ladysmith road, grimsby, north east lincolnshire, dn32 9sl

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LADYSMITH ROAD, GRIMSBY, NORTH EAST LINCOLNSHIRE, DN32 9SL

INDUSTRIAL FOR SALE/TO LET 33,912 SQ M (365,028 SQ FT) APPROX.

Chartered Surveyors & Commercial Property Consultants

LOCATION

Grimsby is the main commercial centre for North East Lincolnshire having a resident population approaching 100,000 although benefiting from a much larger surrounding catchment area. Grimsby is ideally situated with road connections to the A180 which in turn provides access to the M180, The Humber Bridge and in addition to the Humberside International Airport which is located approximately 14 miles to the south west. Grimsby is one of the largest ports in the country and is situated on the south bank of the Humber Estuary. The combined Humber Ports handle a large percentage of overseas trade (currently worth over £20 billion annually). The property is located on the easti side of Ladysmith Road, to the south-east of Grimsby town centre in what is essentially now a mixed use location. The area benefits from road access to the A46, A180/M180 and the national motorway.

DESCRIPTION

The property comprises of two large detached cold stores, together with a former packaging facility and ancillary two storey office accommodation, engineers workshop and ambient warehouses. The property was purpose built for the storage and packaging of frozen goods, although could lend itself to a variety of ambient warehousing uses. The property benefits from a large secure fully surfaced site having extensive frontage to Ladysmith Road with a security controlled access point.

ACCOMMODATION

The property provides the following approximate accommodation which has been measured on a gross internal area basis in accordance with the RICS Code of Measuring Practice.

GROUND FLOOR Main Office Cold Stores 1-10 Cold Store Plant Food Services Offices Food Services Mezzanine Re-Pack Warehouse Public Space Offices Cold Stores 11-16 Engineer’s Workshop Ambient Warehouse TOTAL ACCOMMODATION SITE AREA

The site also offers development opportunities for a range of alternative commercial and possible residential uses, subject to consent.

TENURE

  

Substantial freehold cold stores/ warehousing and ancillary industrial/office accommodation of 33,912 sq m (365,028 sq ft) approx. Site area of 5.46 Ha (13.5 acres) approx. Rare opportunity to purchase or lease the accommodation as a whole or in part. Possible redevelopment opportunities, subject to planning.

625.14 18,136.36 603.59 947.33 264.4 3,335.5 284.93 7,740.04 624.22 1,350.72 33,912.24

6,729 195,218 6,497 10,197 2,846 35,903 3,097 83,313 6,719 14,539 365,028

5.46 HA

13.5 Acres

The premises are available For Sale or To Let subject to the following terms and conditions.

FOR SALE



Sq ft

TERMS

The cold stores themselves benefit from being essentially clear span and have a large number of dock levelers with a canopy area. The cold stores can potentially provide approximately up to 32,000 pallet positions. There is a central cold store plant room which operates both cold stores and can run at -20/-21oc.

SUMMARY

Sq m

REPAIRS AND INSURANCE

The Tenant(s) will be required to enter into a full repairing and insuring lease upon the premises.

BUSINESS RATES

The Tenant will be responsible for the payment of business rates. Verbal enquiries with the Local Authority reveal that the property currently attracts a 2017 rateable value of £367,500 (Cold Store and Premises), which is subject to the current Uniform Business Rate in the pound. Interested parties are advised to confirm the accuracy of the above figures by contacting the Local Authority directly and also to ascertain whether transitional relief is applicable to the property or if the rateable value is under appeal.

EPC

D81 D82

COLD STORES 1-10

COLD STORES 11-16

A copy of the Certificate and Recommendation Report is available on request.

By negotiation.

CONTACTS We are advised that the premises are freehold and will be conveyed with the benefit of vacant possession upon completion.

TO LET RENT

By negotiation.

Duncan Willey 01724 294946 07710 344602 [email protected] Sam Fallowfield 01724 294942 07340 518003 [email protected]

LEASE TERM By negotiation.

PROPERTY MISREPRESENTATION, MISDESCRIPTION & FINANCIAL SERVICES ACTS PPH Commercial Limited for themselves and for their clients of this property, give notice that: (i) these particulars are a general outline only and do not constitute the whole or any part of an offer or contract; (ii) PPH Commercial Limited cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use or other details contained herein. Prospective purchasers or tenants must satisfy themselves as to their accuracy; (iii) no employee of PPH Commercial Limited has any authority to make or give any representation or warranty or enter into any contract in relation to the property; (iv) rents or prices quoted in these particulars may be subject to VAT in addition.

Date: December 2017 File Ref: 11959SI/1 Europarc, Innovation Way Grimsby North East Lincolnshire, DN37 9TT 01472 267513 pph-commercial.co.uk