Development Opportunity With Planning For Scrap Metal Depot Cambridgeshire

Price:

Freehold - £1,650,000

Seller Ref:

9657PE

Location:

Cambridgeshire

Business Type:

Commercial Property

See Other:

Development sites for sale in Cambridgeshire
Investment properties for sale in Cambridgeshire
Commercial property for sale in Cambridgeshire

Description:

THE BUSINESS:

HISTORY

• In possession of vendors’ family since the Beeching cuts of the 1960s
• Planning permission (still current) for scrap metal depot granted in 1965
• Waste Disposal Licence granted 1994
• Indicative response from planning authority that appropriate density B1 usage would be favourably considered

REASON FOR SALE

• Vendor wishes to fund retirement

FINANCIALS

• Business rates currently payable at £15,000 per annum

PREMISES

• A 7 acre site formerly a railway yard
• Maintenance building still in situ
• Easy access to A47 trunk road

STRENGTHS

• Location
• Very sizeable development opportunity
• Existing planning permissions in place
• Potential for flexible land usage

SCOPE

• Potential for usage in relation to existing planning permission
• Opportunities to vary usage, with plans already drawn for 91 B1 business units
• Scope for a mixed development

TENURE

• Freehold
• Rates £15,000 per annum

VIEWINGS:

• A non disclosure agreement will have to be signed and returned prior to any further information and viewing.

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Location Details:

• Located at Thorney, 6 miles east of Peterborough in Cambridgeshire • 7 acre site formerly part of railway sidings and yard • Very close to main A47 trunk road giving easy access to King’s Lynn and Norfolk