MAJOR REDEVELOPMENT/REFURBISHMENT OPPORTUNITY

Page created by Joanne Todd
 
CONTINUE READING
MAJOR REDEVELOPMENT/REFURBISHMENT OPPORTUNITY
SUMMERHOUSE ROAD/ANGLIA WAY • MOULTON PARK • NORTHAMPTON • NN3 6JA
                                                                                                          TDB
MAJOR REDEVELOPMENT/REFURBISHMENT OPPORTUNITY
SUITABLE FOR INDUSTRIAL/WAREHOUSE/OFFICE USES (SUBJECT TO THE REQUIRED CONSENTS)

• COMPRISES TWO DETACHED OFFICES BUILDINGS PROVIDING 4 INDIVIDUAL SELF-CONTAINED OFFICES
• TOTAL EXISTING FLOOR AREA 24,015 SQ FT APPROX
• TOTAL SITE AREA 2.20 ACRES APPROX
• EXISTING CAR PARKING PROVISION CIRCA 160 SPACES (1:150 SQ FT)
• ADJACENT TO NATIONWIDE BUILDING SOCIETY REGIONAL HQ AND MAJOR NEW INDUSTRIAL WAREHOUSE DEVELOPMENT

OF INTEREST TO INTEREST TO DEVELOPERS / INVESTORS / OWNER OCCUPIERS
FOR SALE FREEHOLD - OFFERS INVITED FOR THE FREEHOLD INTEREST
                                                                                                           NEXT
MAJOR REDEVELOPMENT/REFURBISHMENT OPPORTUNITY
UNITS 1 & 2 SALLOW ROAD | CORBY | NORTHAMPTONSHIRE | NN17 5JX TDB
       SUMMERHOUSE ROAD/ANGLIA WAY | MOULTON PARK | NORTHAMPTON | NN3 6JA

                                                                     MOULTON         A43
                         A428                                A14      PARK           KETTERING

                                     A428
                                     RUGBY
                                                   SUMMERHOUSE ROAD/
                                                       ANGLIA WAY
                                                                                           A43                                          LOCATION
                                                                                                    A4500
                                                                                                                                        The site/buildings are situated fronting Summerhouse Road/Anglia Way on the Moulton
                                                            A508
                                                 A428
                                                                                                        A45
                                                                                                                                        Park Industrial Estate, one of the town’s key employment areas, and is home to a number
                                                                                                        WELLINGBOROUGH
                                                                                                                                        of major occupiers such as Nationwide Building Society, Horiba, Winvic Construction and
                                                         NORTHAMPTON                                                                    Greencore.
                                                                                       A45
                             A4500                                                                                                      Moulton Park is approximately 4 miles north east of Northampton town centre. All main
 A45      16                                                                                                                            banking and shopping facilities can be found a short distance away in Kingsthorpe and
                                                 A5123
                                                                                             A428                                       Weston Favell.
                                                                                                            A428
                              M1                                           A45                              BEDFORD
                                                             A508
                                                                                                                                        Northampton is located in the heart of England, its central location offers excellent
                                                                                                                                        communication links, with three junctions of the M1 motorway (15, 15A and 16) all
                                                                                                                                        providing easy links to Birmingham in the north, and London to the south. The A14 is
                                                               A45                                                                      located approximately 10 miles to the north and provides access to the east coast ports.
                                                                                                                                        The town benefits from a good train service to London Euston and Birmingham New
                                             A43                                                                                        Street, both less than one hour away.
                                                               15

                                     TOWCESTER
SAT NAV: NN3 6JA                     & OXFORD                                                           CLICK TO VIEW GOOGLE MAPS
                                                                                                                                        CONNECTIONS
                                                                                                                                        ROAD
                                                                                                                                        Northampton Town Centre               4 miles
                              BOUGHTON LN                                                                                               Northampton Train Station             5 miles
                                                                                                                         KETTERING /
                                                                                                                           A14 J8 ⬆     Junction 15 M1                        9 miles
                                                                                                                                        Junction 16 M1                        7 miles
                             A5076                                               MOULTON
                                                                                                                                  A43   Milton Keynes                        17 miles
                                                                                                                                        Birmingham                           57 miles
 SUMMERHOUSE
    ROAD                   MOULTON PARK
                                                                                                                                        London                               65 miles
                                                                                                 TALAVERA WAY
                         INDUSTRIAL ESTATE

