Under Offer
| Property Type |
Industrial |
| Tenure |
For Sale |
| Size |
9,578 to 86,563 sq ft |
| Price |
Price on application |
| Business Rates |
£89,544 per annum Based on the government set Uniform Business Rate of £0.546 pence. |
| Service Charge |
n/a |
| Energy Performance Rating |
Upon enquiry |
WAREHOUSING / PRODUCTION SPACE - FOR SALE FREEHOLD (Breakup / Refurbishment / Redevelopment Opportunity)
Key Points
- Established location southwest of Nottingham City Centre & close to Junction 25 M1 and A52 (Brian Clough Way)
- Large secure site with extensive yard + buildings with a site coverage of 35%
- Historic planning application approved for 2 new warehouses and part retention
- Significant redevelopment / refurbishment potential
Description
The site extends to approximately 5.1 acres and includes two main production spaces with offices, associated outbuildings and a secure storage yard/space to the rear. There is a single access point from Palmer Drive and the site operates a one-way system for collection / unloading. Extensive car parking spaces are available to the front of the site.
The original warehouse was constructed in the 1970s, with a more modern warehouse built in 2005 to a better specification. To the rear of the site is a terrace of original garage buildings which have been part refurbished and are currently used for the e-commerce aspect of the current occupiers business.
The site is secure, broadly level and cut into the hillside to the northeast corner with a concrete retaining wall and concreted yard.
The buildings are currently operational and occupied for packaging, storage, and distribution. It is expected vacant possession will be provided End Q1 2025.
It is understood that there is an established planning use class of B1 (Light industrial, B2 (General industrial) and B8 (warehouse) use.
For details on specification - please review the marketing brochure attached to this page.
Available area
The accommodation comprises the following areas:
| Building - Warehouse / Production / Storage |
47,327 |
4,396.82 |
Available |
| Ground - Offices (canteen, meeting rooms, changing) |
3,397 |
315.59 |
Available |
| 1st - Offices (boardroom, private offices, storage space) |
6,139 |
570.33 |
Available |
| Building - Modern (2005) detached Warehouse |
20,122 |
1,869.39 |
Available |
| Building - E-Commerce Warehouses |
9,578 |
889.83 |
Available |
| Total |
86,563 |
8,041.96 |
|
Location
The site as shown coloured red on the adjacent image extends to c.5.1 acres and is located at the head of Palmer Drive. The location is largely a commercial / industrial area, southwest of Nottingham City Centre (approximately 5 miles).
The site is located within approximately 3 miles of the M1 (Junction 25), with a vehicular access route through Stapleford (shown adjacent in yellow) for motorway access. A52 access for Nottingham / Derby is available in two equidistant locations (East & West) – both 5 minutes’ drive.
The aerial view within the marketing brochure details the largely industrial nature of the immediate surrounding occupiers including UPS, Autoreel, Champion Hire and Eagle Scientific as well as the DB Cargo ‘Rail’ base at Toton.
East of the site’s boundary is Archers Field Recreation Ground, providing a park for the surrounding houses. The park and allotments form a natural barrier between the commercial/industrial use and the houses.
Anti-money Laundering
Please note: in accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (as amended in 2019), we may be required to complete AML checks on all parties involved in the transaction and where appropriate an information document will be issued.
