Jarrold Way Industrial Estate Norwich | Nr5 9Jd
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JARROLD WAY INDUSTRIAL ESTATE NORWICH | NR5 9JD PRIME TRADE COUNTER INVESTMENT 2 INVESTMENT SUMMARY Prominently positioned amongst Norwich’s prime Passing rent of £318,050.50 per annum, We have been instructed to seek offers in excess of industrial area reflecting a average rent of £5.68 per sq ft overall £5,685,000 (Five million six hundred and eighty five Excellent accessibility to the A47, Norwich’s Attractive WAULT of 6.4 years to breaks and thousand pounds) which reflects a net initial yield of southern bypass which connects to the A11 and 7.2 years to expiry 5.25%, a reversionary yield of 5.84% and a low capital national motorway network value of £101 per sq ft, assuming standard purchaser’s Diverse and strong tenant line up of national costs of 6.62%. Part freehold / Part virtual freehold operators and established local companies 12 high quality industrial/trade counter units, 58% of income let to tenants rated 5A1 by further 2 units sold off long leasehold Dun & Bradstreet Comprises 55,977 sq ft Proven reversionary income through successful recent letting and regears SCARBOROUGHSCARBOROUGH A170 THIRSK A170 A 165 North Yorkshire M oors A 168 RIPON Yorkshire Dales MORECAMBE BRIDLINGTON LANCASTER STAMFORD DRIFFIELD H ARROGATE BRIDGE SKIPTON YORK A614 A 165 TADCASTER KEIGHLEY BEVERLEY BLACKPOOL LEEDSL EEDS BRADFORD BURNLEY SELBY HULL PRESTON BLACKBURN HALIFAX D EWSBURY WAKEFIELD SOUTHPORT HUDDERSFIELDHUDDERSFIELD ROCHDALE THORNE BURY SCUNTHORPE HATFIELD ORMSKIRK BARNSLEY WIGAN DONCASTERDONCASTER LEIGH MANCHESTER ST HELENS ROTHERHAMROTHERHAM LIVERPOOL STOCKPORT BIRKENHEAD A LTRINCHAM SHEFFIELD RUNCORN CHAPEL-LE-FRITH WORKSOP ELLESMERE PORT KNUTSFORD A15 A158 MACCLESFIELDMACCLESFIELD CHESTERFIELDCHESTERFIELD M6 LILINCOLN COL N BAKEWELL CHESTER MANSFIELD M1 LEEKLEEK CREWECREWE ALFRETONA LFRETON A15 NEWNENEWARD-ON-TRENTW A R D -ON - T REN T WREXHAM HUCKNALLHUCKNALL NEWCASTLE-UNDER-LYME ASHBOURNA SHBOURNE E SSTOKE-ON-TRENT OKE-ON-T REN T DENBYDENBY A60 SLEAFORD A52 BOSTON NOTNONOTTINGHAT T I N GHA M A50 A5 1 5 M1 A51 A52 HUNSTANTON DERBYDERBY A52JARROLDA601 WAY1 INDUSTRIAL ESTATE 3 A52 GRANTHAGRANTHAMM HOLT CROMER A46 LITTLE A511LONG1 LONG EATON N A52 A50 WALSINGHAM A453 A607 S NETTISHAM A148 MUNDESLEY M6 A50 A51 A518 BRISTON EAST MIDLANDS FAKENHAM A140 NORTH BURTONBURTON A606 WALSHAM UPONUPON TRENTRENTT A453 LOCATION A15 STANFORDSTANFORD COLSTERWORTH A148 A513 A46 MELTONM ELTON A5 1 5 A511 A518 LOUGHBOROUGLOUGHBOROUGH H MOWBRAMOWBRAYY GREAT B OURNE STALHAM A1 A149 MASSINGHAM KING’S LYNN A34 A6 M1 A460 A38 A444 A607 A51 Norwich is the county town of Norfolk and A5 CANNOCKCANNOCK LANGHALANGHAMM DEREHAM LICHFIELDLICHFIELD N ORWICH A47 INTERNATIONAL the largest of the major East Anglican centres,A606 STAMFORDSTAMFORD M54 M6 TOLL SWAFFHAM A34 TTAMWORTHA MWORTMWORT H situatedLEILELEICESTERI C ES 110T E Rmiles north east of London and NORWICH A47 A47 DOWNHAM A461 65 miles north east of Cambridge. A47 A1122 MARKET GREAT A444 WOLVERWOLVERHAMPTOH AMPTOAMPTO N WWALSALA LSALL ASUTTON45SUTTON2 A47 A146 COLDFIELDCOLDFIELD M42 A5 YARMOUTH M69 PEPETERBOROUGHT ERBOROUERBOROU G H A1065 WYMONDHAM