ENKALON BUSINESS PARK FOR SALE AS ONE LOT
INVESTMENT / DEVELOPMENT OPPORTUNITY ENKALON BUSINESS PARK, ANTRIM, CO. ANTRIM, BT41 4LD
PROPERTY SUMMARY
M2
• Business Park extending to c.132,295 sq.ft on a total of c. 18.1 acres • Located in a highly accessible location adjacent the Junction 1 Retail Complex close to the M2 Motorway linking Belfast, Mallusk, Ballymena
• Currently part income producing with an annual income of £186,961.63 per annum
• Immediate asset management opportunities with re-gear of existing
ENKALON BUSINESS PARK
leases / letting of vacant space
• Vacant plots within the Park offer obvious development potential • Offers are invited Lough Neagh
SITE PLAN
Antrim Town
M2 / M22
LOCATION
Ballymena
Antrim is located approximately 17 miles north of Belfast, just off the M2 Motorway, providing excellent accessibility to Belfast and the rest of the province. The property is located North of Antrim Town Centre and c. 2.0 miles South of Junction 1 of the M2 Motorway in close proximity to the Junction One Factory Outlet and Retail & Leisure complex.
Junction 1 Retail Complex
ENKALON BUSINESS PARK Asda Antrim Business Park
Randox Science Park
ENKALON BUSINESS PARK, ANTRIM, CO. ANTRIM, BT41 4LD
Antrim Town Centre 1.0 mile
Enkalon Office and Industrial Park is prominently located approximately 0.75 miles from Antrim Town Centre at the entrance to the Enkalon Business Park. Other names of note within the area include ASDA, Tesco’s NI distribution centre and the new Randox Science Park.
DESCRIPTION Enkalon Business Park comprises the former Enkalon Factory building which has been sub-divided into 58 business units and 63 office suites, there is also a 3 storey Office building, a Garden Centre site with adjacent lock-up units, a car park site and two further plots of land within the wider Enkalon Industrial Estate. The total built accommodation extends to approximately 132,295 sq.ft (12,290.2 sq.m) whilst the total site area extends to c. 18.10 acres plus the Estate Road which leads from Randalstown Road to Kilbegs Road. The accommodation comprises the former Enkalon Factory which has been sub-divided into smaller Business units and a further cluster of buildings comprising the Garden centre and adjacent lock-up units which in total extends to c. 113,691 sq.ft. The Office Building is arranged over 3 floors with built space extending to c. 18,604 sq.ft. There are three undeveloped plots within Enkalon Business Park which may offer future development potential. Details are as follows: Plot A - c. 0.85 acres - a surface car park site located beside the bridge and opposite the Garden Centre. Plot B - c. 1.18 acres - located to the rear of Junction 1 Business Park. Planning Permission has been approved under Ref: T/2008/0478/RM for a commercial/ industrial unit. Plot C - c. 1.40 acres - located within the main holding adjacent the R&D Labs Building. Planning Permission has been approved under Ref: T/2007/0244/F for the development of 6 no. business units and 12 no. storage units. See the site plan overleaf. The sale will also comprise the Estate Road which leads from Randalstown Road through to the Kilbegs Road. Various users within the wider Enkalon Industrial Estate pay an annual maintenance charge for use of the road. Further details contained within the Tenancy Schedule overleaf.
ENKALON BUSINESS PARK, ANTRIM, CO. ANTRIM, BT41 4LD
PHOTOGRAPHS
PLANNING
PRICE
The subject is located within the Antrim Area Plan 1984-2001 and is located within the wider Enkalon Industrial Estate.
Offers are invited.
