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Commercial Development Opportunity Manor Farm Packington, Leicestershire Commercial Development Opportunity

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Commercial Development Opportunity Manor Farm Packington, Leicestershire Commercial Development Opportunity COMMERCIAL DEVELOPMENT OPPORTUNITY MANOR FARM PACKINGTON, LEICESTERSHIRE COMMERCIAL DEVELOPMENT OPPORTUNITY MANOR FARM, PACKINGTON, LEICESTERSHIRE, LE65 1UZ Approximately 5.79 acres (2.34 Ha) Consented 25,775ft office conversion Location • A42 – 1 mile • Ashby-de-la-Zouch – 2 miles • Leicester – 17 miles Offers are invited in excess of £500,000 (five hundred thousand pounds) for the site and buildings. matherjamie.co.uk 01509 233433 Alex Reid MRICS [email protected] LOCATION LEGAL COSTS The subject property forms a set of former agricultural buildings in a courtyard site Each party will be responsible for their own legal costs incurred in the transaction. of approximately 5.79 acres with consent for a new road access from Measham Road to the west of the village of Packington as shown on the plan within these VAT particulars. VAT will not be charged on the sale price. The location is ideally positioned approximately 1.2 miles from Junction 12 of the PLANNING M42/A42 and 2.3 miles of Junction 13 of the A42/M42 ideally positioned with We understand the premises have planning consent for the Phase 1 conversion to superb road links between Birmingham and Nottingham via the A42/M42 B1 (Offices) of the Town and Country Planning (Use Classes) Order 1987. Planning approximately 10½ miles to the south of East Midlands Airport, 26 miles to the consent no: 16/00822/FULM. north of Birmingham Airport. The location is well-suited to a variety of businesses. Development Clause DESCRIPTION The property is sold subject to a development uplift clause. The clause specifies The site provides a series of former agricultural barns with consent for conversion that 50% of any uplift in value to the land, triggered as a result of a beneficial to office accommodation as per the plans within these particulars. The scheme Change of Use, other than the consented / proposed office use, will be payable to could provide approximately 25,000 ft² of new office space with ancillary parking the Vendor upon implementation or sale should such development occur within and accommodation. 25 years of the sale. Phase 1 currently identified to provide 12 offices totalling 15,625 ft² has planning BUSINESS RATES and Phase 2 is a proposal without planning consent for a further 2 buildings for Local Authority: NW Leics District Council conversion providing 10,150 ft². Period: 2018/2019 Rateable Value: To be assessed on development ACCOMODATION Phase 1 New Access Road Unit 1 185.80 m² (2,000 ft²) Unit 2a 74.32 m² (800 ft²) Unit 2b 74.32 m² (800 ft²) Unit 3a 123.10 m² (1,325 ft²) Unit 3b 120.77 m² (1,300 ft²) Unit 4a 123.10 m² (1,325 ft²) Unit 4b 120.77 m² (1,300 ft²) Unit 5 92.90 m² (1,000 ft²) Unit 6 141.68 m² (1,525 ft²) Unit 7a 127.74 m² (1,375 ft²) Unit 7b 125.42 m² (1,350 ft²) Unit 8 141.68 m² (1,525 ft²) Phase 2 Building A 650.32 m² (7,000 ft²) Building B 292.64 m² (3,150 ft²) PHASE ONE PHASE TWO 01509 233433 matherjamie.co.uk COMMERCIAL DEVELOPMENT OPPORTUNITY MANOR FARM, PACKINGTON, LEICESTERSHIRE IMPORTANT NOTICE All statements contained in these particulars are provided in good faith and believed to be correct, but Mather Jamie for themselves and the Vendors/Lessors of this property for whom they act give notice that:- • These particulars do not and shall not constitute, in whole or in part, an offer or a contract or part thereof, and Mather Jamie have no authority to make or enter into any such offer or contract. • All statements contained in these particulars are made without acceptance of any liability in negligence or otherwise by Mather Jamie, for themselves or for the Vendors/Lessors. • None of the statements contained in these particulars is to be relied on as a statement or representation of fact or warranty on any matter whatsoever, and prospective purchasers must satisfy themselves by whatever means necessary as to the correctness of any statements contained within these particulars. • The Vendors/Lessors do not make, give or imply, whether in these particulars or otherwise, any representation or warranty whatsoever in relation to the property, nor do Mather Jamie or any person in their employment have any authority to make, give or imply any such representation or warranty. • This statement does not affect any potential liability under the Consumer Protection Regulations 2008. Particulars issued November 2018..
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