                                                                                                            A5123
                                                                                                                                        RAIL
                                                                                                                                        Milton Keynes                       14 mins
                ANGLIA WAY                                                                                                              Coventry                            33 mins
                                                                   A5076                                                                London Euston                       46 mins
                                                                                   MOULTON WAY
                                                                                                                                        Birmingham Int.                     48 mins
                   SUMMERHOUSE ROAD/                                                                                  A45
                                                                                                                              A43       Birmingham New St.                  61 mins
                       ANGLIA WAY
                                                                                                                      3.5 MILES
                                                                                                                                        Manchester                    2 hours 2 mins
                                                                                                                             A45 /
                                                                                                                            M1 J15 ⬇

       PR INT                                                                                                                                                                                        PREVIOUS            NEXT
MAJOR REDEVELOPMENT/REFURBISHMENT OPPORTUNITY
UNITS 1 & 2 SALLOW ROAD | CORBY | NORTHAMPTONSHIRE | NN17 5JX TDB
SUMMERHOUSE ROAD/ANGLIA WAY | MOULTON PARK | NORTHAMPTON | NN3 6JA

“SITUATED FRONTING SUMMERHOUSE ROAD/ANGLIA WAY ON THE
  MOULTON PARK INDUSTRIAL ESTATE, ONE OF THE TOWN’S KEY
  EMPLOYMENT AREAS”

                                                                     PROPOSED NEW INDUSTRIAL/
                                                                     WAREHOUSE DEVELOPMENT

                                                                     NEW INDUSTRIAL/WAREHOUSE UNIT
                                                                              50,350 SQ FT
                                                                               (GAZELEY)

PR INT                                                                                  PREVIOUS     NEXT
MAJOR REDEVELOPMENT/REFURBISHMENT OPPORTUNITY
UNITS 1 & 2 SALLOW ROAD | CORBY | NORTHAMPTONSHIRE | NN17 5JX TDB
SUMMERHOUSE ROAD/ANGLIA WAY | MOULTON PARK | NORTHAMPTON | NN3 6JA

DESCRIPTION
The opportunity will comprise two vacant two storey detached office buildings (subject to the
expiry of the existing leases), currently providing 4 self contained offices, known as Welton
House (North & South), Opus House and Envirotest House.
All are constructed of brick beneath pitch tile roofing, with aluminium framed windows, with
all benefiting from a highly generous on-site car parking provision, totalling 160 spaces (1:150
sq ft) over the total site. The potential for further improvement of the car parking provision is                                                                                      ouse
                                                                                                                                                                              Welton H
offered, subject to the necessary consents.                                                                                                                                      (North)

                                                                                                                                                 Envirote
                                                                                                                                                   House
Envirotest House and Welton House have undergone some refurbishment. The opportunity

                                                                                                                                                                                                                  SUMMER
exists for the refurbishment and potential subdivision of Opus House, subject to the necessary

                                                                                                                                                          st
consents.

                                                                                                                                                                                                                        HO
                                                                                                                                                                                                                     USE RO
                                                                                                                                                                                              Welton H
ACCOMMODATION

                                                                                                                                                                                                 (South)

                                                                                                                                                                                                                            AD
The approximate Net Internal floor areas are outlined are for guidance purposes. Prospective

                                                                                                                                                                                                      ouse
Purchasers must satisfy themselves as to their accuracy.                                                                            Opus Hou
                                                                                                                                            se

    Building                                                 sq ft                 sq m

    Welton House (North)           Ground Floor              2,250                209.03
                                   First Floor               2,455                228.08
                                                                                                                                                                        WAY
                                   Sub-Total                 4,705                437.11                                                                       ANGLIA

    Welton House (South)           Ground Floor              2,510                233.19
                                   First Floor               2,510                233.19                                                                                           For indicative purposes only
                                   Sub-Total                 5,020                466.37

    Opus House                     Ground Floor              4,815                447.33
                                   First Floor               4,955                460.34
                                                                                                    THE REDEVELOPMENT OPPORTUNITY
                                   Sub-Total                 9,770                907.66
                                                                                                    The opportunity for demolition of the existing buildings and redevelopment of the site for
    Envirotest House               Ground Floor              2,260                210.15            industrial/warehouse units is offered, subject to the required consents.
                                   First Floor               2,260                210.15            Interested parties must satisfy themselves as to the accuracy of the assumed development
                                   Sub-Total                 4,524                420.30            densities.
                                                                                                    A copy of a Phase 1 Environmental Report including a Utilities Plan is available upon request.
    Total                                                   24,015               1,811.15

Total Site Area - 2.20 acres or thereabouts.

