FOR SALE FORMER MANUFACTURING COMPLEX OF C. 266,470 SQ FT 1 THE GREEN, TULLYNACROSS ROAD, LAMBEG, LISBURN

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1 FOR SALE FORMER MANUFACTURING COMPLEX OF C. 266,470 SQ FT

2 SITE SUMMARY c.266,470 sq ft of industrial, office, storage and ancillary yard accomodation Set on site of c acres (c.7.11 hectares) Excellent owner occupier opportunity with redevelopment potential Strategic location on fringe of Lisburn City Centre Industrial hereditament, therefore exepmt from vacant rates liability. LOCATION Map 1 Lisburn is one of 4 cities in Northern Ireland and the 3rd largest city in the Province. The Lisburn urban area has an estimated resident population of 121,990 persons (NISRA 2013). Lisburn has excellent road connections, being located at Junction 6 of the M1 motorway, 8 miles west of Belfast City Centre. The city also connects directly to the A1, which gives easyaccess to Newry and Dublin. Lisburn also benefits from good rail links, being situated on the Belfast to Dublin rail line. Belfast International Airport is located some 16 miles to the north. The subject site is situated within Lambeg, a small settlement on the northern edge of Lisburn City. The site extends to c acres (c.7.11 hectares) and straddles the southern bank of the River Lagan. Access is off the Tullynacross Road (just off the B103 Lambeg Road), with the main Belfast to Lisburn (A1 Queensway) Road only a short distance away. The site has ready access to the motorway and main road network via the A1 and the Saintfield road M1 Motorway intersection at Lisburn, with Belfast located approximately 7 miles distant. For Indicative Purposes Only The immediate surrounding area comprises primarily of rural and low density housing, with numerous housing developments concentrated close to the main A1 Queensway Road. Lambeg Railway Station is within walking distance of the site. For Indicative Purposes Only

3 DESCRIPTION The subject property is set on a site of c acres (c.7.11 hectares), which is largely rectangular in shape. The northern boundary of the site sits on the banks of the River Lagan, with a brick wall running along most of this boundary. The western boundary fronts onto Tullynacross Road, which provides separate entrance and exit points and a security gatehouse. A cluster of residential dwellings sits adjacent to the western boundary. At the southern and eastern boundaries is an extensive grass-bank of approximately 25 ft in height that separates the site from the adjoining greenfields. The western, southern and eastern boundaries of the site are denoted and made secure by wire fencing. The site effectively comprises of two elements. The main warehouse / office and former production areas are situated at the front portion of the site. To the rear portion is a standalone warehouse surrounded by an extensive concreted open storage space, with an additional car parking area beyond. A concreted road network runs around the perimeter of the main buildings leading to and from the entrance and exit points off Tullynacross Road. The site provides ample circulation space for loading/unloading and HGV/vehicular parking. The site provides for approximately 266,470 sq ft of industrial, storage and ancillary office buildings, together with canopied loading bays. The buildings comprise a mix of good quality warehousing with the more modern warehousing elements providing for excellent accommodation and a good eaves height of c (c.7.3m). The former factory and warehouse accommodation interlink from front to rear. Aerial view from rear portion of site DESCRIPTION Site Area c acres (c.7.11 hectares). Aerial view from front of site

4 SCHEDULE OF ACCOMODATION Accommodation Type Area (Sq Ft) Area (Sq M) Offices Office Building & Stores 28,460 2,644 Former Factory Main Canning & Bottling Area 45,876 4,262 Ancillary Offices 2, Middle Storage Areas 24,983 2,321 Glass Bottling Area 10, Glass Cleaning Area 2, Storage Tank Rooms 7, Plant Rooms 4, Water Treatment 2, Warehousing Offices Site layout plan - for indicative purposes only Rear Warehousing 84,464 7,847 Former Factory Side Warehousing 18,944 1,760 External Rear Warehouse 4, Warehousing Canopied Loading Bays 25,424 2,362 Mechanics Garage 3, Mechanics Store 1, Total 266,470 24,756

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7 PLANNING The Belfast Metropolitan Area Plan 2015 is the adopted Area Plan for the subject lands, within which the site lies in countryside, immediately adjacent to the settlement development limit of the village of Tullynacross. The lands fall within the Lagan Valley Regional Park designation and the Lagan Valley Area of Outstanding Natural Beauty. Directly to the North of the site is identified as Local Landscape Policy Area TS 02 - River and Canal. Whilst not zoned for industrial use, the last use of the subject site was industrial and therefore Planning Policy Statement 4 Planning and Economic Development, contains pertinent policy and guidance regarding potential redevelopment of the site. Any prospective purchaser should seek professional planning advice regarding any redevelopment or partial redevelopment of the site. TITLE/ EASEMENT We have been advised title is Freehold, Fee Simple Absolute. As part of the sale, the vendor will retain ownership of a small proportion of the site together with an easement along part of the Western boundary of the site, as delineated on Map 1 for identification purposes only. All detailed title and easement documents are available for inspection from the online dataroom. RATES The property has a Net Annual Value of 351,500, with the current rate in for Lisburn and Castlereagh District Council being for 2015/16. The property recently qualified as an Industrial Hereditament under the Non-Domestic Rating (unoccupied property) Regulations (NI) The property is therefore exempt from vacant rates liability. EPC Copies of all Energy Performance Certificates are contained on the online dataroom. VAT We are advised that the subject property is VAT registered and therefore VAT will be charged in addition to the purchase price. PROPOSAL We are instructed to seek offers in the region of 4,250,000 (Four Million, Two Hundred and Fifty Thousand Pounds Sterling) exclusive. DATA ROOM An online data room has been prepared for prospective purchasers to review due diligence relating to the property. The data room includes title packs, draft sales contract, detailed easement maps, Energy Performance Certificates, planning, utilities, external/internal photographs and any other relevant information. For access details, further information and/or to register an interest, please contact: Joint Agent: Ian Duddy ian.duddy@colliers.com Douglas Wheeler Phillip Smyth dwheeler@lsh.co.uk pssmyth@lsh.co.uk Property Ref: DEV60 Sole Agent 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 Registered Office: 13 Waring Street, Belfast, BT1 2DX.