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Industrial/distribution facility (formerly used as Pharmaceutical Manufacturing) FOR SALE OLD BAY HOUSE RIVER ROAD | DISCOVERY PARK | SANDWICH | KENT | CT13 9ND

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Page 1: Industrial/distribution facilitybulkloader.prd.pl.artirix.com.s3.amazonaws.com/0f5... · by KLM. BY TRAIN. Paris 1 hour 52 minutes. Brussels 1 hour 44 minutes. London St Pancras International

Industrial/distribution facility (formerly used as Pharmaceutical Manufacturing)

FOR SALE

OLD BAY HOUSERIVER ROAD | DISCOVERY PARK | SANDWICH | KENT | CT13 9ND

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OLD BAY HOUSE RIVER ROAD | DISCOVERY PARK | SANDWICH | KENT | CT13 9ND

Location

The subject property is located on Discovery Park in Sandwich, the former Pfizer Pharmaceuticals Campus where Viagra was developed and produced.

Discovery Park is a primary Science Park in Kent and a leader for science and enterprise with a range of laboratory, warehouse and office accommodation. The site has a track record for drug discovery stretching back to the 1950’s and continues to lead the way in Research and Development from the search for new antibiotics to pioneering research across the life sciences.

Discovery Park is located in East Kent within 2 miles of the historic town of Sandwich, approximately 15 miles east of Canterbury and 24 miles north of the Port of Dover.

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OLD BAY HOUSE RIVER ROAD | DISCOVERY PARK | SANDWICH | KENT | CT13 9ND

London

Paris

Amsterdam

Brussels

Zürich

Copenhagen

Oslo

France

Belgium

Netherlands

Germany

Norway

Sweden

SwitzerlandAustria

CzechRepublic

Denmark

Communications

Strategic location. International links.Old Bay House is ideally situated on the south coast of England, approximately 80 miles from London.

HOW TO REACH US:BY AIR

London Gatwick:Flights operated by all major airlines.Manston Kent International Airport10 minutes from site and only 30 minutes from Amsterdam. Flights operated by KLM.

BY TRAIN

Paris1 hour 52 minutesBrussels1 hour 44 minutesLondon St Pancras International1 hour 16 minutes

BY ROAD

Channel Tunnel30 minutes.Manston Kent International Airport10 minutes.London Gatwick1 hour 15 minutesCentral London2 hour 5 minutes

BY FERRY

Calais to Dover1 hour 30 minutesDunkirk to Dover2 hours

Ashford International

Old Bay House

Belfast

Edinburgh

London

Oxford

Cambridge

48 min 1 hr 25 min

1 hr 16 min 2 hr 5 min56 min

1 hr 24 min

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OLD BAY HOUSE RIVER ROAD | DISCOVERY PARK | SANDWICH | KENT | CT13 9ND

DescriptionOLD BAY HOUSE RIVER ROAD | DISCOVERY PARK | SANDWICH | KENT | CT13 9ND

The property comprises a high bay warehouse and processing facility (Building 281) and a stand-alone detached warehouse (Building 282). Both share a large service yard.

The high bay warehouse is of modern steel portal frame construction with brick and block walls and profile sheet cladding. An automated 7,500 pallet racking system is currently in place (available for purchase via separate negotiation). Eaves height in the main warehouse is 28.25m.

This building is linked to 281’s low level warehouse which is arranged over 2 storeys including a concrete slab mezzanine and provides laboratories, stores, dry manufacturing zones, and offices. There are 7 loading bays albeit the 2 sunken bays are currently blocked off.

Building 282 is located to the rear of the main facility, adjacent to the service yard. The building is of the same construction as Building 281 and is split into 2 self-contained storage units. Minimum eaves heights are 9.5m. Each unit benefits from its own loading bay.

Site Area — 1.6 hectares (3.95 acres)

The loading bay covered by the canopy to the front of Building 281 totals 4,851 sq.ft (450.69 sq.m).

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OLD BAY HOUSE RIVER ROAD | DISCOVERY PARK | SANDWICH | KENT | CT13 9ND

Accommodation

DESCRIPTION SQ M SQ FT

Building 281

Ground floor | High Bay Warehouse 2,203.75 23,721

Ground floor | Standard Warehouse 3,794.46 40,844

First floor | Mezzanine 79.95 861

First floor | Concrete Mezzanine 3,221.05 34,671

Second floor | Plant Room 310.46 3,342

Building 282

Ground floor 468 5,038

TOTAL 10,077.67 108,477

To be verified by purchaser

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OLD BAY HOUSE RIVER ROAD | DISCOVERY PARK | SANDWICH | KENT | CT13 9ND

Enterprise Zone

The site benefits from Enterprise Zone status and Government funded tax benefits for science sector businesses.

