Industrial development for sale

FOR SALE - FREEHOLD - VACANT POSSESSION

18.187 ACRES (7.630 HECTARES)

(OR THEREABOUTS)

LAND WITH A FRONTAGE TO THE SOUTH SIDE OF

OXNEY ROAD, EASTFIELD, PETERBOROUGH, PE1 5YN

AND WITH

OUTLINE PLANNING CONSENT FOR
EMPLOYMENT DEVELOPMENT FOR UP TO 22,000 SQ. M
OF B1, B2 & B8 USES

PRICE: OFFERS IN THE REGION OF £9 MILLION ARE INVITED
(SUBJECT TO CONTRACT)

THE CLOSING DATE FOR RECEIPT OF OFFERS IS
12 NOON ON THURSDAY THE 4TH JULY 2024

THIS PRIME DEVELOPMENT SITE is located off Oxney Road which leads off junction 7 of Frank Perkins Parkway (A.1139) in Peterborough's Eastern Industrial Area about 2 miles north-east of the city centre. There is good access to the A.47 at junction 8 of Paston Parkway and to the A.1(M) via Frank Perkins and Fletton Parkways.

There is a main line railway service to King's Cross with journey times of less than one hour and other connections direct to Cambridge and Stansted Airport.

THE SITE extends to an area of 18.187 acres (7.360 hectares), or thereabouts, as shown within the boundaries edged red on the identification plan delineated in these particulars.

OUTLINE PLANNING PERMISSION has been granted by Peterborough City Council (with all matters reserved) under Reference 22/01345/OUT dated the 29th February 2024 for employment development of up to 22,000 sqm of B1, B2 and B8 uses, associated engineering, site works, car parking, incidental landscaping, drainage and other works.
A copy of the decision notice is available for inspection at the Joint Agents' offices. It can be viewed, along with other relevant plans and documents on Peterborough City Council's planning portal or via a Dropbox link available from either of the Joint Agents on request by e-mail.
The Illustrative Masterplan Layout for the development of the site is included in these particulars for information purposes only.

LOCAL AUTHORITY: Peterborough City Council, Sand Martin House, Bittern Way, Fletton Quays, Peterborough, PE2 8TY

SERVICES: It is understood that all mains services are available for connection onto the property.

TENURE: The property is freehold and is to be sold with vacant possession.

WAYLEAVE AGREEMENT: The land is subject to a wayleave agreement dated 22nd October 1974 for one tower and twelve conductors on the land.

VIEWING: Prospective purchasers wishing to view this property may do so without further authority from the Agents, but should carry a copy of these particulars with them during the course of their inspection and produce them if so requested.

NOTES: In accordance with the provisions of the Estate Agents Act, prospective purchasers are advised that the Vendors of this property are related to a partner of Jolliffe Daking Chartered Surveyors.



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SUBMISSION OF OFFERS


A. Offers must be submitted on the special form attached to these particulars;

B. Offers must be submitted in a sealed envelope (clearly marked “Offer for Oxney Road Development Site” on the back) to arrive at the Agent's office at 37 Broadway, Peterborough, PE1 1SQ by no later than 12 noon on Thursday the 4th July 2024.

C. Offers must be for a fixed amount (offers of, for example, “£250 in excess of any other offer received” will not be considered);

D. The offer form must be completed in full as partially completed forms may be disregarded;

E. The Vendor does not bind itself to accept the highest, or any, offer submitted and all those who submit offers will be notified of the Vendor's decision by post or E-mail at the earliest possible date.