Wickes - Propex

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114 WickesHigh March Industrial EstateWickes - Glebe Road, Scunthorpe DN15 6AFDaventry ScunthorpeFreehold Retail Warehouse Retail Warehouse Investment Investment SaleWarehouseDepotGarageWard BdyCRGLEBE ROADSITUATIONDESCRIPTIONDepotDepotDepotThe subject property is located approximately 0.50km north of the town centre. The unit is well locatedTITLE off Glebe Road and occupies a prominent positionfronting onto the roundabout of Glebe Road and theA1029 (Brigg Road) which provides direct accessinto the residential area of Old Crosby to the north ofScunthorpe town centre to the south.Servicing is provided to the rear of the property offGlebe Road with seperate access and egress forcustomers off Glebe road.Due to the high levels of traffic flow on Glebe Roadthere are a number of car dealerships within thesurrounding areas as well as trade counter operators.The subject property was constructed in 1993 andcomprises a standalone retail warehouse unit of20,792 sq ft of accommodation let to Wickes BuildingSupplies Ltd.The property is a purpose built retail warehouse oftraditional steel portal frame construction. The externalenvelope of the property is PVC coated profile steelcladding with part brick work. The unit is rectangularin configuration and has recently been refurbished bythe occupier.Customer car parking is provided to the front of theproperty accessed directly off Glebe Road, there are90 designated spaces providing a parking ratio of1:231 sq ft. There is a separate access to the rearalso off Glebe Road.457sPlaygroundEl Sub Sta68212311 to 1942628PrincessHousePark Court252722240m 10m 20m 30m21231416Car Park13151210ChurchCourt119911 to 194182019SuttonHouse17131416Kings Court13157 42El Sub Sta1012514166815121310911KING STREETCar ParkWINTERTON ROADCar ParkMarket2624Pig and Whistle(PH)HOME STREETEl Sub StaNORTHCarC9The site extends to 0.6 hectares (1.50 acres)Ordnance Survey © Crown Copyright 2011. All rights reserved.Licence number 100020449. Plotted Scale - 1:1250These plans are for identification purposes only. Their accuracy can in no way be guaranteed.This plan is for identification purposes only. Its accuracy can in no way be guaranteed.Reproduced from the Ordnance Survey Reproduced Map with from the permission Ordnance Survey of the Map Controller with permission H.M.S.O of the Controller Crowncopyright reserved. Licence No. ES100018525 H.M.S.O Crown copyright reserved. Licence No. ES100018525
54KEY11 Subject Property2 Gallagher Retail Park3 Lakeside Retail Park4 Skippingdale Retail Park23PLANNINGOrdnance Survey © Crown Copyright 2011. All rights reserved.Licence number 100020449. Plotted Scale - 1:35000OUT OF TOWN RETAIL IN SCUNTHORPEThis plan is for identification purposes only. Its accuracy can in no way be guaranteed.Reproduced from the Ordnance Survey Map with permission of the ControllerH.M.S.O Crown copyright reserved. Licence No. ES100018525© Collins Bartholomew Limited 2011. All rights reserved. Plotted Scale - 1:175000This plan is for identification purposes only. Its accuracy can in no way be guaranteed.Reproduced from the Ordnance Survey Map with permission of the ControllerH.M.S.O Crown copyright reserved. Licence No. ES100018525The subject property benefits from an Open A1 nonfoodconsent with various restrictions; namely the saleof food, toys and clothing footwear and sportswear.A copy of the planning permission is available onrequest.There are four main retail parks within the town:Gallagher Retail Park – Owned by Railways Pension NomineesThe park benefits from approximately 140,000 sq ft of Open A1 nonfoodconsent. The park accommodates the following retailers; B&Q,Next, Toys R Us and TK Maxx. The top rent on the park is £20.00 psfwhich was set in 2007 on the Next rent review.Lakeside Retail Park – Owned by Limes DevelopmentsThe park benefits from approximately 90,000 sq ft of Open A1non-food consent. The park accommodates the following retailers;Homebase, ScS, Comet, Argos Extra, Dreams, Carpetright andBurger King. The top rent on the park is £20.00 psf which was set in2007 on the ScS rent review.Lakeside Retail Park (Phase 2) – Owned by NFUThe park benefits from approximately 45,000 sq ft of Open A1 nonfoodconsent. The park accommodates the following retailers; Petsat Home, Halfords, Harveys and Currys. We understand the rentreviews are outstanding from June 2011 but the passing rents are inthe region of £19.50 psf.Skippingdale Retail ParkThe park has recently been purchased and is undergoing substantialrefurbishment – We understand negotiations are on-going with anumber of multi-national retailers. The park benefits from an Open A1consent.There are a number of standalone units in the town.
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