Guide price
£425,000
Light industrial for sale44 Vulcan Road South, Norwich, Norfolk NR6
Just added
Auction
Freehold
About this property
For sale by auction on Wednesday, 25 Mar 2026 at 10:00
Venue: Livestream Auction
A double bay, concrete framed warehouse currently trading as Crew Fitness producing a passing rent of £36,000 rising to £44,000 per annum in December 2027
The property comprises a detached, double bay, concrete framed warehouse currently trading as Crew Fitness. The building is of predominantly brick construction, with a plastic coated
clad frontage incorporating double glazed windows, a personnel entrance and a roller shutter loading door. A pitched roof covers the building and onsite parking is provided to the
front, the building has a total floor area approaching 5,000 sq ft.
Internally, the accommodation is fitted out as a gym and includes male and female WC facilities together with a first floor office.
The lease is a full repairing and insuring (Fri) lease. The passing rent is £36.000 per annum rising to £44,000 per annum from the 2nd December 2027.
Accommodation
Warehouse 4129 sq ft (384 sq m)
1st floor 844 sq ft (78 sq m)
Total 4,973 sq ft (462 sq m)
Planning
The property is currently used as a gym, but could be provide for a number of alternative uses in E class, along with B2 and B8 uses.
Lease details
The premises are currently let to Exhale Fitness Ltd, for 10 years, expiring 1st
December 2032. There are tenant only breaks on 2nd December 2027 and 2030.
Business Rates
Current: 4 August 2023 to present £20,250
Future: From 1 April 2026 £22,250
VAT
VAT is applicable to this lot.
EPC Rating: D
Additional Fees
Buyers Premium: £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Livestream Auction
A double bay, concrete framed warehouse currently trading as Crew Fitness producing a passing rent of £36,000 rising to £44,000 per annum in December 2027
The property comprises a detached, double bay, concrete framed warehouse currently trading as Crew Fitness. The building is of predominantly brick construction, with a plastic coated
clad frontage incorporating double glazed windows, a personnel entrance and a roller shutter loading door. A pitched roof covers the building and onsite parking is provided to the
front, the building has a total floor area approaching 5,000 sq ft.
Internally, the accommodation is fitted out as a gym and includes male and female WC facilities together with a first floor office.
The lease is a full repairing and insuring (Fri) lease. The passing rent is £36.000 per annum rising to £44,000 per annum from the 2nd December 2027.
Accommodation
Warehouse 4129 sq ft (384 sq m)
1st floor 844 sq ft (78 sq m)
Total 4,973 sq ft (462 sq m)
Planning
The property is currently used as a gym, but could be provide for a number of alternative uses in E class, along with B2 and B8 uses.
Lease details
The premises are currently let to Exhale Fitness Ltd, for 10 years, expiring 1st
December 2032. There are tenant only breaks on 2nd December 2027 and 2030.
Business Rates
Current: 4 August 2023 to present £20,250
Future: From 1 April 2026 £22,250
VAT
VAT is applicable to this lot.
EPC Rating: D
Additional Fees
Buyers Premium: £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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Monthly repayment
£2,126 per month
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