Penrhos Works Holyhead Anglesey LL65 2UJ

On the Instructions of Anglesey Aluminium Metal Ltd

FOR SALE

Approx 74.53 hectares (184.16 acres) 114,781 sq m (1,235,500 sq ft)

Of interest to occupiers/developers/investors

A large industrial complex with port and rail connections and opportunities for processing industry, green industry, energy production or high energy users.

SHREWSBURY

CHESTER

BANGOR

HOLYHEAD

DUNLAOGHAIRE

DUBLIN

M6

A5

A55A55

M6

M58

M57

M62

M56

M60

M66 M62

M61

M54

M65M55

SNOWDONIA

MANCHESTERLIVERPOOL

M1

IRISH SEA

TO DUBLIN

RAIL LINK

Penrhos Works is located approximately 1 mile south east of Holyhead town centre on the east side of Holy Island on the Isle of Anglesey in North Wales. It is situated some 25 miles west of Bangor, and 85 miles west of Chester. The cities of Liverpool (95 miles to the east), Manchester (120 miles to the east) and Birmingham (175 miles to the south east) are easily accessible via the A55 (T) which links Holyhead to Chester and the UK national motorway network.

DRIVE TIMESLiverpool 1 hr 54 minManchester 2 hrs 19 minBirmingham 3 hrs 19 minChester 1 hr 40 min

Daily West Coast mainline rail services are available from Holyhead to London (Euston) (3 hrs 40 mins), Liverpool, Manchester, Birmingham and Cardiff as well as local services to Bangor, Llandudno and Chester.

By air there are daily return flights (Mon - Fri) from Anglesey Airport (Valley) to Cardiff (1hr 5 mins). The international airports of Liverpool and Manchester are easily accessible by both road and rail. There are daily ferry sailings from the Port of Holyhead to Dublin and Dun Laoghaire (2 hrs - 3.25 hrs one way).

UK Population Catchments based on road travel from Holyhead:

1 hour drive time: 348,6132 hour drive time: 3,636,4473 hour drive time: 13,461,0114 hour drive time: 22,375,900

Source: Experian Population Estimates 2007.

Click here for Google map.

Location

The site shown edged in red comprising the majority of Penrhos Works was developed between 1968 and 1970 for the commercial production of aluminium. The site extends to an area of approximately 74.53 hectares (184.16 acres) and is developed with a complex of production, workshop, storage, administrative and ancillary buildings with a gross internal floor area of approximately 114,781 sqm (1,235,500 sqft). The main vehicular access is taken from London Road (A5) on the northern boundary of the site. Approximately 33.53 Hectares (87.71 acres) of the site, located to the north east of the main complex of buildings, is being promoted through the planning system by the vendor for development of a 299MW Bio-mass power station. Further information can be provided to interested parties upon request.

The site

Building Ref Description Area (sqm) Area (sqft) Ridge Height (m)

Overhead Craneage

A A Frame 11,768.03 126,671 22.86

B Carbon Complex 15,776.27 169,816 6.73 to 26.3 1 No 3T GP*, 2 No 10T GP*, 2 No 18T/8T NKM Multi-purposeC Mainland Transfer Building 270.35 2,910 9.75

D Metal Products 21,736.25 233,969 18.4 3 No 15T GP*, 1 No 18.5T GP*, 1 No 20T GP*, 1 No 30T Semi Gantry

E Fabrication (inc. Substation) 2,405.79 25,896 10.71 1 No 3T GP*, 1 No 20T GP*, 1 No 35T Semi GantryF Workshop 1,837.24 19,776 8.56 1 No 10TG Garage (inc. Substation) 915.72 9,857 9.0H Civils, Electrics and

Workshops1,059.38 11,403 4.16

I Stores (inc. Mezzanine and Canopies)

2,679.44 28,841 8.99

J Small Stores 153.65 1,654 -K Fire Pumps 92.79 999 -L Potlines Maintenance

(inc. Mezzanine)260.12 2,800 5.05 1 No 2T Jib Crane

M Training 771.07 8,300 -N Potlines Building 45,546.83 490,266 11.4 4 No 30T GP* (2 No 15T Hooks) 8 No Cell Tending CranesO Compressor House I 283.18 3,048 6.0P Ralf Store 733.11 7,891 -Q Compressor House II 197.25 2,123 6.5R Bag House/Fume Treatment 2,759.94 29,708 16.15S1 AM1 495.69 5,336 -S2 AM2 1,742.05 18,751 -S3 AM2 Annexe 66.55 716 -S4 AM3 942.24 10,142 -T Admin Building 1,220.10 13,133 -U Canteen 582.11 6,266 -V Welfare 412.29 4,438 -W Gatehouse 73.17 788 -

