Latest commercial property news from Lambert Smith Hampton

LSH appointed on landmark industrial site

23/06/2014

Major manufacturers are expected to show an interest in a 22.5-acre site in the Midlands which has just been put on the market.

The landmark Sandvik manufacturing facility at Swadlincote, Derbyshire, offers a very rare opportunity for major firms to acquire the freehold of such a large site, which benefits from over 300,000 sq ft of good quality industrial accommodation.

Major inward investment opportunity

Alex Carr, Industrial and Logistics Director at LSH in Birmingham, and Sean Bremner, Industrial and Logistics Director at LSH in Nottingham, have been appointed by the Swedish engineering giant to market the property.

Alex said he anticipates a great deal of interest in the facility, which is expected to remain in use throughout 2014. It could bring significant numbers of new jobs and major inward investment to the area.

Key features of the site are:

Site area of circa 9.08 hectares (22.44 acres)

  • Self-contained site
  • Building 1 - Fabrication building of multiple bays comprising 182,000 sq ft, internal eaves of 10.1m -   level access loading to the rear yard
  • Building 2 - Production Assembly Building comprises a more modern five bays unit with 10 level access loading doors providing a dual loading aspect to the unit. 139,000 sq ft, with internal eaves of 9.95m
  • Each building features 24 cranes ranging in SWL of 3 tonnes to 20 tonnes
  • Two-storey detached office building providing a mix of cellular and open-plan accommodation
  • Dedicated car park with 214 spaces
  • Gatehouse with state of the art motion tracking CCTV system
  • Concrete yards
  • 2,000kVA power supply
  • Factory skilled labour force
  • The site is owned freehold across two registered titles, both unencumbered.

Alex added: “It is very rare that a site of this size, which includes a well specified manufacturing complex, comes to market and we are confident it will appeal to major companies who may be ready to invest as the economy continues to improve.”
 
Sandvik, which makes machinery for the mining and construction industries, plans to wind down its production facilities in Swadlincote. Output will be transferred to Ballygawley, County Tyrone, Northern Ireland, by early next year.

For further information relating to this news article contact 

Contact us now

Alex Carr
Director - Capital Markets - Industrial & Logistics

020 7198 2233

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