Cumbria factory on market for £4m
Set on nearly five acres in Kendal, the warehouse was previously used for manufacturing desserts, yoghurt, and cottage cheese by dairy cooperative Dale Farm.
The 64,700 sq ft factory shut down last autumn and is currently being decommissioned. It contains a series of offices, lab rooms, a canteen, a chill store, a processing area and more.
Now, agent Edwin Thompson is marketing the freehold of the premises on behalf of Dale Farm. The guide price for the site is £4m.
“This is a rare opportunity for a purchaser to acquire a freehold site offering a range of warehouse accommodation with excellent loading and storage facilities within a large secure site and with a low building coverage of just 31%,” said John Haley, commercial partner at Edwin Thompson’s Kendal office.
Haley continued: “The property is suitable for an owner occupier or an investor who could come in and divide the building up, as well as the potential for developing further units on site.
“With the characteristics of the Kendal and South Lakeland commercial warehouse market, where demand is strong and supply at an all-time low, the sale is generating good early interest”.
The factory sits within the Shap Road Industrial Estate and can be accessed from Gilthwaiterigg Lane. Neighbours include Grosvenor House Papers, Anord Mardrix, and Kentdale Land Rover.
The site coverage for the premises is 31%, which would make it suitable for further development projects. These could include splitting the warehouse into multiple, leasable units and building additional warehouses on the site. These would, of course, be subject to planning permission.