Former Butterley Engineering Works Butterley Hill Ripley Derbyshire DE5 3QZ

  • Former Butterley Engineering Works<br>Butterley Hill<br>Ripley<br>Derbyshire<br>DE5 3QZ

Former Butterley Engineering Works
Butterley Hill
Ripley
Derbyshire
DE5 3QZ

Substantial site with Development Potential

  • Total site area approximately 5.36 hectares (13.24 acres)
  • Well located off the A610 and close to the A38 and M1
  • Planning report concludes ‘very good’ chance of securing planning consent for residential development
  • Adjacent to Cromford View Housing Development
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    85
  • Auction
    22nd October 2015
  • Vacant Possession
  • Status
    Sold
  • Price
    £905,000
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Administrators BDO
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Substantial site with Development Potential

  • Total site area approximately 5.36 hectares (13.24 acres)
  • Well located off the A610 and close to the A38 and M1
  • Planning report concludes ‘very good’ chance of securing planning consent for residential development
  • Adjacent to Cromford View Housing Development
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 85
  • Auction 22nd October 2015
  • Vacant Possession
  • Status Sold
  • Price £905,000
  • Sector
    Development
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Administrators BDO

Property Information

Location
Miles
11 miles north of Derby, 12 miles north-west of Nottingham, 25 miles south of Sheffield
Roads
A610, A38, M1 (Junction 28)
Rail
Ambergate, Alfreton and Langley Mill Railway Stations
Air
East Midlands Airport
Situation

The property is situated in a mixed use area ½ mile north of Ripley town centre. The site occupies a position to the south-east of Butterley Hill, immediately north of the A610, providing access to the A38 to the west and the M1 to the south-east. Morris Homes‘ popular housing development known as Cromford View was completed in 2011 and adjoins the site to the east.

Tenure

Virtual Freehold. Virtual Freehold – Held for a term of 999 years from 15th March 2006 at a peppercorn rent

Location
Miles
11 miles north of Derby, 12 miles north-west of Nottingham, 25 miles south of Sheffield
Roads
A610, A38, M1 (Junction 28)
Rail
Ambergate, Alfreton and Langley Mill Railway Stations
Air
East Midlands Airport
Situation

The property is situated in a mixed use area ½ mile north of Ripley town centre. The site occupies a position to the south-east of Butterley Hill, immediately north of the A610, providing access to the A38 to the west and the M1 to the south-east. Morris Homes‘ popular housing development known as Cromford View was completed in 2011 and adjoins the site to the east.

Tenure

Virtual Freehold. Virtual Freehold – Held for a term of 999 years from 15th March 2006 at a peppercorn rent

Description

The property comprises a substantial self-contained site of approximately 5.36 hectares (13.24 acres). The site has been cleared with the exception of two Grade II Listed buildings and contains a Scheduled Ancient Monument (No 1404832) in the form of the Former Butterley Works Blast Furnaces, Cromford Tunnel and underground Wharf.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a substantial self-contained site of approximately 5.36 hectares (13.24 acres). The site has been cleared with the exception of two Grade II Listed buildings and contains a Scheduled Ancient Monument (No 1404832) in the form of the Former Butterley Works Blast Furnaces, Cromford Tunnel and underground Wharf.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Use Site Area(Approx) Possession
Site
5.36 Hectares
(13.24 Acres)
 VACANT POSSESSION
Totals
5.36 Hectares
(13.24 Acres)
  

Contacts

Associate Auctioneers
FHP Property Consultants 10 Oxford Street
Nottingham
NG1 5BG
Theo Till 0115 841 1148theo@fhp.co.uk
Seller's Solicitors
Dentons UKMEA LLP 21 Station Road
Watford
WD17 1HT
Matthew Hind 020 7842 3311matthew.hind@dentons.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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