Commercial Property for sale

Macketts Lane, Hale Common

POA

Property Description

Key features

  • Commercial Buildings, Offices, Yardage and Biomass Plant
  • Semi-rural location
  • Total site area of 2.5 acres (1 hectare)
  • Previously used for food manufacturing, processing and distribution
  • Biomass boiler generating RHI subsidy and providing heat to a number of the buildings
  • Additional 5 bedroom farmhouse available by separate negotiation
  • Dairy Building: EPC C
  • Workshop EPC: G
  • Biscuit Factory: EPC D

Full description

Tenure: Freehold

DESCRIPTION Commercial Buildings, Offices, Yardage, and Biomass Plant all located in a semi-rural location.

Previously used for food manufacturing, processing and distribution, the site provides an extensive range of commercial property. There is a biomass boiler generating RHI subsidy and providing heat to a number of the buildings.

Total Site Area of 2.5 acres (1 hectare)

Additional 5 bedroom farmhouse available by separate negotiation.

Offices • Toilet Block • Dairy Processing Unit • Cold Store and Laboratory • Biscuit Factory and Warehouse • Workshop • Yardage • Biomass Boiler • Land

For sale by private treaty
Southampton 1 hour by ferry | Portsmouth 45 minutes by ferry
Southampton 25 minutes by foot | Portsmouth Harbour 22 minutes by foot | Southsea 10 minutes by hovercraft
Trains to London Waterloo in 1 hour 36 minutes from Portsmouth Harbour and 1 hour 19 minutes from Southampton 

THE COMMERCIAL BUILDINGS Offices: two separate office areas, storeroom and kitchen area within buildings 3 and 4.

Toilet Block: 3.0m x 6.9m-communal toilets serving office and all other buildings on site.

Dairy Processing Unit: 27.6m x 13.8m (milk store measuring 4.25m x 8.1m to western elevation). Previously used for milk processing and cold storage with access via roller shutter doors.

Cold Store and Laboratory: 23.1m x 8.0m-previously used for milk processing and cold storage with access via roller shutter doors. Inclusive of lean-to milk reception and cleaning station - concrete block and flat tin roof with two externally located milk silos of 25,000 litres capacity each.

Biscuit Factory and Warehouse: 30.65m x 15.1m- includes inter-nal insulated cold store area approximately 35m². Internal toilet and washroom. Small mezzanine office area approximately 20m². This is let under a tenancy agreement to the Vendors which runs until 1st June 2018.

Workshop: 18.4m x 13.7m-Lean-to area including small basic office. Built in vehicle inspection pit.

Hardstanding: metalled hard-standing area licenced for heavy goods vehicle parking for 12 vehicles - approximately 350m².

Biomass Boiler: 199KW wood-pellet fuelled biomass boiler unit with district heating loop to two dwellings, office and buildings 3 and 4. Registered with OfGem for RHI payments until 27/03/2035 currently at 6.80p/kWh subject to annual RPI review.

Land: In addition to the buildings, access, hardstanding and yard-age, there are approximately 1.24 acres (0.50 hectares) of land 

METHOD OF SALE The property is offered for sale by private treaty. 

SERVICES There is mains water connected to all the buildings and a 3 phase electricity connection to the buildings. Heating for the office, dairy building and biscuit factory is provided by the biomass boiler. There is a 600kVA substation on site. 

TENURE The property is being sold freehold.
There is one tenant:
1. The Biscuit Factory will be subject to a lease on nil rent until 1st June 2018 to the Vendors 

COVENANTS The owners of Macketts Farmhouse and Macketts Bungalow reserve the right to receive heat from the biomass boiler under a heat supply agreement on commercial terms and discharge into a septic tank located on the sale property.
Macketts Bungalow will have a right of access over the freehold property for sale-more details from the Agents. 

WAYLEAVES, EASEMENTS AND RIGHTS OF WAY The property is being sold subject to and with the benefit of all rights including; rights of way, whether public or private, light, support, drainage, water and electricity supplies and other rights and obligations, easements and quasi-easements and restrictive covenants and all existing and proposed wayleaves for masts, pylons, stays, cables, drains, water and gas and other pipes whether referred to in these particulars or not.  

PLANNING The site has operated for over 20 years as a milk processing and distribution business as well as supporting a biscuit manufacturing process.

Planning exists for:

Milk processing cold store, packaging and distribution-TCP/15669G/S/27780

Biomass boiler- TCP/15669/H-P/00589/17

Goods Vehicle Operator's Licence: OH0207974

There may be opportunities for change of use of the buildings, subject to planning permission. The property is outside of the Isle of Wight Area of Outstanding Natural Beauty. The buildings may qualify for permitted development rights allowing conversion to alternate uses. 

OVERAGE None being applied by the Vendors 

PLANS, AREAS AND SCHEDULES These are based on the Ordnance Survey and are for reference only. They have been checked and computed by BCM and the Purchaser(s) shall be deemed to have satisfied themselves as to the description of the property. Any error or misstatement shall not annul a sale or entitle any party to compensation in respect thereof. 

VAT Any guide price quoted or discussed is exclusive of VAT. In the event that a sale of the property, or any part of it, or any right attached to it, becomes a chargeable supply for the purposes of VAT, such tax will be payable in addition. 

HEALTH AND SAFETY Given the potential hazards of a working site we ask you to be as vigilant as possible when making your inspection for your own personal safety, particularly around the site buildings and machinery. 

FIXTURES AND FITTINGS All items usually regarded as tenant's fixtures and fittings and equipment are specifically excluded from the sale. BCM will supply a list on request identifying clearly which items are included within the sale, which are excluded and which may be available by separate negotiation. This list is the sole arbiter of this regardless of whether items are referred to or photographed in these particulars. 

RATES AND COUNCIL TAX The buildings are individually rated which in total amounts to £23,228. Further details from the Selling Agents.
 

POST CODE PO30 3AS 

ACCESS Access is directly from Macketts Lane 

DIRECTIONS The Isle of Wight is easily accessed by ferry from Portsmouth (Fishbourne), Southampton (Cowes) and Lymington (Yarmouth).

Additional passenger only ferry services operate between Portsmouth and Ryde, Southampton and West Cowes.

From Coppins Bridge Roundabout in Newport, head east onto Staplers Road. At the Pan Roundabout take the second exit onto Long Lane. At the Robin Hill Roundabout turn right and continue to Arreton Cross. Turn left and follow the main road (A3056) through Arreton to Hale Common. At Fighting Cocks Cross turn right into Bathingbourne Lane and then take the first right into Macketts Lane. The property can be found on the left after approximately 0.3 miles (0.5 kilometres). 

VIEWINGS Strictly by confirmed appointment with BCM only, 01983 828805. 

LOCAL AUTHORITY Isle of Wight Council, tel: 01983 821000, iwight.com 

NB These particulars are as at October 2017. Please check with BCM to make sure they are the most up to date version. 


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Shanklin (2.7 mi)
  • Lake (3.0 mi)
  • Sandown (3.6 mi)
Distances are straight line measurements from centre of postcode

Map & Street View

Nearest stations

  • Shanklin (2.7 mi)
  • Lake (3.0 mi)
  • Sandown (3.6 mi)
Distances are straight line measurements from centre of postcode

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