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Overfield Park

4 Industrial Properties Offered at $33,612,371 in Multiple Locations

Investment Highlights

  • Speculative ‘Mid-Box’ Industrial Funding
  • Overfield Park benefits from excellent connectivity at the junction of the A1, A19 and A46, sitting equidistant from the key urban conurbations
  • The scheme will deliver 202,125 sq ft (18,777.41 sq m) GIA total on a site of 12.04 acres.
  • Rare opportunity to acquire a new build, institutional-specification industrial and logistics scheme on a forward funding basis
  • The development will comprise four mid box units with ancillary yardage ranging

Executive Summary

Overfield Park provides the opportunity to forward purchase a new, prime industrial and logistics development comprising 202,125 sq ft of institutionalgrade accommodation across four units.
The scheme benefits from a highly visible location with immediate access onto Winthorpe Interchange, which a number of the East Midlands region’s key transport routes.
The estate extends to 12.04 acres (4.87 ha) which has been allocated for employment use in the Newark and Sherwood Core Strategy. The developer, Lindum Group, will proceed to submit a detailed planning application on conditional exchange of contracts or earlier subject to agreement with a preferred party.
Lindum Group propose to sell the Overfield Park land asset to a funding partner and simultaneously contract to build the industrial accommodation, which will then be purchased by the funder at an agreed rate per sq ft. We have detailed the preferred disposal structure within this document.

Attachments

Overfield Park

Property Facts

Price $33,612,371
Price / SF $166.29 / SF
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 202,125 SF
Total Land Area 505.59 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Overfield Park
Overfield Park, Newark NG24 2UA
Industrial 78,750 SF 2025 -
Overfield Park
Godfrey Dr, Winthorpe NG24 2UA
Industrial 31,500 SF 2024 -
Overfield Park
Godfrey Dr, Winthorpe NG24 2UA
Industrial 28,875 SF 2024 -
Overfield Park
Godfrey Dr, Newark NG24 2UA
Industrial 63,000 SF 2024 -
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  • Listing ID: 28967512

  • Date on Market: 7/11/2023

  • Last Updated:

  • Address: Overfield Park, Newark, NTT

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