Property for sale
Property description & features
- Freehold multi-let industrial/trading estate.
- Fully let development supporting a wide range of businesses
- Established reputation in the locality with high demand
- Generating over £300,000 pa with further management opportunities
- Over 46,000sq ft plus open land on site extending to 4.8 acres
- Comprising incubator units from 155 sq ft to portal framed units of 6,000 sq ft
Gate Farm Rural Enterprise Park is a popular trading estate that has an established reputation in the area for providing a diverse mix of commercial units that cater to a wide range of businesses. Originally part of a farmstead, the Enterprise Park has grown into an extensive range of buildings, both new and old, some of which have been subdivided to create a range of different sized units that now support 37 individual businesses in its current configuration. In addition to tenants that occupy buildings, there are also areas of land that are leased for external storage purposes as well as 7 shipping containers providing secure storage.
There is a real sense of community amongst the individual business owners and businesses include a café and soft play area, a swimming pool operator and a gymnastics studio, all of which generate visitors to the site. The site is currently managed by the vendor who lives in the original farmhouse
next door, who is prepared to help out during the transitional period.
Although the site operates perfectly in its current configuration there is a significant amount of undeveloped land that could accommodate further industrial development (STP), as units of circa 1,000 sq ft continue to be very popular in the area.
Location - Gate Farm Rural Enterprise Park has an extensive roadside frontage to Wettenhall Road, located in Poole, 1.7 miles from the A51 and 3.5 miles to the north of Nantwich. Crewe town centre is approx. 7 miles to the east and Junction 16 of the M6
is approx. 11 miles. Driving north out of Nantwich when you arrive at the Reaseheath Roundabout on the A51 Ring Road continue in a northerly direction on the A51, (sign posted 'Chester') and Wettenhall Road is 0.4 miles on your right hand side. Continue along Wettenhall Road for 2 miles and Gate Farm Rural Enterprise Park will feature on your left-hand side.
Services - Mains water and electricity connected. Drainage to septic tank. Gate Farm Rural Enterprise Park requires its own transformer to not only separate it from the farmhouse, but also to ensure the site has sufficient power for the future. The site also needs its own new septic tank, as it currently shares one with the farmhouse. The cost of installing both is estimated at around £45,000 and will be the responsibility of the purchaser to fund/organise.
Vat - The site is elected for VAT. It is anticipated that the sale transaction will be treated as a Transfer Of a Going Concern (TOGC)
Tenure - Available freehold, subject to contract and with the benefit of the leases in place at date of sale.
Business Rates - Each unit has its own Rateable Value which can be found on the Valuation Office Agency website using the postcode: CW5 6AL. Tenants are responsible for payment of any rates payable.
Epcs - There are five EPCs (valid until October 2032) that relate to the site which can be viewed via: using postcode: CW5 6L
Accommodation - The majority of the units are of steel portal framed design, some of which have formerly been used for agricultural purposes with the most recent unit constructed in 2016. There are also a limited number of older traditional brick and tile buildings and in total there are 37 individual units ranging from 155 sq ft to 6,000 sq ft. The total floor area extends to 46,051 sq ft (GIA). A schedule of accommodation and tenancies can be made available to interested parties. There are also two yard areas to the rear of the site providing multiple open storage lettings for vehicles and machinery in addition to a compound area for aggregate recycling. The vendors adjacent farmhouse, comprising six bedrooms and a two-bedroom annex together with a meaningful area of land could also be made available by way of separate negotiation. For further information please contact the agent.
Planning - A number of planning applications relate to the site/individual buildings dating back to November 2008 when the original application was granted for change of use of agricultural buildings into workshops and storage units. Since then, numerous Applications have since been approved, the most significant being Application 15/3780N approved in January 2016 granting a blanket consent for the site to be used as a Rural Enterprise Park for B1, B2 and B8 purposes'. All of the planning Applications can be viewed via using CW5 6AL
Anti Money Laundering Regulations - In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g. photographic driving license, passport, utility bill) from the applicant and a credit check may also be required, cost of which will be the responsibility of the applicant. Where appropriate we will also need to see proof of funds.
Property information from this agent
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