Commercial Property - Development - ROADSIDE COACH PARK LAND WITH POTENTIAL FOR RE-DEVELOPMENT

STRATEGIC LOCATION ON A43 CLOSE TO PROPOSED SOUTHERN EXTENSION A5 BY-PASS
LARGE RESIDENTIAL AND COMMERCIAL CATCHMENT
POTENTIAL FOR REDEVELOPMENT SUBJECT TO PLANNING
NEARBY OPERATORS INCLUDE: MCDONALDS, STARBUCKS, TRAVELODGE, MARKS & SPENCER AND BP
THE SITE IS AVAILABLE TO PURCHASE AT AN ASKING PRICE OF £500,000 EXCLUSIVE
Location: 

The subject plot is located 0.5 miles south of Towcester, a historic market town of 12,000 estimated population. Towcester is expanding rapidly and the proposals for a further 3,000 houses may require the construction of an A5 southern relief road and roundabout close to the subject plot, significantly increasing vehicle movements past the site.

Description: 

The site comprises of c. 0.5 acres (0.2 hectares) of a mixture of concrete and tarmacadam hard-surfaced land with metal perimeter palisade fencing. The site is currently used as a parking and servicing centre for a coach company.
The subject plot could potentially be suitable for a variety of different uses, subject to planning. Including: vehicle/plant hire/sales, drive-thru or self-storage.

Accommodation: 

Site area: approximately 0.5 Acres (0.2 Hectares)

Rates: 
Rateable Value: £19,250
Rates Payable 2019/120 £9,451.75

(Excludes Small Business Rates Relief which may apply)
The Rates Payable figure is an estimate. It does not take into account any Transitional Arrangements. It is important that interested parties verify this information with the relevant Borough Council Rating Department.

Terms: 

The subject plot is available to purchase at an asking price of £500,000 + VAT.

VAT: 

All figures quoted are exclusive of any VAT that the landlord may have a duty or choose to impose.

Legal Costs: 

Each party shall bear their own legal costs involved in the transaction.

Viewing: 

Strictly by appointment through the Sole Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657

Sub Location: 
TOWCESTER