The city benefits from excellent communications A1 A454 A143 HINCKLEHINCKLEYY and is served by the A11 trunk road which links B ROMWROMWICHICH NUNEATONNUNEATON ATTLEBOROUGH DDUDLEYU D LEY A43 A605 M6 to the M11 and A14, the main arterial routes from A442 B IRMIIRMINGHAMNGHNGH A M A5 CORBYCORBY London and the Midlands toA42 East7 Anglia. The A10 A11 LOWESTOFT M1 A134 BIRMINGHAM M6 A5 STOURBRIDGESTOURBRIDGE Norwich Northern Distributor opened in 2017 A605 A140 A442 A456 A45 A1 (M) A41 M42 M6 and consists of 8.7 miles of dual carriageway A141 C OVEOVOVENTRYE N TRY THETFORD A491 A435 KETTERINGKETTERING ELY A1066 KIDDERMINSTERKIDDERMINSTER SOLIHULSOLSOL I H U L L that links theA14 A47 to the south east of the city A142 A441 A46 RRUGBU GBY A45 A11 A143 A508 A14 with Norwich International Airport to the north. A14 M42 A452 HALESWORTH M40 HHUNTINGDONU N TINGDON M45 A456 A43 REDREREDDITCD D ITC H Frequent train services are also available from A6 A45 A426 Norwich to London (Liverpool Street)RUSHDEN RwithUSHDEN a A12 ROYAL M5 A435 fastest journey time of approximately 1 hour A14 A425DAVENTRYDAVENTRY LEAMINGTOLEA MIN G T O N M1 BURY ST SPA NORTHAMPTONNORTHAMPTON 47 minutes. In addition Norwich international A6 EDMUNDSEDMUNDS A45 A428 A428 A46 CAMBRIDGECAMBRIDGE A14 WORCESTEWORCE S TER A422 airport is situated just over 4 miles to the north STRATFORD-UPON-AVON STRATFORD-UPON-AVON A428 OAKLEYOAKLEY A4440 A423 and offers flights to various destinations in the M11 A429 A428 A46 United Kingdom and Europe. BEDFORDBEDFORD GREATGREAT TOWCESTERTOWCESTER A4103 MALVERNMALVERN M40 M1 KEMPSTONKEMPSTON EVESHAMEVESHAM NEWPORTNEWPORT PAGNELLPAGNELL A134 A5 A44 BANBURYBANBURY A43 A505 A47 MILTON 3.8 miles IPSWICH M1 A11 KEYNES 5 miles A1 M50 A46 A12 A14 BUCKINGHAMBUCKINGHAM Ipswich 43 miles DRIVING A5 A6 A131 DISTANCES: M11 (J14) 65 miles FELIXSTOWE LEIGHTONLEIGHTON M11 PeterboroughBUZZARBUZZARDD 74 miles A1(M) A10 A5 HARWICH A44 BICESTERBICESTER CHELTENHAM STEVENAGESTEVENAGE STANSTED A12 A40 A429 COLCHESTER GLOUCESTERGLOUCESTER A120 Ipswich A418 41 mins LUTON A436 WOODSTOCKWOODSTOCK A41 A34 A12 CambridgeAYLESBURYAYLESBURY 80 mins M5 A40 A417 Peterborough 90 mins JOURNEY TIMES A41 M1 A414 A138 OXFORD(FROM NORWICH): HEMELHEMEL A40 London Liverpool 107HEMPSTEA HEMPSTEAmins D D M11 Street CHELMSFORD CIRENCESTERCIRENCESTER Not to scale. A413 LONDOLONDONN Indicative only. A34 A4010 M40 AMERSHAMAMERSHAM M25 A419 FARINGDONFARINGDON ABINGDONABINGDON WATFORDWATFORD A1 CHEPSTOWCHEPSTOW HIGH A10 A433 A429 WYCOMBEWYCOMBA355E B RENTWOODBRENTWOOD NEWPORTNEWPORT M1 A406 WICKFORDWICKFORD A406 M4 DIDCOTDIDCOT M40 PINNERP INNER M48 MALMSBURYMALMSBURY A1400 RAYLEIGRAYLEIGHH M4 GERRARDSGERRARDS A12 A127 BASILDON C ROSS CROSS A1 A10 SWINDONSWINDON A404 A41 A13 A34 HENLEY-ON-THAMESHENLEY-ON-THAMES A40 A11 A406 SOUTHEND-ON-SEA M49 A406 MAIDENHEADMAIDENHEAD UXBRIDGEUXBRIDGE M4 A501 M25 SLOUGHSLOUGH M25 A3220 LONDONA13 LONDON CITY A13 A12 A117 M32 A4 A2 WINDSOWINDSORR GREENWICHGREENWICH HOUNSLOWHOUNSLOW A307 M5 CHIPPENHAMCHIPPENHAM A282 READINGREADING HEATHROW WANDSWORTHWANDSWORTHA203 LEWISHAMLEWISHAM BRISTOLBRISTOL A46 M4 A30 A2 SHEERNESSSHEERNESS A214 A205 BEXLEYBEXLEY DARTFORDDARTFORD GRAVESENDG RAVESEND MARLBOROUGHMARLBOROUGH