Industrial in New Costessey available for sale
3

Industrial Properties for Sale near the New Costessey, Norwich

The max can't be less than the min

Industrial Properties for Sale Within 5 miles of the New Costessey, Norwich

More details for Open Storage Investment – for Sale, Norwich

Open Storage Investment

  • Mixed Types for Sale
  • £5,800,000
  • 3 Properties | Mixed Types

Norwich Portfolio of properties for Sale - South Norfolk

The property is approximately 4.9 miles west of Norwich city centre, with direct access from the A47 southern bypass. This key arterial route connects to the A11, providing onward links to Cambridge, the M11 and London. Public transport services and ample on-site parking further enhance accessibility for both customers and employees. William Frost Way is located at the heart of Longwater, one of Norwich’s most established out-of-town retail and commercial destinations. The property is currently in use as mainly open storage facilities, but it is well-positioned for future development supported by a strong retail environment and strategic transport links, subject to obtaining the necessary planning consent. Longwater is anchored by major national retailers including Sainsbury’s, The Range, Next, M&S Foodhall, Boots, The Food Warehouse and the newly developed Aldi adjacent to William Frost Way, all of which contribute to consistently high footfall. Longwater Retail Park attracts an estimated 3.5 to 4 million customer visits annually, making it one of the busiest retail destinations in the region (Source: Norwich.gov). With its strong retail underpinning, high visibility and alignment with wider growth plans for the Longwater and Easton corridor, the property offers a compelling opportunity for long-term commercial or mixed-use development.

Contact:

Bidwells LLP

Property Subtype:

Mixed Types

Date on Market:

05/12/2025
Hide
See More
More details for Units 3-6 Caley Close – Industrial for Sale, Norwich

Units 3-6 Caley Close

  • Industrial for Sale
  • £5,050,000
  • 45,949 sq ft
  • 2 Industrial Properties

Norwich Portfolio of properties for Sale

The property at Units 3–6 Caley Close, Norwich is a freehold multi-let industrial investment offered at over £5,050,000, reflecting a net initial yield of 6.63%. It comprises four modern units totaling approximately 45,949 sq ft on a 3.07-acre site, fully let to three strong tenants with a WAULT of 9.91 years. The passing rent is £357,000 per annum, with reversionary potential to £400,978, and the site offers asset management opportunities including refurbishment, re-letting, and ESG upgrades.

Contact:

Bidwells LLP

Date on Market:

05/11/2025
Hide
See More
LoopNet UK Norfolk Norwich Industrial Properties For Sale in New Costessey, Norwich, UK

Learn More About Investing in Industrial Properties

More Articles
How Do You Value a Commercial Building?
How Do You Value a Commercial Building?
Key Assessment and Valuation Methods for Property Investment
What is Commercial Property Yield?
What is Commercial Property Yield?
Essential Knowledge for Maximising Your Commercial Property Returns
Understanding Net Initial Yield (NIY)
Understanding Net Initial Yield (NIY)
A Comprehensive Guide for UK Investors
Gross Yield in Commercial Property Analysis
Gross Yield in Commercial Property Analysis
Essential Knowledge for UK Property Investors and Owners
Equivalent Yield Explained: Evaluating Commercial Property Returns
Equivalent Yield Explained: Evaluating Commercial Property Returns
Essential Knowledge for UK Property Investors and Owners
Understanding Reversionary Yield in Commercial Property Investment
Understanding Reversionary Yield in Commercial Property Investment
Calculating Future Potential for UK Property Investors
What is Rental Yield in Commercial Property Investing?
What is Rental Yield in Commercial Property Investing?
Understanding Property Investment Returns and Income Assessment
Internal Rate of Return (IRR) Explained
Internal Rate of Return (IRR) Explained
Maximise Returns on Your UK Commercial Property Portfolio

