FOR SALE DUE TO RELOCATION Princes Limited, Lord North Street, Newton Heath, , M40 2HJ AVAILABLE FROM EARLY 2020 (AVAILABLE ■ Existing commercial complex sitting on a Total Site Area of approximately 4.29 acres AS A WHOLE OR ALTERNATIVELY AS TWO (1.736 Ha) providing a Total Gross Internal Floor Area of approximately 108,111 sq ft INDIVIDUAL SITES) (10,043.8 m sq) located in a popular commercial quarter of Manchester FOR SALE DUE TO RELOCATION Princes Limited, Lord North Street, Newton Heath, Manchester, M40 2HJ

DESCRIPTION

The property comprises of a commercial complex sitting on a Total Site of approximately 4.29 acres(1.736 hectares), which is only offered for sale due to the relocation of the existing business by Princes Limited.

The property provides accommodation with a Total Gross Internal Floor Area of approximately 108,111 ft sq (10,043.8 m sq) arranged over two sites that are currently linked by way of a tunnel arrangement that runs under the railway line and which dissects the two sites, defined in these particulars as Site A and Site B.

HALLSGB.COM 01743 450 700 FOR SALE DUE TO RELOCATION Princes Limited, Lord North Street, Newton Heath, Manchester, M40 2HJ

SITE A

Site A as shown edged red on the plans that are included within these particulars is situated at the junction of Lord North Street with Grimshaw Lane. It provides a Total Site Area of approximately 1.97 acres(0.797 hectares).

The site provides accommodation with a Total Gross Internal Floor Area of approximately 45,469 ft sq (4,224.2 m sq). The accommodation provides a variety of office and warehouse/ workshop accommodation.

To the elevation of the site, which fronts onto Grimshaw Lane on the North East side of the site, there is office accommodation with a rear warehouse/workshop accommodation attached. The warehouse has eaves heights ranging from 3.6 metres to 5.4 metres.

The buildings benefit from a variety of dock levellers providing access to the commercial part of the premises. There is also a first floor section to the property structure which is currently arranged to provide a canteen and store.

Access to the site is from Lord North Street with the access to the external areas that are used for car parking and circulation.

HALLSGB.COM 01743 450 700 FOR SALE DUE TO RELOCATION Princes Limited, Lord North Street, Newton Heath, Manchester, M40 2HJ

SITE B

Site B as shown edged blue on the plans that are included within these particulars is located at fronting onto Lord North Street. It provides a Total Site Area of approximately 2.32 acres (0.94 hectares). The site provides accommodation with a Total Gross Internal Floor Area of approximately 62,642 ft sq (5,819.6 m sq).

The accommodation provides a variety of warehouse/workshop accommodation with an eaves height ranging from 3.624 metres to 6.45 metres. There are a variety of dock levellers and the access to the site leads to external areas used for car parking and circulation.

Access to the site is via two access points from Lord North Street with these providing access to external areas used for circulation. Within the site there are a variety of outbuildings.

TUNNEL

Sites A and B are currently linked by way of a tunnel under the railway line as shown edged yellow on the plans that are included within these sales particulars.

Note The sites can be acquired separately or as a whole, details of the tenure that exists relating to the tunnel arrangement between the two sites is outlined below under the heading tenure within these particulars. The buildings within the complex are of a variety of construction types and ages.

CAR PARK The areas shown edged green on the plans that are included in the particulars comprises of car parking areas currently used by Princes Limited. These areas are rented from who has indicated a willingness to work with prospective purchasers on terms to be agreed.

HALLSGB.COM 01743 450 700 notes

! This drawing is based on the RPS topographical survey drawing number UAD3006_D dated October 2011.

! Reference should be made to the above drawing for notes regarding the accuracy, limitations and use of this information.

FOR SALE DUE TO RELOCATION Princes Limited, Lord North Street, Newton Heath, Manchester, M40 2HJ

Lock 76 Slaters Lower

Stepped access to canal bank Canopy over Emergency Trans. Sub Exit Point Station Walkway between Covered Walkway Plant sites passes under rail bridge Trans.

