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Tesco Distribution Centre

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Newhouse Farm Distribution CentreChepstow NP16 6UP GwentWales
Ref: 2023

  • Size 282,297.00 ft² (26,226.24 m²)
  • Rent: Price on application
Giles Weir
Your contact
Giles Weir
0117 930 5782

Description

Description

> Approx. 20.21 acres
> Adjacent to Junction 2, M48 Motorway
> 10.5m eaves
Former Tesco Distribution Centre

Description

The property was built specifically for Tesco in 1988 and comprises a temperature controlled distribution warehouse and ancillary offices, gatehouse, lorry and trailer parking and separate car parking. The property extends to approximately 8.2 hectares (20.24 acres), which provides a site coverage of approximately 32%.

The warehouse is of steel portal frame construction with full height plastic coated profiled metal clad elevations, incorporating integral insulation and internal composite panels. The roof has been overclad to utilise plastic coated profile metal cladding and incorporates GRP skylights and ventilation louvers. There is a clear eaves height of approximately 10.5m (34 feet). The floors are of a suspended reinforced concrete design. The warehouse benefits from 57 loading bays located along the north and south elevations.

The property benefits from ancillary office accommodation which is arranged over three storeys totalling approximately 116,659 ft2 (1,548 m2). This office accommodation is of steel portal frame construction, separate from the portal frame construction of the main warehouse and utilises a shallow mono-pitched roof with profiled metal cladding incorporating double glazing at ground and two upper floors.

The property includes extensive lorry and trailer parking to the north and south elevations, and car parking is provided at the west and south elevations.

Accommodation

Unitsq ftsq m
Main Warehouse248,97523,130
Main Offices (Three Storey)16,6591,548
Additional Offices9,996929
Ancillary Buildings6,667619
Total282,29726,226

Legal Costs

Each party will bear their own legal costs incurred in the completion of the new lease.

Planning

The property benefits from a B8 planning consent which dates from December 1987. The Newhouse Farm industrial area is zoned for general industrial use in the Gwent Structure Plan. Areas such as Newhouse Farm are protected through local planning policy in order to ensure the continued provision of employment generating uses in the locality.

Terms

The entire property is let to Tesco Distribution Limited for a term of 15 years from 23rd March 2006. We are instructed by Tesco to seek an underletting of the whole until lease expiry in March 2021.

Transport Information

Energy Rating

Energy Rating

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Giles Weir
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JLL for themselves and for the vendors or lessors of this property whose agents they are, give notice that:-
a. the particulars are set out as a general outline only for guidance and do not constitute, nor constitute part of, an offer or contract;
b. all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are believed to be correct, but any intending purchasers, tenants or third parties should not rely on them as statements or representations of fact but satisfy themselves that they are correct by inspection or otherwise;
c. no person in the employment of JLL has any authority to make or give any representation or warranty whatever in relation to the property;
d. Any images may be computer generated. Any photographs show only certain parts of the property as they appeared at the time they were taken.
For properties in Scotland:
e. This correspondence is expressly subject to completion of formal legal missives in accordance with Scots Law
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