Land for sale

A strategic 2.48 acre grassland paddock which has been allocated as an employment site in the North Warwickshire Borough Council Local Plan.

Location
The land is located on the northern edge of the town of Atherstone, immediately north of the Holly Lane Industrial Park. The land is accessed off Gypsy Lane, which is off Rowlands Way, joining Holly Lane at the Aldi roundabout. The land is located under a mile from the A5, which links to the M42 in the northwest and the M69 in the southeast.

Travel Distances
• Nuneaton - 7 miles
• Tamworth - 8 miles
• Hinckley 10 miles
• Birmingham City Centre - 21 miles

Description
The land extends to approximately 2.48 acres of permanent pastureland. There is a single storey brick and tile building adjacent to the entrance off Gypsy Lane. The land is within Flood Zone 3.

The site forms part of the commercial strategy for Atherstone. As the site borders the Holly Lane Industrial Park, it is prime land for the extension of the industrial estate.

Planning
Under North Warwickshire Borough Council’s Regulation 19 Local Plan, the site is designated as an employment site. Further details on this can be found on the North Warwickshire Borough Council website.

Overage
The Vendor and their successors in title will reserve a 30% overage (over existing use value) payable in the event of a change of use or grant of a planning permission for any use other than agriculture or equestrian. The overage will last for 50 years.

Method of Sale
The land will be sold by private treaty.

Services
The land does not benefit from any mains services.

Tenure & Possession
The site will be sold freehold with vacant possession upon completion.

Rights of Way, Easements and Wayleaves
There are not believed to be any public or private Rights of Way which impact the property.

Local Authority
North Warwickshire Borough Council – www.northwarks.gov.uk / 01827 715341

Viewing
Strictly by prior appointment only.

Please contact Anna Meynell or Susannah Leedham at the Atherstone office on 01827 721380.

Plan, Area & Description
The plan, area and description are believed to be correct in every way, but no claim will be entertained by the Vendor or their Agents in respect of any error, omissions or misdescriptions.

The plan is for identification purposes only and is not to scale.

Anti-Money Laundering
Under the Money Laundering Directive (S12017/692) we are required to take full identification (e.g. photo ID and recent utility bill as proof of address) from a potential buyer before accepting an offer on the property. Please be aware of this and have the information available.