Covered Walkway

Plant Plant Store Plant

Store

Office Main Entrance Production and Distribution Buildings

Plant

Silos Production, Distribution

and Office Building Car Park 25 Spaces

Service Yard LANE GRIMSHAW

Cold Store

Network Rail Lines

Silos

Railway Embankment

Loading Loading Dock Dock Silos Silos

Service Yard

Tanker Gantry Service Yard Store Temporary Warehouse Service Yard Security Office Silos Service Yard

Store

Store Ramp Up Gas supply Sliding gate Sub Laboratory & Testing Barrier Station valve Stepped access to Gates Gates Sub Station Gates Network Rail land Pedestrian Pedestrian Pedestrian Access Point Access Point 'Upper Site' Vehicular Access Access Point 'Lower Site' Vehicular 'Lower Site' Vehicular 'Lower Site' Vehicular Pedestrian (Controlled) (Controlled) Point (Controlled) Access Point A Access Point B Access Point C Access Point

LORD NORTH STREET

Staff Car Park (Leased Land)

75 Car spaces & 20 cycle / motorcycle spaces PL1 Planning submission issue PS CT 06.01.12 PL0 Issued for Client comments PS CT 16.12.11 revisions PLANNING PENWORTHAM STREET

WEDGEWOOD STREET Commercial Vehicle Park (Leased Land) STREET CLIFTON the church studio springvale road sheffield S10 1LP 5 No. HGV spaces T +44 (0)114 266 2040 E [email protected] F +44 (0)114 268 7021 W www.bondbryan.com Existing Site Plan D - design PL - planning PT - pre-tender T - tender P - preliminary C - construction R - record

PRINCES LTD

Manchester Site Redevelopment Lord North Street Manchester

Existing Site Plan

N scale date drawn checked 10-102

1:250 @ A0 27.10.11 PS CT HALLSGB.COM 01743job no uniclass 450 cat. - dwg no revision 700

10-102 G01 003 PL1 G01 003

This drawing is © Bond Bryan Architects Ltd. If in doubt ASK. Drawing measurements shall not be obtained by scaling. Verify all dimensions prior to construction. Immediately report any discrepancies on this drawing to Architect. This drawing shall be read in conjunction with 0 10 20 30 40 50 associated specifications and related consultant's documents. FOR SALE DUE TO RELOCATION Princes Limited, Lord North Street, Newton Heath, Manchester, M40 2HJ

SITUATION

The property is prominently located at the junction of Lord North Street and Grimshaw Lane in the area of known as Newton Heath. Newton Heath is an established commercial area located approximately 2.8 miles north east of with a population of 9,883 at the 2011 census. Newtown Heath forms part of the Metropolitan County of Greater Manchester.

Newton Heath is the subject of a significant degree of regeneration and is at the forefront of Manchester’s New Media Industry following the development of the Sharp Project off Road. The surrounding commercial occupiers include Johnson and Johnson and Manchester Council’s Works Depot.

The property abuts the Rochdale Canal to the northern boundary of the site and the property is located within easy access of the A62 that provides access to the M60.

Newton Heath is located approximately 3.5 miles south of the M60(The Orbital Motorway serving Greater Manchester), which provides access to the National Road network. The area is approximately 1 mile to Liverpool 34 miles of the Etihad an area that is under considerable regeneration. Manchester to 209 miles Manchester to Birmingham 87 miles The Metropolitan County of Manchester of which the property forms part is the main City serving the North West and had a population of Manchester Station 2 miles 2,798,800 as at the 2017 mid year estimate. The City benefits from , which is the third busiest airport in the United Manchester Airport 11 miles Kingdom and also benefits from a Metrolink serving the town centre. Manchester is a well established important commercial centre in the north west.

HALLSGB.COM 01743 450 700 FOR SALE DUE TO RELOCATION Princes Limited, Lord North Street, Newton Heath, Manchester, M40 2HJ

TENURE

The sites are offered for sale with vacant Possession in early 2020.

SITE A

Site A is of Freehold Tenure and is held under Title Number LA8922.

SITE B

Site B is of part Freehold Tenure under Title Number LA32781 and part Long Leasehold being a 999 years from 25th December 1916 at a peppercorn under Title Number GM744207.

The Tunnel that links Sites A and B is via an existing licence arrangement from Network Rail and the car parking areas is via existing lease arrangements. Further details are available from the selling agents upon request.

The vendors maybe, in principle, willing to give consideration to a sale and leaseback arrangement for the site with a lease term up to early 2020 on terms to be agreed via a peppercorn rent arrangement.

Further details available from the selling agents upon request.

HALLSGB.COM 01743 450 700 FOR SALE DUE TO RELOCATION Princes Limited, Lord North Street, Newton Heath, Manchester, M40 2HJ

PLANNING

Prospective purchasers should make their own enquiries to the Local Planning Authority. The property is located in Manchester City Council.

