Description
Property
The property comprises an extensive distribution centre on a site that extends to 30 acres. It provides a mix of high bay warehousing, workshop buildings, stores, offices and hard surfaced and roughly surfaced land.
Internally the main warehouse is of steel portal frame construction with clad elevations and similarly clad roof, electric roller shutter doors, power floated concrete floor. Eaves heights range from 5 to 8.25m. LED lighting, halogen lighting and mezzanine storage is installed in certain accommodation.
Externally the site benefits from ample car parking for staff, loading, circulation and storage space.
EPC
Front Office - C
Warehouse 1 - Exempt
Warehouse 2 - Exempt
Warehouse 3 - D
Warehouse 4 - Exempt
Warehouse 5 - C
Warehouse 6 - D
Warehouse 7 - Exempt
Warehouse 8 - C
Location
The property is accessed directly off Blyth Road to the north-east of Worksop, providing quick access to the A1 (3 miles), Worksop town centre and the A57 thereafter.
There is a residential land allocation to the south of the site, part of which with construction already underway by Rippon Homes.
Services
We understand that mains water, electricity and drainage supplies are available and connected to the property. These have not been tested and interested parties are advised to make their own investigations to the relevant utility service providers.
Town & Country Planning
We understand that the property has consent for uses falling within Class B2 and B8 of the Town and Country Planning (Use Office Classes) Order 1987 (as amended 2020). There is Reserved Matters approval for 160,000 sq ft of data centre and warehousing as a single building, which is situated in the rear portion of the site. Please refer to the Application No: 21/00867/RES.
Interested parties are advised to make their own investigations with the Local Planning Authority.
Tenure
The property is available For Sale, subject to vacant possession being provided for the majority of the complex within 3 months of completion. There are various flexible tenancies on site, currently generating an income of £107,241 p.a.x.
The vendors may also be willing to consider a sale and leaseback for a flexible period post completion of the sale. Further information as to this is available upon request of the agents.
VAT
VAT may be charged in addition to the purchase price at the prevailing rate.
Legal Costs
Each party is to be responsible for their own legal costs incurred in documenting the transaction.
Agents Note
The site lies adjacent to the Peaks Hill Farm development proposal where there is planned to be a new distributor Road running to the south of the land with junctions on the A60 Carlton Road and B6045 Blyth Road. A new roundabout access is therefore planned at the entrance of the land that will also serve property to the south. Formal plans are awaited however further details are available on request.