price per square foot range for Commercial Properties in Honingham 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
Dereham £38 £98 £166
Watton £345 £345 £345
Swaffham £197 £197 £197
Norwich £95 £156 £254

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Dereham 700 sq ft 2,865 sq ft 5,800 sq ft
Wymondham 2,736 sq ft 2,736 sq ft 2,736 sq ft
Watton 393 sq ft 393 sq ft 393 sq ft
Swaffham 1,911 sq ft 1,911 sq ft 1,911 sq ft
Norwich 743 sq ft 110,318 sq ft 2,086,500 sq ft

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