New Warehouse with Offices, Venture Way, Trent Road ... - Realla
01476 514450 | [email protected]
New Warehouse with Offices, Venture Way, Trent Road, Grantham, NG31 7XS PRICE: £3,000,000 FREEHOLD RENT: £240,000 P.A.X. LEASEHOLD FOR SALE / TO LET •Design & Build 40,000 sq ft (3,716 sq m) detached warehouse premises to incorporate 10% office content over two floors. • Eaves height to be 8m (26’ 3”) with the main space to have three level access doors and with 51 perimeter car parking spaces. •
Total site area approx. 1.93 acres (0.78 hectares).
•
Site located within 0.5 miles of the north and southbound carriageways of the A1.
• Available by way of either a freehold interest or, alternatively, a new effective full repairing and insuring lease for a minimum term of 10 years.
40,000 Sq Ft (3,716 Sq M)
Location Grantham is an established and expanding market town in South Lincolnshire being approximately 23 miles east of the City of Nottingham and 25 miles south of the City of Lincoln with a resident population of approximately 38,000 people and having a large and expanding catchment area. The A1 runs immediately to the west of the town providing excellent road communications and the town also benefits from a mainline rail connection to London Kings Cross with a journey time of approximately 80 minutes. Grantham has recently been awarded Growth Point Status and is set to grow dramatically both residentially and commercially in coming years. Venture Way is situated directly off Trent Road and the immediate area houses many of the town’s larger warehousing and manufacturing operations. The A1, via Swingbridge Road, can be accessed within approximately one mile of the property by both car and HGV and the town centre is approximately 1.5 miles from the site. Description The proposed scheme is to comprise a detached 40,000 sq ft (3,716 sq m) steel portal framed warehouse to incorporate 10% office content over ground and first floor levels to the frontage and to have brick and block base walls with profiled and insulated metal cladding over and to the roof covering which will also contain translucent roof light panels. A 3 phase electricity supply will also be provided along with gas fired radiator heating to the office accommodation and gas fired space heating to the warehouse space can be provided at extra cost if required by the ingoing purchaser/tenant. 51 perimeter car parking spaces will be provided together with three level access doors to the frontage. The site upon which the building is proposed to be constructed extends to approximately 1.93 acres (0.78 hectares) by giving 48% site coverage.
Tenure/Terms The Property can be made available by way of a freehold interest with vacant possession to be granted upon completion and the asking price on this basis is £3,000,000 (Three Million Pounds). This price is based upon the standard specification briefly detailed herein, however, the final pricing structure will be dependent upon the specification required over and above this by the ingoing purchaser. Alternatively, the property will be made available by way of a new effective full repairing and insuring lease for a minimum term of 10 years at a commencing rent of £240,000 (Two Hundred & Forty Thousand Pounds) per annum exclusive of VAT at the appropriate rate. This equates to £6 per sq ft and is based upon the standard specification briefly described herein, however, the specification may be enhanced but an additional rent charge will be made if this is required by a prospective tenant and further details are available upon request through ourselves as the Sole Selling/Letting Agents. Services We understand that the premises to be constructed will be connected to mains electricity (with 3 phase supply), gas, water and drainage. We would advise prospective purchasers/tenants to clarify these issues with the relevant Statutory Authorities prior into entering into a commitment to acquire this property. VAT The asking price and rental terms quoted within these particulars are exclusive of, but may be liable to, VAT at the prevailing rate and you are advised to clarify this point prior to making an offer to acquire this property. Legal Costs Each party will bear their own legal and professional costs incurred in any transaction negotiated.
The premsies are situated in a predominantly commercial location on the outskirts of the town of Grantham and are situated within approximately 0.5 miles of the north and southbound carriageways of the A1 thereby making this an excellent location for both logistical, warehousing and manufacturing occupiers.
Viewing & Further Information For further information, or an appointment to meet with our clients and their Architects to discuss your individual requirements regarding this building to be constructed at Venture Way, please contact the Sole Agents:
Furhter details in respect of the specification that is to be included within the quoting price and rental terms specified herein can be provided upon request through ourselves as Sole Selling/Letting Agents and specification may be further enhanced through negotiation with our clients, however, this will doubtless incur additional cost/rent.
Brown & Co Granta Hall, Finkin Street, Grantham, NG31 6QZ Tel: 01476 514433 Fax: 01476 594242 E-mail: [email protected]@brown-co.com Contact: James Cameron
Energy Performance Certificates As the premises to be constructed on the Venture Way site has yet to be built, no Energy Performance Certificate will be available to the prospective purchaser/tenant until completion of the build process. It is intended by the Developer that the premises to be constructed will meet the highest possible standards of energy efficiency wherever possible.
