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Horse Fair Ln

57,534 SF Light Industrial Building Newent GL18 1RP £2,500,000 (£43/SF)

Investment Highlights

  • Industrial Site with Development Potential
  • 4 miles east of Junction 3 on the M50
  • 3.39 acre site

Executive Summary

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.

Attachments

2-118575632

Property Facts

Price £2,500,000
Price Per SF £43
Sale Type Owner User
Tenure Freehold
Property Type Light Industrial
Property Subtype Light Manufacturing
Building Class C
Lot Size 2.94 AC
Rentable Building Area 57,534 SF
Number of Floors 1
Year Built 1197
Tenancy Single

Amenities

  • Fenced Lot
  • Security System
  • Yard
  • Roller Shutters
  • Storage Space

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Ground
  • 57,534 SF
  • Industrial
  • Shell Space
  • Now

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.

Space Size Space Use Condition Available
Ground 57,534 SF Industrial Shell Space Now

Ground

Size
57,534 SF
Space Use
Industrial
Condition
Shell Space
Available
Now

Ground

Size 57,534 SF
Space Use Industrial
Condition Shell Space
Available Now

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.

  • Listing ID: 31454321

  • Date on Market: 09/04/2024

  • Last Updated:

  • Address: Horse Fair Ln, Newent GL18 1RP

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