Freehold Residential Development Opportunity (Subject to consents)
Site area 0.73 Hectares / 1.8 Acres
Former Food Production Facility comprising Approximately 3,716 sq m (40,000 sqft)
3 miles south-west of Boston
Residential development potential (Subject to consents)
Lot 26
Auction 9th July 2020
Status Sold Post
Price
Sector Development
Auction Venue Live Streamed Auction
Property Information
Location
Miles
3 miles south-west of Boston
29 miles north of Peterborough
34 miles south-east of Lincoln
47 miles east of Nottingham
Roads
B1391, A16, A52, A17
Rail
Boston Railway Station
Air
East Midlands Airport
Situation
The property is located in Frampton, within a predominantly residential area some 3 miles south-west of Boston town centre and less than a mile north-west of the A16.
Tenure
Freehold.
Location
Miles
3 miles south-west of Boston
29 miles north of Peterborough
34 miles south-east of Lincoln
47 miles east of Nottingham
Roads
B1391, A16, A52, A17
Rail
Boston Railway Station
Air
East Midlands Airport
Situation
The property is located in Frampton, within a predominantly residential area some 3 miles south-west of Boston town centre and less than a mile north-west of the A16.
Tenure
Freehold.
Description
The property comprises a broadly level and rectangular site of approximately 0.73 Hectares / 1.8 Acres, upon which there is currently an industrial building and a car park. The building is a former food production facility arranged over two levels of a steel portal framed building and comprises a gross internal floor area of approximately 3,716 sq m (40,000 sq ft). The property may be suitable for residential development (subject to consents).
VAT
VAT is not applicable to this lot.
Note
The vendors have obtained a quote for the complete demolition of the existing building, clearing the concrete forecourts and foundations, details of which are available within the legal pack.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a broadly level and rectangular site of approximately 0.73 Hectares / 1.8 Acres, upon which there is currently an industrial building and a car park. The building is a former food production facility arranged over two levels of a steel portal framed building and comprises a gross internal floor area of approximately 3,716 sq m (40,000 sq ft). The property may be suitable for residential development (subject to consents).
VAT
VAT is not applicable to this lot.
Note
The vendors have obtained a quote for the complete demolition of the existing building, clearing the concrete forecourts and foundations, details of which are available within the legal pack.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
