We have been advised that the Featherstone plant was originally built in 1932 as a Royal Ordnance Factory and was purchased by Sandvik in 1981.
The original factory accounts for approximately 59% of the overall floor space and has since been extended with two storey offices and a modern warehouse added to the front and a modern warehouse addition to the north west corner. A canopy has also been added to the rear and there are a number of outbuildings. The site is secured by electrified boundary fencing with a gated vehicular access. A large tarmac surfaced car park is provided adjacent to the western elevation with a tarmac driveway extending around the property with a concrete yard area to the rear.
The original factory is of steel frame construction with brick elevations beneath a flat asphalt covered concrete roof. The two storey offices are of brick construction beneath what we believe to be a flat asphalt covered roof with the adjoining modern bay of steel portal frame construction with brick and profile metal clad elevations beneath a low pitched profile metal clad roof. The rear bay is also of steel portal frame construction with an infill section with brick and profile metal clad elevations beneath what we believe to be a profile metal clad roof.
There are various loading doors and access points and the original part of the property provides a minimum working headroom of 3.6m with the rear warehouse providing an eaves height of 6.5m with the frontage warehouse providing an eaves height of approximately 6m.
Internally the accommodation has been subdivided to create various offices, laboratories and workshops within the main building footprint and has been finished to a similar specification throughout with concrete floor, ceiling mounted lighting and space heaters. The two storey office building provides reception, offices, conference rooms and toilets on the ground floor. The accommodation has been finished to a reasonable standard with suspended ceiling with inset lighting and air conditioning cassettes, carpeted floor, central heating radiators, painted plastered walls and double glazed uPVC windows. The first floor provides a locker room, toilets and shower facilities and staff canteen.
Planning
The property lies within an area administered by South Staffordshire Council whose Core Strategy Development Plan Document provides the framework for guiding, controlling and facilitating development. The Plan was adopted in December 2012.
The subject property is identified as lying within an area controlled by Core Policy 7: Employment and Economic Development and EV1: Retention of Existing Employment Sites. Employment use will therefore be protected.
We have therefore assumed that the unit is suitable for uses falling within Classes B1 (Light Industrial), B2 (General Industrial) and B8 (Storage and Distribution) with no hours of restriction.
However, interested parties are advised to make their own enquiries.
Services
We understand that all mains services including gas, water, electricity and mains drainage are available to the premises. Interested parties should check with the local service provider as to their existence, adequacy or otherwise for their proposed use.
Fixtures & Fittings
No warranty is given in respect of any fixtures or fittings and interested parties are advised to satisfy themselves that they are in working order.
Location
The property is situated a short distance to the north of the M54 motorway, roughly equidistant between Junctions 1 and 2. The property is situated immediately adjacent to Featherstone Prison and is accessed via a long third party owned private driveway.
The property is situated on a rectangular shaped site that is fairly flat in nature extending to approximately 2.25 hectares (5.55 acres). The access driveway connects with Cat and Kittens Lane to the west.
The property benefits from very low site coverage of just 21%. In particular there are undeveloped areas of landscaping to the front of the site (approximately 1 acre) and along the western boundary (approximately 0.75 acre). Depending on the ground conditions and any underground obstacles which are currently unknown these areas could provide future expansion potential.
Accommodation
From floor plans provided and check measurements taken on site we calculate that the property provides the following approximate accommodation, measured in accordance with the RICS Code of Measuring Practice (6th Edition) :-
Ground Floor - Offices 295.93 sq m (3,185 sq ft)
First Floor - Staff Locker Room/Canteen 289.25 sq m (3,114 sq ft)
Ground Floor - Warehouse/Manufacturing 603.40 sq m (6,495 sq ft)
Ground Floor - Original Factory 2,993.93 sq m (32,226 sq ft)
Ground Floor - Warehouse/Manufacturing 811.15 sq m (8,731 sq ft)
Ground Floor - Outbuildings 111.84 sq m (1,204 sq ft)
Total gross internal area (approx): 5,105.50 sq m (54,955 sq ft)
There is also a loading canopy to the rear which we estimate extends to approximately 336.57 sq m (3,623 sq ft).
Terms
The property is available on a freehold basis. Price Upon application.
All prices, premiums and rents etc. are quoted exclusive of VAT at the prevailing rate.
Specification
- Freehold for sale
- Self contained manufacturing complex
- 5,105.50 sq m (54,955 sq ft) situated on a site of approximately 2.25 ha (5.55 acres)
- Suitable for owner occupation or redevelopment (subject to planning)
- EPC Rating C