MapResidential development
Sold STC
Residential development
2.00 acre(s)
Features and description
- Tenure: Freehold
- 4 Workshop units: circa 2,500 Sq ft total
- Office Building (7 Units) with facilities: circa 2,700 Sq ft
- Semi Detached House and gardens of circa 0.17 acre
- Car Park with compacted surface and central Woodland
- 2 miles North of Oakham
- 2 Units currently occupied
A 2 acre business park with existing buildings and potential for development
Offers over £550,000 Freehold
A 2 acre business park with existing
buildings and potential for development
Offers over £550,000 Freehold
Summary - Size - 2 Acres
Price £550,000 Unconditional Bids Only
Legal Fees - Both parties will be responsible for their own fees. Ingoing Party will Contribute £1,500 + VAT to the Vendors Fees
VAT - No VAT
EPC - Office Property graded as E-E (112-122) Workshops Exempt - Industrial unit with little or No demand for heating.
Description - Occupying 2 acres of mainly brownfield land, Ashwell Business Park has a range of workshops, a single storey office building and a semi detached house, currently used
as office/welfare. The remainder of the land is part car park and part woodland with potential for development.
The land lies alongside the Langham Brook which caused some flooding and development will need to take account when setting new floor levels. The site lies
within Flood Zone 3 although some areas are flood zone 1 or 2. 2 of the 4 Industrial Workshops are currently tenanted with tenants "holding over" and new leases can be agreed if required. The single storey Office/storage hub is unoccupied. The Semi Detached former house is vacant.
Drainage is currently to a septic tank which also serves the adjoining roadside semi detached house and the septic tank is within the site boundary being sold. To the
South, the land adjoins land owned and occupied by Rutland County Council's Highways department, to the West is the Oakham Road and to the North and East are
agricultural fields.
Location - Situated 2 miles North of Oakham Town centre in Rutland the Ashwell Business Park is between the Oakham Enterprise Park and Ashwell Garden Centre on the Oakham
Road leading North. The A1 to the North and South can be accessed at Greetham 7.5 miles to the North East and the M1/M69 at Leicester is around 30 miles to the West.
Terms - Offers are invited on an unconditional basis for the freehold of the land and buildings. An overage agreement will be required for any change of use for residential development, the final terms for which will need to be agreed. Offers in excess of £550,000 supported by proof of funds will be considered and any offer will require Council Committee approval prior to Solicitors being instructed. Purchasers will be required to provide an undertaking for £1,500 + VAT towards the Vendors legal fees, payable whether the transaction completes or not.
Services - Mains Electricity and Water are connected to the site. Drainage is to an onsite septic tank. Gas is not connected to the site but is believed to be in the Oakham Road
Legal Fees - Each party to bear their own costs. Ingoing Party will Contribute £1,500 + VAT to the Vendors Fees
Viewing - Viewing is strictly by prior appointment with the agents P & F Commercial [use Contact Agent Button] or [use Contact Agent Button]
Offers over £550,000 Freehold
A 2 acre business park with existing
buildings and potential for development
Offers over £550,000 Freehold
Summary - Size - 2 Acres
Price £550,000 Unconditional Bids Only
Legal Fees - Both parties will be responsible for their own fees. Ingoing Party will Contribute £1,500 + VAT to the Vendors Fees
VAT - No VAT
EPC - Office Property graded as E-E (112-122) Workshops Exempt - Industrial unit with little or No demand for heating.
Description - Occupying 2 acres of mainly brownfield land, Ashwell Business Park has a range of workshops, a single storey office building and a semi detached house, currently used
as office/welfare. The remainder of the land is part car park and part woodland with potential for development.
The land lies alongside the Langham Brook which caused some flooding and development will need to take account when setting new floor levels. The site lies
within Flood Zone 3 although some areas are flood zone 1 or 2. 2 of the 4 Industrial Workshops are currently tenanted with tenants "holding over" and new leases can be agreed if required. The single storey Office/storage hub is unoccupied. The Semi Detached former house is vacant.
Drainage is currently to a septic tank which also serves the adjoining roadside semi detached house and the septic tank is within the site boundary being sold. To the
South, the land adjoins land owned and occupied by Rutland County Council's Highways department, to the West is the Oakham Road and to the North and East are
agricultural fields.
Location - Situated 2 miles North of Oakham Town centre in Rutland the Ashwell Business Park is between the Oakham Enterprise Park and Ashwell Garden Centre on the Oakham
Road leading North. The A1 to the North and South can be accessed at Greetham 7.5 miles to the North East and the M1/M69 at Leicester is around 30 miles to the West.
Terms - Offers are invited on an unconditional basis for the freehold of the land and buildings. An overage agreement will be required for any change of use for residential development, the final terms for which will need to be agreed. Offers in excess of £550,000 supported by proof of funds will be considered and any offer will require Council Committee approval prior to Solicitors being instructed. Purchasers will be required to provide an undertaking for £1,500 + VAT towards the Vendors legal fees, payable whether the transaction completes or not.
Services - Mains Electricity and Water are connected to the site. Drainage is to an onsite septic tank. Gas is not connected to the site but is believed to be in the Oakham Road
Legal Fees - Each party to bear their own costs. Ingoing Party will Contribute £1,500 + VAT to the Vendors Fees
Viewing - Viewing is strictly by prior appointment with the agents P & F Commercial [use Contact Agent Button] or [use Contact Agent Button]
Property information from this agent
About this agent
P&F Commercial is a well-established Commercial Estate Agency business operating across the EastMidlands. Centrally located in Rutland, with the major Cities of Leicester, Nottingham, Peterboroughand Northampton all within 40 miles, P&F Commercial are perfectly located to handle all types ofCommercial property including Shops, Offices, Industrial Units, Post Offices and any other generalInvestment/property businesses. With over 40 years combined experience in the property business, P&F Commercial has a wealth ofspecific knowledge in the sector. P&F Commercial do not just deal in vacant property but can assistbuyers and sellers in the transfer of operating businesses and are perfectly placed to assist start up’sand SME’s in the acquisition, lease or sale of the premises essential to making the enterprise asuccess. We understand that buying, selling or leasing property can be a stressful time and we are more thanhappy to handle the transaction discreetly with or without formal open market promotion and wecan arrange meetings and viewings outside office or working hours as necessary. We can handle any property from the lease of the smallest shop or office unit to multi-million poundfreeholds and we take pride in the way we can market our client’s properties using selected InternetPortals, our own website at www.pandfcommercial.com and our extensive database. We are always happy have an open chat about the services we can offer so please give us a call to discuss your requirements.