Chartered Surveyors, Industrial & Commercial Land & Property Agents Northampton, UK.

RICS - Property in Business Campaign.

For more details on the Royal Institution of Chartered Surveyors and the Property in Business Campaign which has been specifically designed to help Small to Medium Enterprises (SME's) please use the following links - www.rics.org/downloads/property_in_business_summ.pdf and also www.rics.org

The RICS - Property Solutions Guide, packed full of advice on all aspects of commercial property matters for SME's is available by clicking on http://www.rics.org/about_us/property_solutions/

Requirements

"New Instruction"

Disaster Recovery Centre Requirement -

North Western Home Counties; 50,000 - 70,000 sq. ft. approx.

We are retained by Barclays Bank plc. to carry out a property search to satisfy this requirement. The detailed specifications are as set out below.

SEARCH AREA
The building must be located in accordance with the following requirements:
Within approximately 1 hour or within a 55 mile radius of Central London by train and car.
Outside of the M25 and to the North and West away from London.
Within an arc between the M11 and M40 extending out as far north as Milton Keynes.
Proximity to a large main line railway station is essential. Up to a 15 min walk will be acceptable.
Access to motorway/arterial routes is also preferred.
Good car parking facilities either at the building or close by to accommodate if possible up to 50% of the staff.(400). This could be provided in public Car Parks.

TYPE OF ACCOMMODATION
* Ideally, reasonable quality office accommodation is required. The client will however consider warehouse style buildings if they meet the brief and can be fitted out at a reasonable cost.
* Image is not a high priority.
* The accommodation can be either new or second hand and ideally requires little or no refurbishment.
* It can be either self-contained or within a larger multi-occupied building and should be of an open plan arrangement.
* The property should be easily accessible and comply with any DDA regulations.
* 24 Hour access will be required.
* The accommodation should include (or be capable of including) Air Conditioning and Raised Floors and sufficient power to support 800 work stations.
* On site or near by car parking should be available if possible to accommodate up to 400 cars. This is not essential.
SIZE
The facility is to accommodate up to 800 workstations. Based on a minimal occupation density of 60 - 80 sq. ft. per person this equates to between 50,000 sq. ft. to 70,000 sq. ft. approx. Facilities just outside of this range will be considered.

TENURE
Our client will consider either a freehold or a leasehold interest. Any lease would be for a term of 10 years, with flexibility incorporated.

TIMESCALE
The accommodation has to be acquired by June 2004.

Investments

We are actively seeking industrial/commercial investments throughout the UK. Funds available £11,000,000. Preferred lot size £2,000,000 - £5,000,000. Vacant or part income producing properties. Distress sales, receivership sales and similar, as well as competitively priced vacant industrials that require refurbishment or sub division. We can offer you an immediate response & our client needs to complete deals prior to November 2003.

On behalf of clients we are always seeking development land throughout our area of operation. This includes industrial, commercial, residential and leisure sites from 1.0 to 50 acres in size. If you have any commercial or industrial land or property you wish to dispose of or develop, please contact us immediately. You can be assured of a personal, confidential & prompt response.

Please contact us for more details at info@chadwickmcrae.co.uk