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Horsefair Lane, Newent, Gloucestershire, GL18 1RP

Offers in Excess of
£2,500,000

£43.45 per sq ft

Business rates & charges may apply

Siddall Jones Ltd, Birmingham
SIZE AVAILABLE

57,534 sq ft

5,345 sq m

SECTOR

Light industrial facility for sale

Key features

  • Site Area of 3.39 Acres (1.367 Hec) or thereabouts
  • Industrial Warehouse Premises Extending to 57,534 ft2 (5,345 m2) approx.
  • Two access points to the site
  • A mix of interconnecting warehouse units and office building
  • Only 4 miles east of J3 M50
  • Suitable for alternative uses – STP

Description

Description
The property comprises a broadly rectangular site, sloping downwards from its southern boundary on Horsefair Lane, upon which is built a series of interconnected production and warehouse buildings, on lower and upper ground floor levels, that make up the principal manufacturing facility.

Loading access and servicing is largely from the northern elevation, with the buildings varying from original steel truss framed reclad workshop bays, to more modern steel portal frame metal clad accommodation built in the last 10 years or so.

There is a two-storey workshop building to one side. Generally, the manufacturing facility is served by concrete floors, LED and sodium lighting with oil fired heating, plus a works canteen, kitchen and ancillary offices.

The complex is served by an area of hard-core surfaced open storage to the western end of the site.

There are several detached ancillary buildings including the main reception, a training building and further storage buildings along the southern edges of the site.

Vehicular access is gained via two points of access directly from Horsefair Lane and a third to the northeastern boundary via an unadopted access road from Old Station Road.

Beyond the northern boundary is a strip of land and ‘Ell Brook’, a canal.

Location
The property is located half a mile north of Newent town centre and approximately 4 miles east of junction 3 of the M50 motorway, providing access to the M5 at J8 to the east and, via the A40 dual carriageway, south westwards to the M4 and South Wales.

Gloucester is located 14 miles to the south east, Hereford 20 miles to the north west and Worcester 30 miles to the north east.

The nearest mainline railway station is at Gloucester, providing services to Bristol, Birmingham, and London.

VAT
All prices quoted are exclusive of VAT which we understand will be payable.

Energy Performance Certificate
EPC: D (82)

Demographic
The property fronts Horsefair Lane, at its junction with the B4221 Ross On Wye road, close to its junction with the B4216 which leads southwards to the Forest of Dean.

Newent is a busy and picturesque medieval market town with a population of c 5,200 inhabitants and over 100 listed buildings.

Redevelopment
We believe the site has excellent scope for redevelopment or/and repurposing. We recommend all interested parties contact the local planning authority.

Horsefair Lane, Newent, Gloucestershire, GL18 1RP

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ledbury Station7.7 miles

About Siddall Jones Ltd, Birmingham

The Mint 95 Icknield Street Hockley Birmingham B18 6RU

Siddall Jones are an independent firm of commercial property consultants based in Birmingham and covering the West Midlands region.

We are multi disciplined businesses who pride ourselves in delivering the highest standard of client care, using our knowledge and experience of local and regional markets to provide a range of services to our local and national clients.

Since our inception we have secured over one million sq ft of commercial agency instructions. Our clients vary from sole traders to multi nationals, but we trade on the basic value of treating all clients equally and offering the highest standards of care and professionalism throughout our instructions.

Notes

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