PR INT                                                                                                                                                                         PREVIOUS                      NEXT
MAJOR REDEVELOPMENT/REFURBISHMENT OPPORTUNITY
UNITS 1 & 2 SALLOW ROAD | CORBY | NORTHAMPTONSHIRE | NN17 5JX TDB
SUMMERHOUSE ROAD/ANGLIA WAY | MOULTON PARK | NORTHAMPTON | NN3 6JA

THE REDEVELOPMENT OPPORTUNITY                                                                              TOWN AND COUNTRY PLANNING
The opportunity for demolition of the existing buildings and redevelopment of the site for industrial/     All buildings have been used as offices in accordance with Use Class B1a of The Town
                                                                                                                                                                                Rev   Date     By   Description

warehouse units is offered, subject to the required consents.                                              and Country Planning (Use Classes) Order 1987.
Indicative redevelopment layout options are for information purposes only.                                 Given that Moulton Park is a well established industrial estate, and that planning
A copy of a Phase 1 Environmental Report including a Utilities Plan is available upon request.             permissions have recently been granted for B1,B2 and B8 uses on nearby sites, it is
                                                                                                           anticipated that a planning permission for demolition and redevelopment for these uses
Indicative layout GIA floor areas (approx), assuming 35m service yards and dock level access               should be looked upon favourably.
doors (where applicable).
                                                                                                           Prospective purchasers should satisfy themselves in this respect however by contacting:
 Unit                                                                 Total sq ft          Total sq m      The Planning Dept, West Northampton Council - 0300 126 7000
 Unit 1 (Option 1)                                                        32,185             2,990
 Unit A (Option 2)                                                        14,846             1,379
 Unit B                                                                   14,846             1,379
                                                                          29,692             2,758
                                                                                                                                                                                                    INDICATIVE LAYOUTS ONLY

  OPTION 1                                                                                               OPTION 2

                                                                                                                                                                                                        U n it B
                                                                                                                                                                                                                                           ft²
                                                                                                                                                                                                                                / 13,72 1
                                                                                                                                                                                                                    1,275 m²                25 ft²
                                                                                                                                                                                                         Unit GIA:                m² / 1,1
                                                                                                                                                                                                                      GIA: 104
                             U n it 1                                                                                              U n it A                                                              1S t Of fice                 14 6 ft²
                                                                                   31766

                                                                                                                                                                                                                                        ,84
                                                                                                                                                                                                                    A: 1,3 79 m² /
                                                                ft²                                                                                                   ft²                                 To tal GI
                                                     / 29,90 1                                                                                             / 13,72 1                                                              ors
                                        2,778 m²                 84 ft²                                                                        1,275 m²                25 ft²                                          cess Do
                             Unit GIA:                 m² / 2,2                                                                    Unit GIA:                 m² / 1,1                                     2 Leve l Ac             Spac es
                                          GIA: 212                      95012                                                                    GIA: 104                                                              d Tr ailer
                             1S t Of fice                     ,18 5 ft²                                                            1S t Of fice                     ,84 6 ft²                              4 Require               Car Spac
                                                                                                                                                                                                                                               es
                                            2,990 m²
                                                         / 32
                                                                                                                                                      79 m² /
                                                                                                                                                                 14                                                   Re quire d
                              To ta l GI A:
                                                                                                                                    To tal GI  A: 1,3                                                      14 To tal                  He ight
                                                       ors                                                                                                                                                       m  Cle ar Haunch
                                            cess Do                                                                                                          ors                                            6.0
                                                                                                                                                  cess Do
                              3 Leve l Ac                                                                                                    l Ac