There are four clear benefits in locating to Discovery Park:

OLD BAY HOUSE RIVER ROAD | DISCOVERY PARK | SANDWICH | KENT | CT13 9ND

FINANCIAL BENEFIT

There is the potential to claim Enhanced Capital Allowances for investment in plant and machinery.

CUSTOMER CONNECTIONS

Discovery Park offers opportunities for occupiers to connect with a wide range of commercial organisations including opportunities to share services.

SIMPLIFIED PLANNING

Local Development Orders grant automatic planning permission for specified types of development within Discovery Park. Locating to Discovery Park enables a purchaser to potentially develop to accommodate the needs of your business saving considerable time and money.

ENHANCED INFRASTRUCTURE

Super fast broadband and easy access to motorways, rail, airports and ports all add to the appeal of Discovery Park.

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OLD BAY HOUSE RIVER ROAD | DISCOVERY PARK | SANDWICH | KENT | CT13 9ND

The units were purpose built by Pfizer within the last 10–15 years and were then purchased by Purogenix, a manufacturer of Amoxicillin, in 2013. The property was extensively refurbished and adapted to the specific production of this product.

Depending on the end users’ requirements, prospective purchasers are likely to be able to manage any potential exposure for Penicillin allergic employees or visitors to the facility through either careful recruitment processes/visitor controls or a de-contamination process.

Please be advised that if you have a Penicillin allergy, you will NOT be permitted access to the building.

PLANT & MACHINERY The plant and machinery as utilised by the previous occupiers currently remains in situ and is available for purchase either as a whole or in individual lots. A full schedule of equipment on site is available via [email protected]

Vacant possession can also be provided.

Previous userOLD BAY HOUSE RIVER ROAD | DISCOVERY PARK | SANDWICH | KENT | CT13 9ND

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OLD BAY HOUSE RIVER ROAD | DISCOVERY PARK | SANDWICH | KENT | CT13 9ND

Further details

TENUREThe main site is held freehold under title number – TT24219

There is a separate site used for car parking to the East of Ramsgate Road held on a 125 year long lease (TT24222) expiring on 08/04/2139 at a peppercorn rent. This interest must be transferred with the ‘related property’ i.e. the freehold.

USE CLASSThe property falls within use classes B1, B2 & B8 of the Town & Country Planning (Use Classes) Order 1987.

RATEABLE VALUEPart Ground & Part Mezzanine (281): £81,000 Part First Floor (281): £112,000 Part Ground and Part First Floor (281): £201,000

EPCBuilding 281: E (124) Building 282: G (207)

PRICEUnconditional offers for both the Freehold and Long Leasehold interests are invited.

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OLD BAY HOUSE RIVER ROAD | DISCOVERY PARK | SANDWICH | KENT | CT13 9ND

ContactGVA and Caxtons hereby gives notice that the information provided (either for itself, for any joint agents or for the vendors lessors of this property whose agents GVA and Caxtons are) in this brochure is provided on the following conditions:(1) The particulars are set out as a general outline only, for the guidance of intending purchasers and/or lessees and do not constitute an offer or contract, or part of an offer or contract. (2) All descriptions, dimensions and references to this property’s condition and any necessary permission for use and occupation, and any other relevant details, are given in good faith and are believed to be correct. However,

any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves of their correctness by inspection or otherwise. (3) No person in the employment of GVA and Caxtons, or any joint agents, has any authority to make or give any representation or warranty whatsoever in relation to the property or properties in this brochure. (4) All prices quoted are exclusive of VAT. (5) GVA and Caxtons shall have no liability whatsoever in relation to any documents contained within the brochure or any elements of the brochure which were prepared solely by third parties, and not by GVA and Caxtons.

Jamie LamondT +44 (0)20 7911 2123M +44 (0)7903 056 581E [email protected]

Vaughan HughesT +44 1227 207 088M +44 7791 666 629E [email protected]

On the instructions of Steve Absolom acting as Joint Administrator of Purogenix Limited and Purogenix (Holdings) Limited (“the Companies”). Steve Absolom is authorised to act as an insolvency practitioner by the Institute of Chartered Accountants in England & Wales. The affairs, business and property of the Companies are being managed by the Joint Administrators. The Joint Administrators act as agents of the Companies and contract without personal liability.