The freehold property, which totals 54,893 sq ft, comprises a large detached warehouse with offices built in the late 1980s/early 1990s. The construction is steel frame with a pitch steel roof, the elevations are a combination of steel cladding and brickwork. The warehouse eaves height is 6.0m. Loading is available from three sides of the building, the main loading yard is to the north west corner. The total site area is 2.68 acres equating to 47% site coverage.
Heapham Industrial Estate, which is well established and the newer of Gainsborough’s two industrial estates, lies to the south of the A361 dual carriageway. The estate was first developed during the 1980s/early 1990s and has expanded gradually over the past 20 years.
The unit is the HQ of R H Smith & Sons (Wigmakers) Ltd who have a lease expiring 2021. The company is an international distributor of fancy dress clothing and wigs.
Structure
The property was part of the Sapphire Portfolio (Part). See ‘Sapphire Portfolio (Part)’ section for further details.