Planning Pemission has been approved for the following: T/2007/0244/F - Approved 27/06/08 - For development of 6 no. business units for use classes B1(c), B2 and 12 no. storage/distribution units for use class B4. T/2007/0291/F - Approved 19/06/08 - Proposed office redevelopment to include the demolition of the existing 3 storey office building and provision of 15 no. 2 storey own door offices and a 3 storey office block T/2008/0455/F - Approved 23/01/09 - Amendment to existing approval (T/2007/0291/F) to include provision of a 2 storey office block and 3 storey office block in liew of the 15 no. own door offices. T/2008/0478/F - Approved 27/01/09 - Proposed Commercial / Industrial unit for Use Classes: B1(b) call centre, B1(c) research and development, B2 light industry and B4 storage or distribution
FURTHER INFORMATION For further information or to arrange a viewing of this this property, please contact: Contact: Martin McKibbin
Contact: Jon Anderson
Tel:
Tel:
028 90 241 500
Email:
[email protected]
028 90 241 500
Email:
[email protected]
Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. Colliers International is the licensed trading name of Colliers Belfast Limited. Company Registered in Northern Ireland No. NI 614836. Registered Office: 13 Waring Street, Belfast, BT1 2DX.
PHOTOGRAPH
VAT The property is VAT registered and VAT will be payable on the purchase price.
Junction 1
EPC The EPCs for this property ranges from C62-F140. The EPCs are available upon request. TITLE Title and contract are available for inspection by appointment only via; Arthur Cox Solicitors, Victoria House, 15-27 Gloucester Street, Belfast, BT1 4LS. Contact Nicola McConnell
Tel: 028 90 230 007
Email:
[email protected]
ENKALON BUSINESS PARK, ANTRIM, CO. ANTRIM, BT41 4LD
ASDA
SITE PLAN
PLOT B PLOT C
PLOT A
ENKALON BUSINESS PARK, ANTRIM, CO. ANTRIM, BT41 4LD
AERIAL PLAN
M2 Motorway
ENKALON BUSINESS PARK
ENKALON BUSINESS PARK, ANTRIM, CO. ANTRIM, BT41 4LD
Enkalon Business Park, Antrim - Factory and Road Charges
Property
Description
Tenant Name
Area (Sq ft)
Rent PA (£)
Lease Start
Lease End
Next Review
Review Freq (yrs)
Notes
NAV
1 D1 2 D2
Vacant Vacant
355 355
1,050
3 D3
Vacant
355
880
4 D4
Vacant
323
870
5 D5
Vacant
646
1,600
6 D6
Vacant
4338
7 D7a
Project Design Engineering
880
7,350
570
-
Part of Office Lease
8 9 10 11 12 13 14 15 16
E1 E1a E2a E2b E2c E3 E3a E3b E4
vacant Vacant Vacant Vacant Vacant Site store Vacant Vacant S McCready
1,378 1,378 538 538 538 1808 699 387 904
£2,695.00
17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32
E5a E5b E6 E7a E7b E8a E8b E9 E10 E11 E12 F1 F2 F3 F4 F5 - F7
Stewart Moore Vacant Vacant Vacant Mervyn Stewart AW Greer Vacant Vacant Vacant Vacant Vacant Vacant Vacant Vacant Vacant L Gourley
646 699 4348 334 441 839 140 4930 5,457 4500 8180 8,826 5091 4531 5,048 12302
£970.00 £1,200.00 £1,800.00 £12,145.10
33 F8
Vacant
2,313
-
34 F8 (Part)
Brian Craig
1669
£4,800.00
35 36 37 38
F8a F8b H1 H2 - H4
Vacant Vacant D Ramadan MT Auto
1001 1453 1,400 506
£14,000.00 £2,440.00
39 40 41 42 43 44 45 46 47
J1a J1b J1c J2 J3 J4 J5 J6 J7
