Overfield Park Industrial FOR SALE


Winthorpe, NTT
$26,300,000 USD
, Winthorpe, NTT for Sale
$26,300,000 USD
Industrial - FOR SALE
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Overfield Park
Winthorpe, NTT


HIGHLIGHTS

  • Speculative ‘Mid-Box’ Industrial Funding
  • Rare opportunity to acquire a new build, institutional-specification industrial and logistics scheme on a forward funding basis
  • Overfield Park benefits from excellent connectivity at the junction of the A1, A19 and A46, sitting equidistant from the key urban conurbations
  • The development will comprise four mid box units with ancillary yardage ranging
  • The scheme will deliver 202,125 sq ft (18,777.41 sq m) GIA total on a site of 12.04 acres.

OVERVIEW

Overfield Park provides the opportunity to forward purchase a new, prime industrial and logistics development comprising 202,125 sq ft of institutionalgrade accommodation across four units. The scheme benefits from a highly visible location with immediate access onto Winthorpe Interchange, which a number of the East Midlands region’s key transport routes. The estate extends to 12.04 acres (4.87 ha) which has been allocated for employment use in the Newark and Sherwood Core Strategy. The developer, Lindum Group, will proceed to submit a detailed planning application on conditional exchange of contracts or earlier subject to agreement with a preferred party. Lindum Group propose to sell the Overfield Park land asset to a funding partner and simultaneously contract to build the industrial accommodation, which will then be purchased by the funder at an agreed rate per sq ft. We have detailed the preferred disposal structure within this document.

ASK ABOUT THIS PROPERTY

Luke SymondsNorthCap Real Estate LimitedMore Info

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Luke SymondsNorthCap Real Estate LimitedMore Info

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