Unique opportunity

LSH

1st February 2017

Property Portfolio

A UNIQUE opportunity to acquire a large site comprising seven industrial buildings - some with specialist manufacturing features - has arisen on the Finedon Road Industrial Estate in Wellingborough.

Lambert Smith Hampton have been instructed to market the 5N-Plus site at 1-4 Nielson Road, which will become available from June when the specialist alloy manufacturer relocates.

The 5.7 acre site includes seven industrial buildings including a high-spec clean room and flameproof stores. The buildings occupy just 64,377 square feet of the total site, and so the opportunities for further development or redevelopment, are significant.

James Hill from Lambert Smith Hampton, said: "It is rare that a site like this comes to the market and particularly with such significant potential for redevelopment. Some of the buildings have been fitted out to a high spec by the current owners, with special features in line with their work, much of which is for the mobile phone and solar power sectors. As well as the existing buildings and the space for further development, the site also benefits from a wide road frontage onto Paterson Road, which may offer additional road access should it be necessary.

"It could be attractive to those occupiers looking for a large site, particularly catering for future business growth. It has fantastic scope to be redeveloped to a more efficient density. Planning permission for further development has been granted in the past, so is a realistic option.

"In addition, one of the buildings is self contained and is currently let, generating some income from the site, which is something that may also prove attractive to potential investors."

The site also benefits from two electricity transformers which produce, in total, 700 kva and security is extensive, with a four-metre boundary wall to part of the site and inner and outer steel palisade fencing to the remainder, as well as being protected by CCTV cameras.

For further details, contact Lambert Smith Hampton on 01604 662550 or email jhill@lsh.co.uk

LSH