Warehousing Complex Ermine Street, Barkston Heath Grantham, Ng32 3Qg
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brown-co.com WAREHOUSING COMPLEX ERMINE STREET, BARKSTON HEATH GRANTHAM, NG32 3QG FOR SALE / TO LET • 6 detached high-bay warehouses with a Gross Internal Area totaling approximately 225,324 square feet (20,933 square metres) • Total site area approximately 21 acres (8.50 hectares) • Located fronting the B6403 Ermine Street approximately 6 miles north of Grantham and 11 miles north of the A1 at Colsterworth • Suitable for all B8 warehousing and bulk storage uses PRICE £3,650,000 FREEHOLD RENT £400,000 P.A.X LEASEHOLD Granta Hall, 6 Finkin Street, Grantham, Lincolnshire, NG31 6QZ Tel 01475 514433 Fax 01476 594242 Email [email protected] Ermine Street, Barkston Heath ACCOMMODATION (all figures approx.) Subject to Contract In terms of Gross Internal Area the warehouses have the following LOCATION approximate areas: The warehouse complex is situated directly opposite RAF Barkston Heath with an Description Sq Ft Sq M extensive frontage to the B6403 Ermine Street Warehouse 1 27,317 2,538 which is located approximately 6 miles north Warehouse 2 27,275 2,534 of the town of Grantham and approximately Warehouse 3 27,373 2,543 11 miles north of the A1 at Colsterworth. Warehouse 4 27,357 2,542 The location offers excellent road links to the Warehouse 5 57,942 5,383 regional road network. Grantham is a large Warehouse 6 58,060 5,394 town located approximately 110 miles north of London, 20 miles east of Nottingham and Warehouses 1-4 comprise the older 25 miles south of Lincoln. The A1 runs accommodation with Warehouses 5 and 6 adjacent to the town and main line rail being those constructed circa 1990. The services to London Kings Cross are available total floor area offers approximately 225,324 with a journey time of approximately 70 square feet (20,933 square metres). minutes. PRE-EMPTION AGREEMENT DESCRIPTION A Pre-emption Agreement exists in favour of The property comprises 6 detached a previous owner of the site and premises warehouse buildings on a site of requiring any offers to acquire the property approximately 21 acres (8.50 hectares). to be submitted to this party who will then have 14 days from the date of notification Four of the buildings are believed to have to stipulate whether or not they wish to been constructed during the 1950’s and are reacquire the premises on equal terms to of steel portal framed construction with those offered. Further information in this uninsulated profiled metal and asbestos regard can be supplied by either of the elevations under an uninsulated profiled Joint Sole Agents. asbestos clad roof covering. These warehouses have an eaves height of PLANNING approximately 20 feet (6.10 metres) with A Certificate of Lawful Use exists in respect electronically operated roller shutter doors to of the 4 older warehouses for use under Use each frontage. Class B8. For further information in respect of allowable uses for these buildings and the The other two warehouses were constructed site, please contact the Planning circa 1990 and are of steel portal framed Department at North Kesteven District construction having insulated profiled metal Council. Tel: (01529) 414155. external elevations under a pitched and insulated roof covering and having eaves SERVICES heights of approximately 25 feet (7.50 We understand that mains electricity and metres) being accessed via electronically water are connected to the site. Drainage operated roller shutter doors. is understood to be to a private septic tank. Each of the warehouses is presented to a We would advise prospective good standard and benefit from purchasers/tenants to check the provision connections to mains electricity with and adequacy of the services believed to Halogen lighting fitted. be connected to the site prior to entering into a contract to purchase or a new lease. The site is served by internal roadways and benefits from a weighbridge facility, brick BUSINESS RATES built w.c. and shower block and a further Interested parties should make their own Portacabin office providing further kitchen enquiries in respect of Business Rates to and w.c. facilities. North Kesteven District Council: Tel: (01529) LEGAL COSTS 414155. Each party is to be responsible for their own legal costs incurred in any transaction DISPOSAL TERMS negotiated. We are offering the freehold interest in the entire site and premises to the market with JOINT SOLE AGENTS the benefit of vacant possession to be Brown & Co granted upon completion. Granta Hall 6 Finkin Street Alternatively, our clients will consider Grantham granting a new full repairing and insuring NG31 6QZ lease over the entire site for a minimum term Tel: 01476 514433 of 5 years or multiples thereof. Fax: 01476 594242 Email: [email protected] PRICE/RENTAL TERMS Contact: James Cameron The freehold interest in the site and premises Website: www.brown-co.com is offered at an asking price of £3,650,000. Ballantyne Property Consultants The leasehold interest in the site is available 23 Rosslyn Court at a commencing rent of £400,000 per Perth annum exclusive of VAT at the appropriate Scotland rate. PH2 0GY Tel: 07900 418579 VAT Email: [email protected] The price and rental terms quoted within Contact: Ben Ballantyne these marketing particulars are exclusive of Website: www.ballantynes.uk.com VAT at the appropriate rate. brown-co.com "Insert Map" "Insert Map" 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 month and year. B874 Printed by Ravensworth 0870 112 5306 London, UK & Overseas Offices egpropertylink.com .