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Llantarnam office space on the market for £4.75 million

Llantarnam office space on the market for £4.75 million

Lakeside House, located at Lakeside Park in Llantarnam Industrial Park, is listed with a guide price of £4.75 million by Savills Auctions - Commercial.
The property offers approximately 99,297 sq ft of office space, 382 car parking spaces, and sits on a site area of about 4.29 acres.
The estate agent has identified potential for the property to be used for industrial, logistics, or open storage purposes.
There is also potential for the installation of an EV charging station.
The office space is configured around a central atrium and is described by the estate agent as a "Grade A self-contained headquarter building occupying an imposing position at the heart of The Lakes Business Park."
The parking spaces are provided at ground level through a security barrier, equating to a parking ratio of 1:260 sq ft.
The site also offers asset management in its current use or development or change of use potential, subject to requisite consents.
Savills also revealed plans for a 93-unit residential development.
The proposed scheme would deliver a mixture of one, two, and three-bedroom units, catering to various lifestyle needs.
The drawings include amenity space such as a gym and executive suite as well as winter gardens on the first and second floors.
In terms of industrial use, subject to planning, the vendor has proposed a scheme comprising four logistics warehouses.
These warehouses would total 72,863 sq ft of prime space and would be located within the Golden Triangle.
The town hosts several significant financial and insurance firms, including Barclaycard, Nationwide Building Society, and Panasonic.
Travis Perkins, the UK's largest builders' merchant, also has its headquarters in Northampton.
The unemployment rate in Northampton stands at 3.1 per cent, which is below the national average of 3.7 per cent.
Repair services account for 19.2 per cent of all employment in the town.
Other significant sectors include Manufacturing (14.6 per cent) and Transportation & Storage (10.6 per cent).
Northampton is located centrally within the UK, around 65 miles north of London and 50 miles southeast of Birmingham.
The Lakes is situated just off the A428 Bedford Road, which connects directly with the A45 dual carriageway less than a mile away to the north.
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