Vacant vacant vacant Vacant Arthur Pawlik vacant Vacant W Palmer D Novakov
204 107 107 1345 2691 2,691 2152 646 646
£5,400.00 £1,615.00 £2,400.00
01-Mar-14 01-Nov-13
31-Aug-14 30-Oct-14
48 49 50 51 52
J8 J9 J10 J11 R1
J Moorehead Brownlee T Gormley B Ellis R & D Labs
646 646 646 807 9688
£2,400.00 £1,800.00 £2,400.00 £2,400.00 £30,000.00
01-Jan-10 01-Jul-13 01-Aug-09 01-Jul-13 01-Sep-13
31-Dec-10 30-Jun-14 31-Jul-10 30-Jun-14 31-Aug-14
1,260
£6,529.36
01-Apr-99
31-Mar-20
54 External 1
Bridge Assoc & Shrubs & Tubs (D Eustace/ Concrete Ideas PHS All Clear
£5,000.00
01-Dec-06 31/11/2012
57 External 4
R & M Coaches ( J McGlone )
£2,000.00
19-May-14
3,200
1,550 3,100 01-Feb-14
31-Jan-15
01-Jul-14
30-Jun-15
01-Dec-12 01-Nov-01
30-Nov-13 31-Dec-02
Overholding - Can be determinated with 3 1,550 months notice 1,400 2,000 11,400 520 980 Overholding Overholding
19,800
17,700 27,500 7,450 01-Jan-12
30-Jun-12
13,200
53 V1 & V2
05-Feb-10
04-Feb-13
Overholding 5,950
01-Aug-14 01-Jun-11
31-Jul-17 31-May-14
01-Jan-13
31-Dec-13
900 Overholding - s/c cap 3,600 of £500pa.
3,300 Overholding 5,850 5,200 Overholding 1,500 Overholding Overholding Overholding 1,600 Overholding 2,550 Overholding Overholding- service charge cap £1000 pa 01-Apr-19 19,400
113,691
18-Feb-15
Tenant has served notice and willl vacate the premises on 30th September 2015 Overholding
£101,994.46
Fee Farm Grants / Road Charges 55 External 2
Rydir Partnership/Antrim Transform/ Ryan Turkington
56 External 3 External 5 External 6 External 7
RF Gilmore John McCann for the benefit of folio AN120353 Antrim Business Park management company May Estates
£260.00
Fee Farm Grant Received £260pa
£9,955.17 £8,000.00 £5,000.00 £7,000.00 £30,215.17
Confidential
Page 1
Enkalon Business Park, Antrim - Office Building
Property
Description
1 2 3 4 5 6 7 8 9
10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37
Confidential
001 - 018, 021, 023026 019 020 022 101-103 104 105 106 110
111 112 113a 113b 114 - 115 116 117 & 118 119 120 121 122 123 201 202 203 207 208 209 211 213 214 215 216 217 218 219-222 223 224
Tenant Name
Project Design Vacant Vacant Vacant Vacant Vacant Vacant Vacant Site Managers Office
Enkalon Foundation Vacant Vacant Vacant Moran Freight Services UK Ltd Vacant Convoi B.V. Vacant Vacant Vacant Vacant Von Plastering Vacant Vacant Vacant Vacant Vacant Vacant Vacant Vacant Vacant Vacant Vacant Vacant Vacant Vacant Vacant Vacant
Area (Sq ft) Rent PA (£)
5349 215 355 334 1061 197 395 157 237
320 369 718 474 989 185 379 189 194 194 194 194 450 237 237 237 237 237 487 324 368 237 612 237 275 1199 192 339 18,604
£39,262.50 -
£3,200 £7,440 £3,200 £1,649 £54,752
Lease Start
01-Nov-09
Lease End
31-Oct-12
01-Mar-11
01-Mar-12
01-Mar-12
28-Feb-13
Next Review
Review Freq (yrs)
NAV
Notes
Lease includes unit D7a industrial park. Overholding - s/c £17,900 cap £2 p.s.f £900 £1,300
Tenant has served notice to quit. Tenant will be vacating on £1,300 31.11.15 £1,300 £2,550 £1,900 Overholding Overholding £5,950 £1,750 £710 £7,750
25-Oct-10
31-Oct-11
Overholding £3,600 £3,050
£18,100
£2,200
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