For sale

Spinnaker Works, Spinnaker Road, Hempsted, Gloucester, GL2 5DG

Industrial/Warehouse Gloucester For sale 8759 m2 (94282ft2)

Spinnaker Works

  • Substantial Manufacturing Facility totalling 94,282 ft2 (8,759 m2).
  • Total site area - 4.38 acres (1.77 hectares).
  • Main building extends to approximately 90,000 sq ft with 10% office content.
  • Modern section completed in 2021.
  • Property includes a separate storage unit of approximately 4,941 ft2 (459 m2).
  • The site has a substation and two 1500KVA electricity transformers.
  • The main building has a sprinkler system and a 750,000 litre water storage tank.
  • The property has an intruder alarm system, including PIR and door sensors, smoke detection and CCTV system.
  • Drone video can be viewed here.

Site Description
The property comprises a substantial industrial/office complex set in a self-contained site with 3 electronically operated gated entrances. A tarmacadam surfaced road provides access around the perimeter of the main building and there are a number of concrete loading areas. There is a visitors car park adjacent to the office building with 7 spaces and a staff car park provides 98 spaces. The property has a substation which is situated in the car park.

Production Area
The main building is of steel portal frame construction with mainly insulated clad elevations and a fully clad roof incorporating translucent panels at regular intervals. Loading doors are provided from the front, side, and rear elevations. The eaves heights range from approximately 6m to 7m.
The original building has been extended to the front and side and the accommodation comprises 3 production areas and WC facilities are provided. A mezzanine floor has been installed and is accessed from the main production via a steel staircase or alternatively by way of a goods elevator. It provides a maintenance area, locker rooms and a staff canteen.
There are 2 electrical rooms, a compressor room, and a covered lean-to bulk storage area to the rear of the property. A sprinkler system has been installed in the production areas and they are lit by way of overhead LED lights, have painted floors and electrics have been distributed.

Two Storey Offices
The office accommodation is attached to the production area and is of steel frame construction with part brick/part clad elevations under a mono pitched clad roof. The ground floor comprises a reception area, production area and range of offices and on the first floor, there are further offices and a board room.
In general, the offices have painted plastered walls, suspended ceilings with inset LED lights, carpet or vinyl
floor coverings, perimeter trunking, aluminium double glazed windows with security grills on the ground floor, and the offices are heated by way of a central heating system via radiators.

Storage
The property is of steel frame construction with metal clad elevations under a pitched clad roof incorporating translucent panels. The front elevation is open sided and the eaves height is approximately 5.6m. There is a tarmacadam surfaced area in front of the property with 37 lined parked parking spaces.

EPC
An EPC is being prepared. Please ask the agents for full details.

Address and Location

Address :

Spinnaker Works
Spinnaker Road
Hempted
Gloucester
GL2 5DG

The property is situated on Spinnaker Road, approximately 500m from its junction with Hempsted Lane in a predominantly industrial area approximately 1 mile to the southwest of the City Centre. Hempsted Lane forms part of Gloucester’s South-Western Bypass which provides good access to the west of the city via the A40, to the south of the city towards the Quedgeley bypass (A38) and to the inner ring road, Trier Way, via a bridge over the Gloucester Sharpness Canal. Hempsted Lane has recently been upgraded which will improve access to and circulation in the area.

Rates

The Rateable Value listed on the Valuation Office website is £345,000. Prospective occupiers should check with the Local Authority to establish any transitional relief that may be applicable.

Accommodation

The approximate gross internal areas are as follows:

Accommodation M2 Ft2
Production 7,486 80,579
Offices 814 8,762
Storage 459 4,941
Total 8,759 94,282

Planning

The property has been used for General Industrial, Offices and Storage and Offices which fall within Classes B2, B8 and E (formerly B1), of the Use Classes Order.

Terms

Terms

The property is offered freehold with vacant possession.

VAT

The property is elected for VAT, and it will be applicable on the purchase price.

Costs

Legal Costs

Each party to bear their own legal costs incurred in the transaction.

Property Disclaimer

ASH Chartered Surveyors for themselves and for the vendors or lessors of this property for whom they act, give notice that:

  1. these particulars are a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract;
  2. ASH Chartered Surveyors cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy;
  3. no employee of ASH Chartered Surveyors has any authority to make or give any representation or warranty or enter into any contract whatever in relation to the property;
  4. rents quoted in these particulars may be subject to VAT in addition; (v) ASH Chartered Surveyors will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars; and
  5. the reference to any plant, machinery, equipment, services, fixtures or fittings at the property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function. Prospective purchasers/tenants should satisfy themselves as to the fitness of such items for their requirements.

Code of Practice for Commercial Leases in England and Wales

You should be aware that the Code of practice on commercial leases in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licenced conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations.

Money Laundering Regulations

As part of our obligations under the UK Money Laundering Regulations 2017, ASH will require any tenant/purchaser to provide proof of identity along with any other required documentation to satisfy anti-money laundering regulations.

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Industrial/Warehouse Gloucester For sale 8759 m2 (94282ft2) Price on Application.

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