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Development/Investment Opportunity, Harling Road/Sharston Road, Sharston Industrial Estate, Sharston, Manchester, M22 4TH

1.77 to 3.77 acres / Industrial / Investment

Sold - Last updated: 19 August 2016

Site 1

Warehouse facility situated on Harling Road (Let to Cardinal Maritime)

The property provides a semi-detached building situated on a self-contained site incorporating single storey offices and a covered loading area.

It is of a steel frame construction incorporating a domed roof with an eaves height of between 10 and 13 metres.

The property has recently been refurbished and incorporates four drive in loading doors, new office accommodation, kitchen and WC facilities and a substantial concrete yard comprising circa 1 acre.

Site 2

Land and Building situated fronting Sharston Road

The site is rectangular shaped with access from Sharston Road. At present there is a building which has approximate 90% site coverage and is close to the end of its economic life.

The building incorporates a combination of north light and steel trussed roofing and is split into two main areas with an eaves height ranging between 2.5 and 4 metres. It incorporates a solid concrete floor with part brick, part clad walls. Externally the elevations are of brick and asbestos cladding with an asbestos roof and glazing to the north light section.

Tenders are currently being prepared for demolition of this building, which will leave a cleared site of 1.77 acres (0.72 hectares).

Location

The opportunity is located within the well-established Sharston Industrial Estate, fronting Harling Road and Sharston Road, Manchester.

The estate provides direct access to Junctions 2 and 3 of the M56 Motorway, and Junction 4 of the M60 Motorway which connects in turn to the national motorway network.

The M56 Motorway provides direct access to Manchester International Airport and the M6, whilst the M60 Motorway allows access to Greater Manchester Conurbation and Merseyside via the M62 Motorway.

Accommodation

Site 1

Warehouse facility situated on Harling Road (Let to Cardinal Maritime)

Warehouse - 30,733 sq ft

Loading Bay - 4,932 sq ft

Ancillary Offices, Canteens, WC's etc - 5,456 sq ft

TOTAL - 41,129 sq ft

Site Area - 2.00 acres (0.81 hectares)

Site 2

Land and Building situated fronting Sharston Road

Existing Building - 72,000 sq ft

Site Area - 1.77 acres (0.72 acres)

Terms

Tenure

Site 1 - Warehouse facility situated on Harling Road (Let to Cardinal Maritime)

This property is held freehold and is let to Cardinal Maritime at a rent of £115,000 per annum with the lease expiry being 30 April 2017 (two years unexpired term).

It is let on a full repairing and insuring basis including general maintenance of the roof however the landlord is responsible for the repairs to the roof on the
Warehouse section.

The building has a Grade II* listing.

For Tenancy Details, please see attached brochure

Site 2 - Land & Buildings Situated fronting Sharston Road

The property is held under two long- leaseholds which are for a term of 999 years from September 1936 at a chief rent of £450 plus VAT. The use classes
comprise B1a, B1b, B1c, B2 and B8.

Services

We understand that all mains water, gas and electricity are principally supplied to both sites but disconnected to the Sharston Road site due to the fact it is unoccupied.

Business Rates

We advise any interested party to make their own enquiries with Manchester City Council.

Terms

Offers will be considered for the sale of the opportunity as a whole or in two parcels.

We understand that the preferred method of sale would be by way of a company sale.

EPC

An Energy Performance Certificate has been prepared and can be made available on request.

VAT

The vendor reserves the right to levy VAT.

Legal Costs

Each party to bear their own legal costs.

Specification

Site 1

Warehouse facility situated on Harling Road (Let to Cardinal Maritime)

The warehouse is heated and lit and provides good quality open plan accommodation and includes the following.

  • Solid concrete floor
  • Steel frame building, column free
  • Eaves height 10-13 metres
  • Loading bay including 4 drive-in doors
  • Offices/kitchen/WC facilities
  • Substantial concrete yard comprising circa 1 acre
  • Sprinkler system
  • Grade II* listing


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