April 2016 - Marketing Particulars - FINAL
For Sale Development Opportunity Former Royal Mail Sorting Office 1 Exchange Street Stockport SK1 1AA & Car Park Wellington Street Stockport April 2016
•
Suitable redevelopment for a number of uses subject to planning
•
Site 1 - GIA of approximately 7,302 sq m (78,619 sq ft)on a site of 0.57 acres (0.23 hectares)
•
Site 2 – a site of approximately 0.22 acres (0.089 hectares)
gva.co.uk/9813
Location Site 1 is prominently situated with a frontage to Wellington Road South (A6) within Stockport town centre. Stockport train station and Town Hall are a 5 minute walk from the site, with the main commercial and retail provision of Stockport a 10 minute walk north east of the property. Junction 1 of the M60 is less than half a mile north west of the property providing access to the wider North West region. Manchester City Centre is a 15 minute train journey from Stockport train station or six miles north along Wellington Road South (A6). The immediate area comprises a mix of retail, leisure and office accommodation. Site 2 is located 50 m to the east of Site 1 on the corner of Wellington Street, Lawrence Street and Lord Street. Stockport Exchange Development, a major mixed use development by Muse and Stockport Metropolitan Borough Council is situated directly outside Stockport train station within 100 m of sites 1 and 2. Phase 2 of the development is underway including the delivery of a 43,000 sq ft office and a 115 bed hotel.
Description Site 1 formerly the Stockport Royal Mail Sorting Office is a purpose built building of steel frame construction clad in lightweight concrete aggregate panels. The difference in levels between Exchange Street, Station Road and Wellington Road South allows for a large double height loading area at ground level to Exchange Street. The accommodation fronting Wellington Road South benefits from double ceiling height having previously been used to house machinery for the sorting of mail. The accommodation towards the rear of the property is of standard ceiling height and comprises office accommodation. The property benefits from three passenger lifts and a goods hoist. The property has an approximate site area of 0.57 acres (0.23 ha) Site 2 within 50 m of the sorting office is a tarmacadam surfaced car park bounded by Wellington Street and Lord Street. The car park has an approximate site area of 0.22 acres (0.089 ha).
Accommodation
EPC
Site 1
The full EPC report is available upon request.
We understand the property following GIA floor areas: Floor 3 2 & Mezz 1 & Mezz G & Mezz Total
comprises
the
GIA Sq M 979 2,126 2,071 2,126 7,302
Sq Ft 10,543 22,885 22,299 22,892 78,619
Indicative floor plans are available upon request.
Tenure Site 1 The property is held freehold under title number CH24022. Terms have been agreed with a car park operator for a short term letting of part of the ground floor of the principle building. Further detail can be provided upon request.
Offers The sites have been offered for sale by way of informal tender. Both unconditional and conditional offers will be considered. Offers are invited for the freehold interest in Site 1 and/or Site 2 and should detail: •
Financial Offer
•
Conditions
•
Financial resource of purchaser and funding proposal
•
Timescale for exchange and completion
•
Proposed use of the property
Offers will be considered for both parcels of land together and individually. The closing date for offers is 27 May 2016.
Site 2 The car park bounded by Wellington Street and Lord Street is currently leased to a car park operator for a term of two years, producing an annual rent of £16,200. Vacant possession can be granted by way of a landlord break at any time after 12 months from lease commencement. The car park is held freehold under title number CH21024.
Planning The property is allocated under Stockport Metropolitan Borough Council’s UDP, dated 2006, as part of the Town Centre Mixed Use Areas (TCG3). Therefore a number of different uses could be considered appropriate. The Council is currently updating their planning policy for the Local Development Framework. Interested parties should make their own enquiries of the local planning authority.
Rateable Value Site 1
For further information or an appointment to view please contact: Gareth Conroy T : 0161 956 4477 E : [email protected] James Couth T: 0161 956 4223 E: [email protected]
We understand that the property has a rateable value of £169,000.
Bilfinger GVA is the trading name of GVA Grimley limited, conditions under which particulars are issued by GVA Grimley Limited for themselves, for any joint agents and for the vendors or lessors of this property whose agents they are, give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchases or lessors and do not constitute, nor constitute part of, an offer or contract. (ii) all descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details, are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) no person in the employment of GVA Grimley Limited or any joint agents has any authority to make or give any representation or warranty whatever in relation to this property. (iv) all rentals and prices are quoted exclusive of VAT Reproduced by courtesy of the Controller of HMSO Crown Copyright reserved. Licence No 774359. If applicable, with consent of Chas E Goad, Cartographers, Old Hatfield, Geographers A-Z Map Co Ltd and/or The Automobile Association. For identification purposes only.
