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Residential Development Opportunity, Vernon Works, High Barn Street, Royton, OL2 6RN

340,493 Sq Ft / Industrial / General Industrial

Sold - Last updated: 29 July 2020

The property comprises a detached five storey cotton mill and a substantial single storey warehouse facility.  The mill was originally built in 1905 names Fir Mill and was subsequently renamed Vernon Works in 1959 and the building was extended in 1962, 1967 and 1977 to produce extensive single storey accommodation to the north of the main mill.

The original mill is of conventional construction built with solid brick walls and steel framework supported on cast iron columns with brick arch ceilings carrying solid concrete and timber deck floors.  The main roof is multiple pitch, hipped and slate covered bounded by brick built parapet walls incorporating cast iron valley gutters discharging to PVC downspouts.

The single storey extension is predominantly of steel framed construction with solid concrete floors, brick built walls and corrugated asbestos cement roofing part over clad with PVC coated steel cladding.

The property currently provides workshop/warehouse accommodation on the lower groundm ground, first, second and third floors together with ancillary offices, canteen and toilets, etc.

Externally there is a surfaced yard and access road around the perimeter of the premises together with parking and dock level loading bays to the rear single storey extension and also covered dock loading to the front of the main mill building.  Site level drive in access is also available. 

Location

The property is accessed from High Barn Street, Royton close to the town centre and approximately 2 miles to the north of Oldham town centre.

It is close to Junction 20 on the M62 Trans Pennine Motorway via the A627(M) and Junction 22 of the M60 Manchester Orbital Motorway via the A663 Broadway, whilst Manchester City Centre is approximately 9 miles to the south by means of the A62.

Accommodation

Basement - 60,521 sq ft (5,622.56 sq m)

Ground Floor - 126,374 sq ft (11,740.45 sq m)

First Floor - 54,650 sq ft (5,077.14 sq m)

Second Floor - 47,788 sq ft (4,439.63 sq m)

Third Floor - 47,788 sq ft (4,439.63 sq m)

Amenities - 1,248 sq ft (115.92 sq m)

Reception - 2,125 sq ft (197.48 sq m)

Total - 340,493 sq ft (31,632.81 sq m)

Site Area - 5.52 acres (2.23 ha)

Terms

Services - We understand all mains services are available to the property including three phase and single phase electricity, gas, main water and drainage.

EPC - An Energy Performance Certificate is available on request.

Rateable Value - The property is listed as "Factory and Premises" and has a current Rateable Value of £150,000.

We would advise that all interested parties make their own enquiries in relation to rates.

Planning - The property is situated in a mixed residential and commercial area and has previously been occupied for storage and distribution.

Interested parties should make their own enquiries with the Local Council regarding operational hours of use and any redevelopment potential.

Terms - The premises are available to purchase freehold

Price - Upon application

VAT - All prices are exclusive of, but may be liable to, VAT at a prevailing rate.

Legal Costs - Each party is to be responsible for their own legal costs incurred in this transaction

Specification

  • Substantial mill complex
  • Situated 3 miles from M62
  • Potential residentail redevelopment opportunity
  • 1 x 6 pallet lift
  • 2 x single pallet lift
  • Eaves height to ground floor mill - 4.25m
  • Eaves height to warehouse - 3.8m
  • Eaves height to link - 4.185m
  • Eaves height to 1st, 2nd & 3rd floors - 3.715m
  • Substantial on site
  • Substantial yard area
  • Fluorescent strip lilghting to part
  • Gas fired heating to part 


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