                                                                                                                                                                                                                                 55871
                                                                                                                                    2 Le ve
                                                       Spac es                                                                                               Spac es
                                            d Tr ailer                                                                                            d Tr ailer
                               7 Require                Car Spac
                                                                    es                                                               4 Require                Car Spac
                                                                                                                                                                          es
                                          Re quire d                                                                                             Re quire d
                               30 To tal                   He ight                                                                   14 To tal                   He ight
                                      m Cle  ar Haunch                                                                                     m   Cle ar Haunch
                                8.0                                                                                                   6.0

                                                                                                                                                            55871
                                                                                                                                                                                                                               26605
                                                                                                                                                                                       30000

                                                                                                                                                          26605

                                                                                                                           30000
                                                   35000

                                                                                                                                                                                  Notes

                                                                                                                                                                                  Ordanance Survey and Topographical Survey
                                                                                                                                                                                  Data licensed from Site Vendor.

                                                                                                                                                                                  All levels and retaining strucures subject to cut
                                                                                                                                                                                  and fill analysis by engineer.

                                                                                                                                                                                  Infrastructure works and landscape design subject
                                                                                                                                                                                  to detailed design by specialist consultants.

                                                                                                                                                                                  To be read in conjunction with Developm ent
                                                                                                                                                                                  Framework Plan & Schedule

PR INT                                                                                                                                                                          W aterfront House
                                                                                                                                                                                                                           PREVIOUS                  NEXT
                                                                                                                                                                                2a Smith W ay
MAJOR REDEVELOPMENT/REFURBISHMENT OPPORTUNITY
UNITS 1 & 2 SALLOW ROAD | CORBY | NORTHAMPTONSHIRE | NN17 5JX TDB
SUMMERHOUSE ROAD/ANGLIA WAY | MOULTON PARK | NORTHAMPTON | NN3 6JA

                                                                                                                                                                                                                                          CLICK HERE TO VIEW PHOTO GALLERY

VAT                                                                                                                       BUSINESS RATES                                                                                                                                            VIEWING
VAT treatment to be considered closer to completion,                                                                      The rateable value for the existing buildings are:-                                                                    Viewing and further information strictly via the sole agents.
dependant on tenancy status.                                                                                              Envirotest House – £31,500
                                                                                                                          Opus House – £65,500                                                                                                                CHRIS DRUMMOND / OLIVER THOMPSON
                                                                                                                          Welton House (North) – £44,750
LEGAL COSTS                                                                                                               Welton House (South) – £36,750
Both parties to pay their legal costs.
                                                                                                                          PRICE
EPC                                                                                                                       The property is for sale freehold. Offers are invited for the
The EPC ratings for the current buildings are:-                                                                           freehold.

Envirotest House – D84
Opus House – D85                                                                                                          TENURE
Welton House (North) – D85                                                                                                Welton House is subject to two occupational leases expiring                                                                                              www.tdbre.co.uk
Welton House (South) – C54                                                                                                on the 22/08/2021 (South), and 10/06/2021 (North).
                                                                                                                          Vacant possession will be provided on completion, or subject                                                                                                chris@tdbre.co.uk
                                                                                                                          to the remaining lease terms by agreement.                                                                                                                  oliver@tdbre.co.uk

DISCLAIMER: TDBRE for themselves and for the vendors or lessors of the property whose agents they are give notice that, (i) these particulars are given without responsibility of TDBRE or the Vendors or Lessors as a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract; (ii) TDBRE
cannot guarantee the accuracy of any description, dimension, references to condition, necessary permissions for use and occupation and other details contained herein and any prospective purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the accuracy of each of them;
(iii) no employee of TDBRE has any authority to make or give any representation or enter into any contract whatsoever in relation to the property; (iv) VAT may be payable on the purchase price and / or rent, all figures are exclusive of VAT, intending purchasers or lessees must satisfy themselves as to the applicable VAT position, if necessary by taking appropriate
professional advice; (v) TDBRE will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars. 04/21

© 2021       Wells Design Partnership | All rights reserved | www.wells-design.co.uk

PR INT                                                                                                                                                                                                                                                                                                                   PREVIOUS
MAJOR REDEVELOPMENT/REFURBISHMENT OPPORTUNITY MAJOR REDEVELOPMENT/REFURBISHMENT OPPORTUNITY MAJOR REDEVELOPMENT/REFURBISHMENT OPPORTUNITY MAJOR REDEVELOPMENT/REFURBISHMENT OPPORTUNITY
You can also read