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Lea Park, Corsham, SN13 9PH

For sale: POA|1100761.25 Sq Ft|General Industrial, Industrial

PROPERTY DETAILS

FOR SALEPOA
SIZE1100761.25 Sq Ft
ADDRESSLea Park, Lea Park, Monks Lane, Corsham, SN13 9PH
TYPEGeneral Industrial, Industrial
TENUREFor Sale Freehold
POSTED ON2nd May 2019

DESCRIPTION

Lea Park, Corsham



Location

Lea Park is situated to the east of Monks Lane which lies a short distance to the south of Corsham town. Corsham lies approximately eight miles to the east of Bath which can be accessed from the A4. The town of Chippenham lies approximately three miles to the north east. Junction 17 of the M4 lies approximately 7 miles to the north and is accessed by the A350. Whilst the property lies on the edge of Corsham, it is situated within a rural location. Neighbouring occupiers include Hanson and Octavian Wines who both operate from limestone mines. Access to the site is from Monk’s Lane off the B3353 (Silver Street).



We understand the property comprises a former Royal Navy stores depot which was constructed in the 1950s together with an underground storage facility. The depot lies within a site extending to approximately 2.66 hectares (6.59 acres) which slopes from south to north. The depot is situated partly over former limestone mine workings which, we understand, extends to a gross area of approximately 7.56 hectares (18.68 acres). The depot has access onto Monks Lane and offers a large tarmac car park which lies outside the main perimeter of the depot. Inside the perimeter lies offices, a gatehouse, boiler building, oil tanks and industrial storage buildings all built with concrete and asbestos panel elevations with roofs laid principally to asbestos sheets and flat felt. A number of the buildings are dedicated to the underground storage facility including a transporter winding room, pump room, air shaft and lift building. Below ground the mine was converted by the Ministry of Defence into underground storage facility in the 1950’s. It lies between 85-120 feet below surface. We understand that of the gross area there is approximately 22% retained as supporting pillars giving an area of 5.88 hectares (14.54 acres) and from this there is further 21% of the underground area utilised as access ways which results in an useable underground storage area of approximately 4.64 hectares (11.48 acres). Head height varies within the underground facility with an average of 4.57 m (15 ft) with a minimum of 2.73 m (9 ft) and a maximum of 6.09 m (20 ft). The temperature we understand within the facility is a constant 11 to 12 0c. The underground storage facility has a concrete floor with the space divided for fire purposes into three sections by means of roller shutter doors. It has the benefit of a separate staircase, lighting, emergency lighting, emergency exits, a fire detecting system, ventilation and dehumidification system and a rail transporter. There is also a pumping system with storage tank to deal with underground water. Above ground the property has an internal estate road which is laid to tarmac with street lamps. The perimeter of the property has concrete posts and security fencing. The accommodation above ground totals 64,510 sq. ft. The main warehouse has recently had the roof overlaid as an EDPM roof with a guarantee of 10 years. The office accommodation generally comprises open plan accommodation with double height ceilings and some internal private office space.

LOCATION

Location: Lea Park, Lea Park, Monks Lane, Corsham, SN13 9PH

Melksham (2.9 miles)

Chippenham (4.2 miles)

Bradford-on-Avon (5.8 miles)

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