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Self Contained Manufacturing/Distribution Facility, Havenside, Fishtoft Road, Boston, PE21 0AH

473,444 Sq Ft / Industrial / Warehouse / Distribution

For Sale - £4,500,000.00

To Let

Available - Last updated: 15 July 2019

The property comprises a substantial self-contained manufacturing and distribution facility, formerly occupied by Fogarty Quilts & Pillows, having been developed on a piecemeal basis to provide a series of single storey multi-bay warehouses and ancillary stores, with a separate two storey office building, in total providing ten principal buildings of varying quality and specification including high bay warehousing.

Location

Havenside is located within the commercial dock region of Boston and to the east of the town centre. Boston is a market town close to the south east coast of Lincolnshire and approximately 120 miles directly north of London and 32 miles south east of Lincoln. The historic and attractive market town of Boston has recently seen considerable redevelopment and maintains itself as a busy commercial centre. The port of Boston has a long history of agricultural and timber import and export and in the early 1990’s the port was privatised and expanded to handle steel and paper imports from Northern Europe. The port of Boston has a new freight rail link which sees two trains per week carrying a thousand tonnes of steel per train from Boston to dedicated automotive facilities in Birmingham.

The property is accessed via Fishtoft Road with the main access adjacent to a modern residential development. The site is also abutted by agricultural land and other employment users.

Accommodation

Main Offices (NIA) - Ground Floor - 10,132 sq ft  (941 sq m)  First Floor - 10,077 sq ft  (936 sq m)

Unit R1 (Warehouse) - Ground Floor - 50,940 sq ft  (4,733 sq m)

Unit G2 (Warehouse) - Ground Floor - 63,703 sq ft  (5,918 sq m)

*Unit W1 (Warehouse) - Ground Floor - 97,528 sq ft  (9,060 sq m)

Unit Q2 (Warehouse) - Ground Floor - 45,556 sq ft  (4,232 sq m)

Unit W4 (Storage) - Ground Floor - 68,133 sq ft  (6,330 sq m)

**Unit D2 (Various Stores) - Ground Floor - 4,864 sq ft  (452 sq m)

**W3 Engineering Workshop - Ground Floor - 7,618 sq ft  (708 sq m)

*Unit W5 (Warehouse) - Ground Floor - 100,122 sq ft  (9,302 sq m)

*Unit W5 (Warehouse) - Ground Floor - 14,771 sq ft  (1,372 sq m)

Total - 473,444 sq ft  (43,984 sq m) 

Areas not included in the above schedule:

* Mezzanine floors total 49,279 sq ft (4,578 sq m)

** Ancillary small stores and canopies have been excluded and total 14,674 sq ft (1,363 sq m)

A full Measured Survey has been undertaken by Plowman Craven Associates and is available upon request.

Unless stated all areas quoted are gross internal measurements

THE SITE - The site is approximately 26.5 acres (10.7 hectares) providing an overall site cover of approximately 41%.

Terms

ENVIRONMENTAL
Phase 1 and 2 environmental assessments have been undertaken by Watermans in October and December 2004 and copies are available upon request to interested parties.

The site has been given a general classification of low risk.

LEGAL COSTS
Each party to be responsible for their own legal costs involved in this transaction.

PRICE
£4,500,000 (£9.50 per sq ft)

RENT
On application.

VAT
The site has not been VAT elected.

EPC
EPC’s available on request.

Specification

  • Strategic commercial dock region of Boston
  • Approximately 44,000 sq m (473,500 sq ft) of warehouse / industrial and office accommodation
  • 26.5 acres (10.7 hectares) providing an overall site cover of approximately 41%
  • Available as a whole or in part, and capable of providing a multi-let estate
  • Long term redevelopment potential (STPP)
  • Freehold
  • Asking price of £4,500,000 (£9.50 per sq ft)
  • For Sale or To Let

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £4,500,000.00 NA
Rent on Application To Let NA NA

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Contact agents

Victor Ktori

Savills (UK) Ltd

0115 882 0337

Christine Thorn

Savills (UK) Ltd

0115 882 9857



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