Overfield Park, Winthorpe Interchange, Newark on Trent NG24 2UA
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£26,300,000
Sep 2022
- 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 of Nottingham and Lincoln.
- The development will comprise four mid box units with ancillary yardage ranging between 28,875 sq ft and 78,750 sq ft GIA; a close fit to the native occupier market.
- The scheme will deliver 202,125 sq ft (18,777.41 sq m) GIA total on a site of 12.04 acres.
- Robust underlying market dynamics; strong occupier interest is emerging pre-commencement with restricted supply of new midbox accommodation in the local area.
- The development will be delivered to minimum ESG standards of EPC ‘A’ and BREEAM ‘Very Good’.
- Freehold.
- Offers are invited in the region of £26,300,000 (Twenty-Six Million, Three Hundred Thousand pounds) subject to contract and exclusive of VAT on a forward funding basis. A purchase at this level reflects a capital value of £130 per sq ft.