Location Plan
Planning We understand that planning exists over the site for uses falling under Use Classes B1, B2 & B8 covering offices, light and general industrial uses and warehousing/storage and distribution. Further enquiries in respect of planning-related matters should be directed to the Planning Department at South Kesteven District Council. Tel: 01476 406080. Business Rates The property to be constructed at Venture Way will require assessment for Non-Domestic Business Rates upon completion of the construction process.
IMPORTANT NOTICES Brown & Co for themselves and for the Vendors or Lessors of this Property give notice that: 1. These particulars are intended to give a fair and accurate general outline only for the guidance of intending Purchasers or Lessees and they do not constitute an offer or contract or any part of an offer or contract. 2. All descriptions, dimensions, references to condition and other items in these Particulars are given as a guide only and no responsibility is assumed by Brown & Co for the accuracy of individual items. Intending Purchasers or Lessees should not rely on them as statements or representations of fact and should satisfy themselves as to the correctness of each item by inspection or by making independent enquiries. In particular, dimensions of land, rooms or buildings should be checked. Metric/imperial conversions are approximate only. 3. Intending Purchasers or Lessees should make their own independent enquiries regarding use or past use of the property, necessary permissions for use and occupation, potential uses and any others matters affecting the property prior to purchase. 4. Brown & Co, and any person in its employ, does not have the authority, whether in these Particulars, during negotiations or otherwise, to make or give any representation or warranty in relation to this property. No responsibility is taken by Brown & Co for any error, omission of mis-statement in these particulars. 5. No responsibility can be accepted for any costs or expenses incurred by intending Purchasers or Lessees in inspecting the property, making further enquiries or submitting offers for the Property. 6. All prices are quoted subject to contract and exclusive of VAT, except where otherwise stated. 7. In the case of agricultural property, intending purchasers should make their own independent enquiries with the RPA as to Single Payment Scheme eligibility of any land being sold or leased. 8. Brown & Co is the trading name of Brown & Co – Property and Business Consultants LLP. Registered Office: Granta Hall, Finkin Street, Grantham, Lincolnshire NG31 6QZ. Registered in England and Wales. Registration Number OC302092. These particulars were prepared in September 2016. Printed by Ravensworth 01670 713330
New Warehouse with Offices, Venture Way, Trent Road, Grantham, NG31 7XS PRICE: £3,000,000 FREEHOLD RENT: £240,000 P.A.X. LEASEHOLD FOR SALE / TO LET •Design & Build 40,000 sq ft (3,716 sq m) detached warehouse premises to incorporate 10% office content over two floors. • Eaves height to be 8m (26’ 3”) with the main space to have three level access doors and with 51 perimeter car parking spaces. •
Total site area approx. 1.93 acres (0.78 hectares).
•
Site located within 0.5 miles of the north and southbound carriageways of the A1.
• Available by way of either a freehold interest or, alternatively, a new effective full repairing and insuring lease for a minimum term of 10 years.
40,000 Sq Ft (3,716 Sq M)
Location Grantham is an established and expanding market town in South Lincolnshire being approximately 23 miles east of the City of Nottingham and 25 miles south of the City of Lincoln with a resident population of approximately 38,000 people and having a large and expanding catchment area. The A1 runs immediately to the west of the town providing excellent road communications and the town also benefits from a mainline rail connection to London Kings Cross with a journey time of approximately 80 minutes. Grantham has recently been awarded Growth Point Status and is set to grow dramatically both residentially and commercially in coming years. Venture Way is situated directly off Trent Road and the immediate area houses many of the town’s larger warehousing and manufacturing operations. The A1, via Swingbridge Road, can be accessed within approximately one mile of the property by both car and HGV and the town centre is approximately 1.5 miles from the site. Description The proposed scheme is to comprise a detached 40,000 sq ft (3,716 sq m) steel portal framed warehouse to incorporate 10% office content over ground and first floor levels to the frontage and to have brick and block base walls with profiled and insulated metal cladding over and to the roof covering which will also contain translucent roof light panels. A 3 phase electricity supply will also be provided along with gas fired radiator heating to the office accommodation and gas fired space heating to the warehouse space can be provided at extra cost if required by the ingoing purchaser/tenant. 51 perimeter car parking spaces will be provided together with three level access doors to the frontage. The site upon which the building is proposed to be constructed extends to approximately 1.93 acres (0.78 hectares) by giving 48% site coverage.
