Land for sale
Key information
Property description & features
- Tenure: Leasehold
A rare opportunity to purchase about 1 acre of land situated in Bedfordshire close to the A1 between Biggleswade and St Neots with an existing 3,000 Square Foot Underground Storage facility, the land also has residential planning permission to create a Unique 3,000 Square Foot House.
This former water storage facility has B8 use with the added benefit that we have a vast number of aggregates that can be excavated, including topsoil, sand, small and large stones with an anticipated income between £500,000 and £600,000. The hole that is left this could be used for inert waste generating further income, we would suggest you have a survey done to confirm this as we may have underestimated the volume.
The site would lend itself for storage and distribution and the existing storage unit could be converted to provide two large storage units each one 150 Square Meters with 4.2M floor to ceiling height ideal as units for storage or distribution or commercial units similar in principle to Screw Fix or Argos. The potential for containerized storage is good, If each of the storage units is 10 ft x 20 ft or 200sqft that equates to 217 storage units at say £1,000 a year that’s is £217,000 income per year.
An alternative use could be car storage, if each parking space requires 180 square feet, 1 acre of land would accommodate 242 parking spaces, this assumes no turning lanes and each parking space is right next to each other, alternative uses could include plant and machinery storage and open air storage.
The site is close to the A1M with large developments close by of modern houses and there is strong demand for storage and being within walking distance of the train station is a bonus.
The site is subject to strict viewing arrangements for health and safety reasons and can be dangerous hence the reason for not disclosing the address until you have contacted Alan Hilditch 0n[use Contact Agent Button].
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Broadband availability and predicted speed: obtained from Ofcom on March 10, 2022
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
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Energy Performance data and Internal floor area
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