Marston House 13 George Edwards Rd 28,514 SF 100% Leased Industrial Building Fakenham NR21 8NL $1,783,527 ($62.55/SF) 8.80% Cap Rate

The property comprises a series of three industrial buildings that are made up of 11 units which measure a total of 22,974 sq.ft GIA. Within the total area there are 5 small office suites that measure 2,125 sq.ft NIA. The buildings are constructed with steel portal frames and clad with a mix of brick and metal with dual pitch metal sheet roofing. Vehicular access is provided via rolling shutter doors to each unit. There is a generous yard area to the south of the property, currently in use as vehicular storage. The estate is multi let to 11 tenants who pay a current total contractual rental of £111,600 pax and there is a further informal income stream of £1,037 pcm that fluctuates on a monthly basis. In the North Norfolk local plan the land is allocated for employment (policy SS5).