TOTAL 114,780.61 1,235,498

K

AAM RAILWAYSIDINGS

CHESTER TOHOLYHEADRAILWAY

A55 DUALCARRIAGEWAY

SEWAGETREATMENT

RECLAIMATION YARD

ALUMINIUMSTORAGE

AREA

GASBOTTLES

WATER

GAS(TRANSCO)

RECITIFIERYARD

(SWITCH YARD)

CAR PARKCOKE SILOS (STORE)

CAR PARK

ISOLATIONPENSTOCK

VALVES

EAST GATEENTRANCE

A

B

B

BE F

GH

L

M

N

C

O

Q

P

R

S1

S2

S4S3

T U/V

I/JW

D

Schedule of AccommodationThe accommodation comprises the following buildings:

NB : * GP – General Purpose. All areas are approximate gross internal areas and, where on site measurement was not possible then derived from scale drawings.

SERVICES

Substantial mains services (Gas, Electricity, Water and Drainage) are connected to the site including:

• Mainelectricalfeedtothesiteis250MVA

• 10”Gasmain–390milli-barsofpressure

• 10”Watermain

Further details of the services serving each of the individual buildings will be made available on the Sharepoint website. There is an electrical connection agreement in place between Anglesey Aluminium Metal Ltd and National Grid which currently maintains an electrical supply to the Penrhos 132KV Substation for the benefit of future users of the site.

INFRASTRUCTURE

The available site benefits from substantial infrastructure including:

• Substantialcraneagewithinthemajorityofformer process buildings.

• Weighbridgeatthesiteexit.

• Siteiscurrentlyoperatedasasecuresitewith 24 hour security and CCTV monitoring with its own security lodge.

ADDITIONAL INFRASTRUCTURE FACILITIES

The site benefits from a direct conveyor link (3 km in length) from a deep water jetty (12.5 metres draft at chart datum) in Holyhead which has been in use to bring bulk materials directly from ship into the main site.

The deep water jetty and conveyor are not included within the property offered for sale, but could be made available for use by an end user, subject to agreement of commercial terms.

The site also benefits from a railhead with a directlinktothemainHolyhead–Chesterrailline which allows raw materials and finished products to be imported or exported by rail. Access to the railhead could be made available to end users subject to agreement of commercial terms.

Services & Infrastructure

TENURE

The property is held Freehold. The property is to be sold subject to any necessary rights, wayleaves and benefit of services that run through the property that are required for the future use of Anglesey Aluminium Metal Ltd’s retained land and premises.

TENANCIES

The property is to be sold subject to a limited number of short term unprotected tenancies details of which are provided on the Sharepoint website. The current gross rental income is £45,000 per annum. In addition to the above 3rd party tenancies, Anglesey Aluminium Metal Ltd currently operates a re-melt facility from the Metal Products building together with ancillary accommodation and external hardstanding. This occupation is to be formalised prior to the sale of the site.

RATING ASSESSMENT

The property is currently assessed for rating purposes as a single assessment as follows:

Description: Smelting Works & Premises

Rateable Value: £2,050,000 with effect from 1st April 2010.

This assessment relects extensive plant and machinery and will be significantly reduced following the decommissioning of the plant, please see the Sharepoint website for further details.

Further informationHolyhead

Port of Holyhead

A55

West Coast Mainline

TOWN PLANNING

The Council are currently in the process of preparing a new Local Development Plan for the County to replace the current development plan framework which involves the Unitary Development Plan (2001), Gwynedd Structure Plan (1993) and the Ynys Môn Local Plan (1996).

Within the adopted UDP the Penrhos Works Site is not specifically allocated but is shown as lying within a Local Action Area, where new development, redevelopment, rehabilitation and improvement which improves the town and port of Holyhead will be permitted.

For informal planning enquiries please contact IsleofAngleseyCouncil–Tel:01248752428 Email: planning@anglesey.gov.uk

VAT

VAT will be payable at the standard rate in addition to the purchase price.

Inside building N on plan – Potlines Building

Building B on plan – Carbon Complex Building Exterior yard area

ENVIRONMENTAL & DECOMMISSIONING

The decision to decommission Penrhos Works was taken in September 2010. Anglesey Aluminium Metal Ltd has already commenced the decommissioning of the site which is anticipated to take up to 18 months to complete. A Decommissioning Plan has been prepared which will be made available on the Sharepoint website.

Anglesey Aluminium Metal Ltd’s environmental advisers Golder Associates (UK) Ltd undertook a limited scope Phase II Environmental Site investigation in August 2007.