Tenure/Terms The Property can be made available by way of a freehold interest with vacant possession to be granted upon completion and the asking price on this basis is £3,000,000 (Three Million Pounds). This price is based upon the standard specification briefly detailed herein, however, the final pricing structure will be dependent upon the specification required over and above this by the ingoing purchaser. Alternatively, the property will be made available by way of a new effective full repairing and insuring lease for a minimum term of 10 years at a commencing rent of £240,000 (Two Hundred & Forty Thousand Pounds) per annum exclusive of VAT at the appropriate rate. This equates to £6 per sq ft and is based upon the standard specification briefly described herein, however, the specification may be enhanced but an additional rent charge will be made if this is required by a prospective tenant and further details are available upon request through ourselves as the Sole Selling/Letting Agents. Services We understand that the premises to be constructed will be connected to mains electricity (with 3 phase supply), gas, water and drainage. We would advise prospective purchasers/tenants to clarify these issues with the relevant Statutory Authorities prior into entering into a commitment to acquire this property. VAT The asking price and rental terms quoted within these particulars are exclusive of, but may be liable to, VAT at the prevailing rate and you are advised to clarify this point prior to making an offer to acquire this property. Legal Costs Each party will bear their own legal and professional costs incurred in any transaction negotiated.
The premsies are situated in a predominantly commercial location on the outskirts of the town of Grantham and are situated within approximately 0.5 miles of the north and southbound carriageways of the A1 thereby making this an excellent location for both logistical, warehousing and manufacturing occupiers.
Viewing & Further Information For further information, or an appointment to meet with our clients and their Architects to discuss your individual requirements regarding this building to be constructed at Venture Way, please contact the Sole Agents:
Furhter details in respect of the specification that is to be included within the quoting price and rental terms specified herein can be provided upon request through ourselves as Sole Selling/Letting Agents and specification may be further enhanced through negotiation with our clients, however, this will doubtless incur additional cost/rent.
Brown & Co Granta Hall, Finkin Street, Grantham, NG31 6QZ Tel: 01476 514433 Fax: 01476 594242 E-mail: [email protected]@brown-co.com Contact: James Cameron
Energy Performance Certificates As the premises to be constructed on the Venture Way site has yet to be built, no Energy Performance Certificate will be available to the prospective purchaser/tenant until completion of the build process. It is intended by the Developer that the premises to be constructed will meet the highest possible standards of energy efficiency wherever possible.
Location Plan
Planning We understand that planning exists over the site for uses falling under Use Classes B1, B2 & B8 covering offices, light and general industrial uses and warehousing/storage and distribution. Further enquiries in respect of planning-related matters should be directed to the Planning Department at South Kesteven District Council. Tel: 01476 406080. Business Rates The property to be constructed at Venture Way will require assessment for Non-Domestic Business Rates upon completion of the construction process.
IMPORTANT NOTICES Brown & Co for themselves and for the Vendors or Lessors of this Property give notice that: 1. These particulars are intended to give a fair and accurate general outline only for the guidance of intending Purchasers or Lessees and they do not constitute an offer or contract or any part of an offer or contract. 2. All descriptions, dimensions, references to condition and other items in these Particulars are given as a guide only and no responsibility is assumed by Brown & Co for the accuracy of individual items. Intending Purchasers or Lessees should not rely on them as statements or representations of fact and should satisfy themselves as to the correctness of each item by inspection or by making independent enquiries. In particular, dimensions of land, rooms or buildings should be checked. Metric/imperial conversions are approximate only. 3. Intending Purchasers or Lessees should make their own independent enquiries regarding use or past use of the property, necessary permissions for use and occupation, potential uses and any others matters affecting the property prior to purchase. 4. Brown & Co, and any person in its employ, does not have the authority, whether in these Particulars, during negotiations or otherwise, to make or give any representation or warranty in relation to this property. No responsibility is taken by Brown & Co for any error, omission of mis-statement in these particulars. 5. No responsibility can be accepted for any costs or expenses incurred by intending Purchasers or Lessees in inspecting the property, making further enquiries or submitting offers for the Property. 6. All prices are quoted subject to contract and exclusive of VAT, except where otherwise stated. 7. In the case of agricultural property, intending purchasers should make their own independent enquiries with the RPA as to Single Payment Scheme eligibility of any land being sold or leased. 8. Brown & Co is the trading name of Brown & Co – Property and Business Consultants LLP. Registered Office: Granta Hall, Finkin Street, Grantham, Lincolnshire NG31 6QZ. Registered in England and Wales. Registration Number OC302092. These particulars were prepared in September 2016. Printed by Ravensworth 01670 713330