FAQs about Investing in Industrial Properties in New Costessey

See All Industrial For Sale
How many Industrial Property listings are available for sale in New Costessey?
There are currently 0 Industrial Properties available for sale near New Costessey. These New Costessey Industrial Property listings have an average size of. The largest available listing in New Costessey is. The thriving commercial centre and excellent transport links in New Costessey make it an ideal location for businesses to find suitable Industrial Property for sale.
How much does it cost to buy Industrial Property in New Costessey?
The average price/SF for Industrial Property for sale in New Costessey is about. The cost per sq ft for Industrial Property in New Costessey ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Industrial Properties in New Costessey?
Several factors can impact the price of Industrial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot. While the average net initial yield for Industrial Properties is.
What is the largest Industrial Property available for sale in New Costessey?
Currently, the largest Industrial Property available to buy is and the smallest is. The average size of Industrial Property available for sale in New Costessey is approximately.
Why invest in industrial property in the UK?
Industrial property is a strong-performing asset class, offering stable rental yields, growing tenant demand, and relatively low vacancy rates. The rise of e-commerce and logistics has further increased demand for warehouses and distribution space.
What types of industrial properties are available to buy in New Costessey?
You’ll find a range of industrial assets including light industrial units, storage depots, warehouses, manufacturing sites, and logistics centres. Properties may be single-let, multi-let, or part of larger estates.
What should I consider before buying industrial property?
Key considerations include location, access to transport routes, tenant demand, condition of the building, lease status (vacant or tenanted), yield potential, and long-term capital growth. It's also essential to review planning use class and site constraints.
What is a good rental yield for industrial property?
Rental yields vary by region and risk profile. In 2025, typical net yields range from 5% to 7% in regional areas, and 3.5% to 5% in prime locations such as London or the South East. Yields depend on tenancy, lease length, and asset quality.
Do I need to pay VAT or Stamp Duty on industrial property purchases?
Yes. Commercial property purchases are usually subject to Stamp Duty Land Tax (SDLT). VAT may also apply if the seller has opted to tax the property. Always get tax advice before proceeding with a purchase.
Can I buy industrial property through a pension or company?
Yes. Many investors purchase through a limited company or a pension scheme such as a SIPP or SSAS. These structures can offer tax advantages but involve specific rules and administrative responsibilities.
Is it better to buy a vacant unit or one with a tenant in place?
It depends on your strategy. Tenanted properties provide immediate rental income and stability, while vacant units may offer opportunities to refurbish, reposition, or secure higher-value tenants — though they come with short-term risk.
What are the risks of buying industrial property?
Risks include tenant default, lease voids, unexpected maintenance costs, planning restrictions, and market fluctuations. Mitigating these requires good due diligence, professional advice, and strategic asset management.
How do I finance an industrial property purchase?
Commercial mortgages are available from banks and specialist lenders. Loan-to-value (LTV) ratios typically range from 60% to 75%, and terms depend on income from the asset, buyer profile, and lender requirements.
Where can I find industrial properties for sale in New Costessey?
You can search on LoopNet and shortlist interesting opportunities. Working with local agents who specialise in industrial sales can also help uncover off-market opportunities.

Discover More Industrial Properties for Sale in the New Costessey, Norwich

Industrial property remains one of the most robust and sought-after sectors within the UK commercial property market, with various options to invest in New Costessey. Fuelled by the continued rise of e-commerce, logistics, manufacturing, and life sciences, the demand for warehouse and industrial space has consistently outpaced supply—particularly in logistics corridors such as the Midlands, South East, and North West. For investors, the sector offers strong fundamentals, attractive yields, and long-term tenancies from dependable occupiers. Properties available for sale span from small light industrial units and workshops to large-scale logistics sheds and multi-let estates, offering a range of entry points and asset strategies.

When purchasing industrial property in New Costessey, investors should carefully assess location, building specification, tenancy profile, and development potential. Proximity to major roads such as the M1, M6, or M25, and to ports or urban centres, is often a key driver of tenant demand. Unit features such as minimum eaves height, loading access, yard space, and potential for extension or refurbishment can significantly affect rental value and capital appreciation. With ESG considerations and EPC compliance gaining importance, sustainable and energy-efficient assets are increasingly preferred by occupiers and institutional buyers alike. Whether investing for income, long-term capital growth, or redevelopment, industrial property offers a resilient, future-facing opportunity in today’s market.

  • Location: Prioritise access to major motorways, urban centres, ports, and last-mile logistics networks
  • Tenant covenant: Evaluate tenant strength, lease length, rent review clauses, and potential void risks
  • Unit specification: Look for good eaves height, ample yard space, multiple loading doors, and modern construction
  • Planning classification: Confirm permitted use (e.g. B2/B8) and any potential for future change of use or redevelopment
  • Rental growth prospects: Focus on supply-constrained areas with rising occupier demand
  • Energy performance: EPC ratings and sustainable features are increasingly crucial for compliance and marketability
  • Exit strategy: Consider long-term income, break-up potential, or sale to institutional funds or REITs

LoopNet - the worlds No. 1 commercial property marketplace.

Nearby Towns & Cities
Areas In & Around
Other Property Types
Resources
Major Investment Markets