Development Site Broadway, Yaxley, Peterborough, Cambridgeshire, PE7 3EH

Lot Image

Auction sale - Monday 19th February 2018

Result:

Unsold, the last bid was £1,560,000. Please refer to Auctioneer for Reserve

  • Freehold land and industrial buildings
  • Site of about 12.01 acres (4.86 hectares)
  • Industrial development opportunity
  • Three miles from A1 Motorway (Junction 16)
  • Vacant possession

Addendum

Development Site, Broadway, Yaxley, Peterborough
Title numbers CB418916 and CB415489 being the northern (front) two parcels of land shown in the sales particulars have been withdrawn from the auction. The plan in the catalogue is incorrect and we would advise interested parties to review the legal documentation. The site area for the remaining rear parcel of land being offered for sale is approximately 7.75 acres (3.136 hectares). The two insert photographs on the top right hand page of sales particulars in the auction catalogue should be disregarded as these depict buildings on the land that has been removed from the auction.
Our client has exchanged contracts on title numbers CB418916 and CB415489 9that have been removed from the auction), on the basis of a deferred completion to take place later on this year. These sites may therefore still be available immediately by separate negotiation as per our original sales particulars, but on the basis of a deferred completion. Please contact Oliver Childs for further information.

Details

Location

Summary: A site of 11.84 acres (4.79 hectares), with potential for development
Miles: Cambridge 35 miles, Northampton 41 miles, Norwich 77 miles, London 95 miles
Roads: A15, A47, A1 (M)
Rail: Peterborough Railway Station
Air: Birmingham International Airport, Luton Airport
Nearby Occupiers: Clarke Steel, MRM Transport, Bishops 4x4 Intercounty Trucks, Eagle Business Park

Description

The property comprises an irregular shaped site of about 12.01 acres (4.86 hectares) which consists of a number of single and two storey industrial and office buildings and open land. The site was previously used as a mushroom farm and laboratory buildings but is now fully vacant. The site is located 3 miles from Junction 16 of the A1 (M), at Norman Cross, with access to the Parkway System around Peterborough. We understand that all mains services are available to the site from Broadway. The site has a significant frontage to the east coast main line.

Tenure

Freehold

Planning

We understand that the property is allocated for employment use in the Huntingdon Local Plan. An outline planning consent was also granted for industrial and warehouse uses. Application Number 1202024OUT on 19/04/2013. For further information contact Peterborough City Council (01733 747474) www.peterborough.gov.uk

VAT

Refer to the legal documentation

Energy Performance Certificate

See website

Address Acres Hectares
Yaxley Site 12.01 4.86
1) The site area has been obtained from Promap and is for guidance only.
2) The buildings on the site have a total external gross area of 169,725 sq ft (15,768 sq m). These areas have been provided by vendor.

Contact

Seller's solicitor

Crown Gate Law

Saifur Rehman

0121 554 8851

s.rehman@cglsolicitors.com

* Guide price

The guide price is an indication of the minimum price at which, or if a guide price range is given, within which, the seller is prepared to sell at the date of publication. The guide price is not an anticipated sale price or valuation. All prices quoted are subject to contract.

* Reserve price

The reserve price is the minimum price acceptable to the seller and the price below which the auctioneer cannot sell.

Both the guide and reserve may be subject to change up to and including the day of the auction. The guide price does not include either VAT which may apply to the sale or other amounts the seller may charge. The seller’s Special Conditions of Sale and addendum if any, will state whether there are other seller’s charges and whether the seller has elected to charge VAT on the sale price. On the fall of the hammer a buyer’s fee is payable of £990 inclusive of VAT.

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