BRACKNELLBRACKNELL KINGSTONKINGSTON HUNGERFORDHUNGERFORD M4 U PON THAMES WOKINGHAMWOKINGHAM A308UPON THAMES A20 BRISTOL A4 NEWBURYNEWBURY ASCOTASCOT A23 A346 A309 A3 BECKENHAMBECKENHAM MARGATE BATHBATH A24 MELKSHAMMELKSHAM A34 CROWTHORNECROWTHORNE CROYDON CHATHAM A249 A38 WEYBRIDGEWEYBRIDGE A240 CROYDON A232 CHATHAM A28 SUTTONSUTTON DEVIZESDEVIZES A299 PEWSEYPEWSEY A339 A243 M20 A228 SITTINGBOURNESITTINGBOURNE A37 CAMBERLEYCAMBERLEY A299RAMSGATE EPSOME PSOM M25 M2 TROWBRIDGETROWBRIDGE M3 WOKINGWOKING A28 M25 A22 A33 A23 FARNBOROUGHFARNBOROUGH M26 M2 A338 WESWESTT A3 A217 A25 A2 LEATHERHEADLEATHERHEAD MALLINGMALLING CANTERBURY BASINGSTOKEBASINGSTOKE SEVENOAKSSEVENOAKS MAIDSTONEMAIDSTONE M3 A331 A24 M25 OXTEDOXTED ALDERSHOTALDERSHOT FROMEFROME GUILDFORDGUILDFORD A256 REIGATEREIGATE A31 A26 WELLSWELLS WARMINSTERWARMINSTER ANDOVERANDOVER FARNHAMFARNHAM M20 A22 A229 A28 A303 TONBRIDGETONBRIDGE GODALMINGGODALMING A2 A303 A24 GATWICK M23 ASHFORDASHFORD GLASTONBURYGLASTONBURY A36 A31 ROYALR OYAL A3 A350 A264 TUNBRIDGETUNBRIDGE A39 EASTEAST WELLS DOVER GRINSTEAD WELLS CRAWLEYCRAWLEGRINSTEADY A37 A34 M3 A20 A303 A21 M5 A26 A2070 WILTONWILTON SALISBURYSALISBURY A31 HASLEMEREHASLEMERE FOLKESTONE WINCHESTERWINCHESTER HORSHAMHORSHAM A23 A36 A24 A303 SHAFTSBURYSHAFTSBURY PETERSFIELPETERSFIELD D A254 A272 EASTLEIGHE ASTLEIGH A3 A272 STALBRIDGESTALBRIDGE M271 A350 SOUTHAMPTON YEOVILYEOVIL A338 M27 SOUTHAMPTONSOUTHAMPTON A303 CREWKERNECREWKERNE A31 CHARDCHARD HYTHEHYTHE HAVANTHAVANT ARUNDELARUNDEL A27 A27 BRIGHTON A350 A27 A37 PORTSMOUTH BEAMINSTER BEAMINSTER WORTHINGWORTHING A354 GOSPORTGOSPORT BOGNORBOGNOR REGISREGIS A35 LYMINGTONLYMINGTON COWESCOWES A35 A35 SELSEYSELSEY LYMELYME REGISREGIS POOLEPOOLE A35 BOURNEMOUTHBOURNEMOUTH NEWPORTNEWPORT BEMBRIDGEBEMBRIDGE ISLE OF WIGHTWIGHT WEYMOUTH SWANAGESWANAGE A47 A1074 D E R E H A M R O A D 2 NORWICH 3 CITY CENTRE 5 AY 9 Y R E H SW D E A M R O A D WA 10 N B A R N A A G R D R O FRANCI A D R O M 1 4 W B A R N A R D R O A D E N BOWTHORPE 6 8 D E PARK 7 N E J A R R O L D WAY 11 C H A P E L B R E A K R O A D O A D CL O V E R H I L L R SITUATION JARROLD WAY Jarrold Way Industrial Estate is a prime industrial and INDUSTRIAL ESTATE A1074 S W trade destination situated approximately 3.5 miles E E DERE T 1 west of Norwich city centre B Redpack Packaging Machinery H A MR R I OA D A R A47 R 2 MIGSOLV Data Centre O It forms part of the wider Bowthorpe Park Industrial A Estate, an established and prominent cluster of D 3 Kettle Chips BAWBURGH commercial property which comprises c.250,000 sq 4 Nielsen Brandbank M R OA D ft of industrial accommodation E A R L H A NORWICH 5 Bowthorpe Park Industrial Estate WAT T D C O N ROA O Site is accessed from Barnard Road, off Dereham L M UNIVERSITY OF A N 6 EAST ANGLIA R Isuzu O Road (A1074) which in turn connects with the town A D 7 centre Meltemi LITTLE Situated 1.5 miles south east of the A47 trunk road MELTON 8 Fox Joinery which forms Norwich’s southern bypass and connects A146 9 Namco Funscape D A11 A to the A11 and wider national motorway network O R H 10 Best Western Brook Hotel C I W Local occupiers include NHS, Kettle Chips, Royal Mail, S P I 11 Sinclair International Best Western and Kuehne & Nagel CRINGLEFORD