The planning contact for this site at Manchester City Council is as follows:

Mr E Smith, Strategic Development Director [email protected]

The site is understood to benefit from planning consent for commercial uses falling within Use Class B of The Town and Country Use Classes Order 1987.

The surrounding area is currently the subject of significant inward investment and development and the site may lend itself to alternative uses, subject to the receipt of the relevant statutory consents.

LOCAL AUTHORITY

Manchester City Council, Manchester, M60 2LA 0161 234 5000

HALLSGB.COM 01743 450 700 FOR SALE DUE TO RELOCATION Princes Limited, Lord North Street, Newton Heath, Manchester, M40 2HJ

SERVICES

(Not tested the purchasers should rely on their own enquiries) Prospective purchasers should note that Sites A and B benefit from separate mains service connections. The services to each site are understood to be as follows:

SITE A

Mains water, electricity, gas and drainage. There is one Substation within the site which is understood to provide a capacity of 100 KVA

SITE B

Mains water, electricity, gas and drainage. There are three substations within the site, which are understood to provide a capacity of 200 KVA

Further details relating to services are within the information available from the selling agents upon request.

HALLSGB.COM 01743 450 700 FOR SALE DUE TO RELOCATION Princes Limited, Lord North Street, Newton Heath, Manchester, M40 2HJ

PRICE

SITE A

Offers are invited in the region of £1,600,000 (One million and six hundred thousand pounds) exclusive.

SITE B

Offers are invited in the region of £2,200,000 (Two million and two hundred thousand pounds) exclusive.

TOTAL SITE

Offers are invited in the region of £3,800,000 (Three million and eight hundred thousand pounds) exclusive.

SCHEDULE OF PLANT AND MACHINERY

A detailed inventory of plant and machinery that will be removed from the property upon completion, is available from the selling agents upon request.

INFORMATION PACK

An information pack relating to the property is available to prospective purchasers upon request from the selling agents. This pack includes plans relating to the premises, service information and asbestos surveys and other intellectual information.

HALLSGB.COM 01743 450 700 FOR SALE DUE TO RELOCATION Princes Limited, Lord North Street, Newton Heath, Manchester, M40 2HJ

RATEABLE VALUE

Prospective purchasers are recommended to make their own enquiries. From our internet enquiries we understand this is as follows.

Rateable Value 2017/2018 : £252,500 Rates payable 2017/2018: £120,948

This rating assessment is for sites A and B as a whole.

EPC

Site A D Site B E

LEGAL COSTS

Each party is to be responsible or their own legal costs in respect of the sale of the property.

FINANCIAL ACT

Any intending tenant should satisfy themselves independently as to VAT in respect of the transaction.

It is understood that the property is elected for VAT.

All figures in these particulars are quoted exclusive of VAT.

HALLSGB.COM 01743 450 700 DUE TO RELOCATION FORFOR SALE SALE DUE TO RELOCATION Princes Limited, Lord North Street, Newton Heath, Manchester, M40 2HJ

VIEWING Strictly by prior arrangement with the sole selling agents. For more information or to arrange a viewing please contact: James Evans James07792 222 Evans 028 07792E: [email protected] 222 028 E: [email protected] Huw Bevan 07795 486 267 HuwE: [email protected] Bevan 07795 486 267 E:Sarah [email protected] Davies 01743 450715 [email protected] Davies 01743 450715

IMPORTANT NOTICE Halls have advised their clients on the Code of Practice for Commercial Leases in and Wales. to make or give any representation or warranty whatsoever in relation to the property. iv) The images show only certain parts Halls, for themselves and for the vendor of this property, or as the case may be, lessor whose agent they are, given notice that: and aspects of the property at the time they were taken/created. Any areas, measurements or distances given are approximate i) These particulars are intended for guidance only. They are prepared and issued in good faith and are intended to give a fair only. Any plans are for identification purposes only. v) Any reference to alterations to, or use of, any part of the property is not description but do not consitute part of an over or contract. Any information given should not be relied on as a statement or a statement that any necessary planning, building regulations or other consent has been obtained. An intending purchaser representation of fact or that the property or its services are in good condition. ii) Halls have not made any investigations into must verify these matters. An occupier should not rely upon the Use stated in these particulars and should check their the existance or otherwise of any issues concerning pollution and potential land, air and water contamination. The purchaser proposed use with the relevant Planning Authority . is responsible for making his or her own enquiries in this regard. iii) Neither Halls nor any of their employees has any authority