Freehold redevelopment / Industrial Opportunity
La Plata Works, Holme Lane, Sheffield, S6 4JY For Sale
Comprising a total of circa 21,842 sq ft (2,029.22 sq m)
On a site of 0.75 acres (0.303 hectares)
Comprising a collection of warehouse and office accommodation on a predominantly rectangular site
Suitable for variety of different uses, including redevelopment as appropriate (subject to appropriate planning consents)
We are seeking offers in the region of £650,000 exclusive for the freehold interest
0114 2729750 th
Fountain Precinct, 7 Floor Balm Green, Sheffield, S1 2JA email:
[email protected] Location The subject property is situated in an extremely prominent position fronting Holme Lane (A6101) within the Malin Bridge area of Hillsborough, approximately 2 miles to the North West of Sheffield City Centre.
There is an internal yard, which provides direct access on to Holme Lane (A6101). In total, the site comprises an area of 0.75 acres (0.303 hectares).
Holme Lane connects directly with Penistone Road (A61), being one of the main arterial routes serving Sheffield city centre and onwards to motorway connections at Junction 36 M1 to the North or Junction 34 of the M1 to the East. The property is within a predominantly residential area, however, has a number of retail and trade warehouse occupiers also within close proximity, including Travis Perkins and Towsure. In addition there are a number of high street retailers within Hillsborough and a number of roadside operators, including car showroom, Supermarkets and gyms all in close proximity on Penistone Road. Accommodation There are also a number of public transport connections with the Malin Bridge Supertram stop adjacent and the Park and Ride located adjacent to La Plata Works.
We understand the building comprises the following gross internal area:Description
Sq M
Sq Ft
Description
Main Factory – Ground Floor
790.03
8,504
The premises comprise two buildings one a two storey historic mill / industrial building, with some of the older buildings believed to date back to circa 1870. Internally this is laid out to provide workshops, storage, offices and canteen within a shoe horn shaped building, fronting Holme Lane to one side and the river bank of the River Loxley to the other.
Main Factory – First Floor
784.19
8,441
Total
1,574.22
16,945
Modern Warehouse – Ground Floor
335.54
3,612
Modern Warehouse – First Floor Mezzanine
119.46
1,286
Total
455
4,897
To the other end of the site is a more modern warehouse which provides some open plan accommodation, having a mezzanine to first floor.
Overall Total
2,029.22
21,842
Tenure Our client owns the freehold and are looking to dispose of this opportunity on a for sale basis. We are seeking offers in the region of £650,000 exclusive of VAT.
Rates payable will therefore be £14,000 per annum. Interested parties are advised to make their own enquiries with the local planning department VAT
Planning We understand that the property falls within a Flexible Use Area within the Sheffield Local Plan and PF1 Policy states that the following development is acceptable:
Small convenience shop development (A1) Offices used by the public (A2) Small scale office development (B1a) None office business development (B1b and B1c) Hotels (C1) Residential institutions (C2) Housing (C3)
All figures quoted are subject to VAT at the prevailing rate where applicable. Legal Costs Each party to bear their own legal costs incurred in any transaction. Viewing & Further Information Please contact Sole Agents:Ben White
[email protected] Tel: 0114 2729750 Brochure: October 2015 Photograph: August 2015
Energy Performance Certificate (EPC) We understand the property has the following EPC Rating:Hammer Shop – G 162 La Plata Works – E 116
Business Rates We understand that the building has the following rateable value: Main factory and premises = £25,750 Store and premises = £3,050