The 105,031 sq ft warehouse was built in the 1990s and comprises a large, steel framed warehouse in three bays. The elevations are brick to a height of 2.5m with cladding above. The roof is pitched with insulated metal cladding. Minimum eaves height of 7.6m with a mezzanine height of 3.0m. There are partitioned offices and further storage areas on the ground floor.
There are ten dock levellers on one side of the property and one on the opposite side. On the HGV loading side access is controlled through a security barrier. To the front there is parking for 97 cars also with a barrier entrance. The total site area is 5.58 acres equating to a site coverage of approximately 40%.
The property is located on the Manton Wood Enterprise Park which is a well located, large industrial estate approximately 0.5 miles from junction 27 of the M1. Other tenants include Eddie Stobbart, Prolog, Surepak and Autofil.
Tenure: Long leasehold for 299 years at a peppercorn rent.
Structure
The property was part of the Sapphire Portfolio (Part). See ‘Sapphire Portfolio (Part)’ section for further details.
Asset Management/Value-Add
Successfully negotiated dilapidations claim with outgoing tenant.