•
Suitable redevelopment for a number of uses subject to planning
•
Site 1 - GIA of approximately 7,302 sq m (78,619 sq ft)on a site of 0.57 acres (0.23 hectares)
•
Site 2 – a site of approximately 0.22 acres (0.089 hectares)
gva.co.uk/9813
Location Site 1 is prominently situated with a frontage to Wellington Road South (A6) within Stockport town centre. Stockport train station and Town Hall are a 5 minute walk from the site, with the main commercial and retail provision of Stockport a 10 minute walk north east of the property. Junction 1 of the M60 is less than half a mile north west of the property providing access to the wider North West region. Manchester City Centre is a 15 minute train journey from Stockport train station or six miles north along Wellington Road South (A6). The immediate area comprises a mix of retail, leisure and office accommodation. Site 2 is located 50 m to the east of Site 1 on the corner of Wellington Street, Lawrence Street and Lord Street. Stockport Exchange Development, a major mixed use development by Muse and Stockport Metropolitan Borough Council is situated directly outside Stockport train station within 100 m of sites 1 and 2. Phase 2 of the development is underway including the delivery of a 43,000 sq ft office and a 115 bed hotel.
Description Site 1 formerly the Stockport Royal Mail Sorting Office is a purpose built building of steel frame construction clad in lightweight concrete aggregate panels. The difference in levels between Exchange Street, Station Road and Wellington Road South allows for a large double height loading area at ground level to Exchange Street. The accommodation fronting Wellington Road South benefits from double ceiling height having previously been used to house machinery for the sorting of mail. The accommodation towards the rear of the property is of standard ceiling height and comprises office accommodation. The property benefits from three passenger lifts and a goods hoist. The property has an approximate site area of 0.57 acres (0.23 ha) Site 2 within 50 m of the sorting office is a tarmacadam surfaced car park bounded by Wellington Street and Lord Street. The car park has an approximate site area of 0.22 acres (0.089 ha).
Accommodation
EPC
Site 1
The full EPC report is available upon request.
We understand the property following GIA floor areas: Floor 3 2 & Mezz 1 & Mezz G & Mezz Total
comprises
the
GIA Sq M 979 2,126 2,071 2,126 7,302
Sq Ft 10,543 22,885 22,299 22,892 78,619
Indicative floor plans are available upon request.
Tenure Site 1 The property is held freehold under title number CH24022. Terms have been agreed with a car park operator for a short term letting of part of the ground floor of the principle building. Further detail can be provided upon request.
Offers The sites have been offered for sale by way of informal tender. Both unconditional and conditional offers will be considered. Offers are invited for the freehold interest in Site 1 and/or Site 2 and should detail: •
Financial Offer
•
Conditions
•
Financial resource of purchaser and funding proposal
•
Timescale for exchange and completion
•
Proposed use of the property
Offers will be considered for both parcels of land together and individually. The closing date for offers is 27 May 2016.
Site 2 The car park bounded by Wellington Street and Lord Street is currently leased to a car park operator for a term of two years, producing an annual rent of £16,200. Vacant possession can be granted by way of a landlord break at any time after 12 months from lease commencement. The car park is held freehold under title number CH21024.
Planning The property is allocated under Stockport Metropolitan Borough Council’s UDP, dated 2006, as part of the Town Centre Mixed Use Areas (TCG3). Therefore a number of different uses could be considered appropriate. The Council is currently updating their planning policy for the Local Development Framework. Interested parties should make their own enquiries of the local planning authority.
Rateable Value Site 1
For further information or an appointment to view please contact: Gareth Conroy T : 0161 956 4477 E : [email protected] James Couth T: 0161 956 4223 E: [email protected]
We understand that the property has a rateable value of £169,000.
Bilfinger GVA is the trading name of GVA Grimley limited, conditions under which particulars are issued by GVA Grimley Limited for themselves, for any joint agents and for the vendors or lessors of this property whose agents they are, give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchases or lessors and do not constitute, nor constitute part of, an offer or contract. (ii) all descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details, are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) no person in the employment of GVA Grimley Limited or any joint agents has any authority to make or give any representation or warranty whatever in relation to this property. (iv) all rentals and prices are quoted exclusive of VAT Reproduced by courtesy of the Controller of HMSO Crown Copyright reserved. Licence No 774359. If applicable, with consent of Chas E Goad, Cartographers, Old Hatfield, Geographers A-Z Map Co Ltd and/or The Automobile Association. For identification purposes only.