A copy of the Summary Report and Full Report will be made available for information purposes, upon the Sharepoint website. Interested parties are responsible for satisfying themselves as to the suitability of the site for their proposed use(s). Anglesey Aluminium Metal Ltd does not provide any warranty in relation to the site condition.

Anglesey Aluminium Metal Ltd maintains an Asbestos Register in relation to this site. Details will be provided on the Sharepoint website.

BUSINESS SUPPORT

The site is situated within a Tier 1 Assisted Area. Qualifying projects may be eligible for assistance, further information is available from the Welsh Assembly Government. Tel: 0300 062 5137.

Anglesey County Council Sasha Davies Programme Director - Anglesey Energy Island. Tel: 01248 752431.

VACANT POSSESSION

Vacant possession of the property, subject to the existing tenancies and the retained rights will be provided upon completion.

SHAREPOINT WEBSITE

A Sharepoint website has been set up to provide prospective purchasers with access to a virtual dataroom where more detailed information relating to the property can be found. Interested parties will need to register their initial interest with King Sturge in order to obtain a user name and password to access the Sharepoint website. Email: chris.prescott@kingsturge.com to register your interest.

VIEWING ARRANGEMENTS

It is proposed to hold a number of accompanied Viewing Days on 8th and 9th December 2010. Due to strict Anglesey Aluminium Metal Ltd’s Health & Safety requirements interested parties will only be able to undertake an inspection of the property by prior arrangement on the Viewing Days. Interested parties are therefore requested to register their interest in attending a Viewing Day at the earliest opportunity via King Sturge.

Interested parties are invited to submit an Expression of Interest by 12.00 noon on Monday 10th January 2011 to purchase the subject property in accordance with the information requirements set out below:

• Confirmationofthenameoftheacquiringorganisation, registered company number and registered address and day to day point of contact.

• Thelastthreeyearsauditedaccountsoftheacquiring organisation, together with any management accounts to date.

• Detailsofthepurchaser’sbankers,includingcontact details of the account manager.

• Confirmdetailsofthecompany’sprincipalbusiness activities.

• CV’softheprincipaldirectorsandsenior management team that would be responsible for the acquisition and future development/management of the property.

• Confirmationofhowthecompanyintendstofund the purchase of the property including any specific evidence of funding i.e. letter from bank/funding partners evidencing the availability of funds to complete this purchase.

• Evidenceofthecompany’strackrecordofpurchasing, developing and managing large industrial complexes and sites, and the job creation/quality of jobs created that resulted from these projects.

• Amaximumofthreerelevantexamplesof projects where you have worked in partnership with the public sector to deliver new employment and regeneration. Please confirm the company’s role and also provide details of the public sectors’ role in these projects including referees from whom we could take up references.

• DoesyourcompanycomplywiththeHealth&Safety at Work Act 1974? Does your company have a written Health & Safety Policy? Please provide a current signed copy.

• Hasthecompanyeverbeenconvictedofany Health & Safety offence or been served with a prohibition or improvement notices by the Health and Safety Executive (or other) in the last 5 years?

• Doyouintendtopurchasethepropertyinthe name of a Single Purpose Vehicle (SPV) set up specifically to acquire this property? If so please confirm whether its obligations under the contract would be guaranteed by its parent company.

• Anoutlineofwhatyouintendtodowiththe property together with a financial offer to acquire the property, clearly setting out details of any conditionality that you attach to the offer.

• Anyotherinformationthatyoufeelisrelevantin support of your Expression of Interest.

Disposal Process

Expressions of Interest are to be submitted to King Sturge, 42 Castle Street Liverpool L2 7LA by 12.00 Noon on Monday 10th January 2011. Please provide 3 hard copies of all requested information together with a CD containing an electronic version of the Expression of Interest.

Anglesey Aluminium Metal Ltd reserve the right not to accept the highest or indeed any offer received in respect of the property.

CONTACTS ChrisPrescott:01512426600–chris.prescott@kingsturge.com HelenMoss:01512426607–helen.moss@kingsturge.com

Misrepresentations Act. The accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein is not guaranteed and is for general guidance only and prospective purchasers or tenants must not rely on them as statements of fact or representations, and must satisfy themselves as to their accuracy. Neither King Sturge nor any of its employees, agents or representatives has any authority to make or give any representation or warranty or enter into any contract whatever in relation to the Property. Prices or rents quoted in these particulars may be subject to VAT in addition. The reference to any mechanical or electrical equipment or other facilities at the Property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function. Prospective purchasers/tenants should satisfy themselves as to the fitness of such equipment for their requirements. SUBJECT TO CONTRACT. NOVEMBER 2010.