Weights Lane, Birmingham Road, Bordesley, Redditch, B97 6RG

Guide price

£1,500,000 + VAT

Weights Lane, Birmingham Road, Bordesley, Redditch, B97 6RG

Weights Lane, Redditch

Call 01527 584242 PDF Download

Property ID: 38667

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Description

£1,500,000 + VAT

Weights Lane, Birmingham Road, Bordesley, Redditch, B97 6RG

£1,500,000

Development Land

Weights Lane, Birmingham Road, Bordesley, Redditch, B97 6RG

FEATURES

  • Approx 3.5 acres
  • Area zoned for employment uses
  • Prominent site adjacent A441
  • Convenient Location 5 minutes Junction 3 of M42
  • Roughly level site
  • Mixed use area bordered by residential and leisure uses

DESCRIPTION

We are pleased to offer this unique development site in a prominent location, adjacent to Birmingham Road, A441, one of the main arterial routes into the Town from the M42 being two miles to the north. The site is located just north of Redditch Town Centre. The site is roughly level and is positioned in a mixed use area being bordered by residential and leisure uses. The site extends to a total of approximately 3.5 acres (1.41 ha), as shown on the attached plan, and is a virgin, roughly level plot ready for development.

PLANNING

Historically, the site was consented under ref 2012/120/OUT for 5,000 sqm (gross) Class B1 office floorspace. The Site is in an area allocated for employment to meet the Strategic Employment Requirement for the period 2011-30 under Policy 23. Policy 23 as a strategic planning policy allows for B1 B2 and B8 uses. Purchasers are to make their own enquiries of Redditch Borough Council Planning Department.

TENURE

Freehold. Our Client requires an overage clause of 50% of any uplift in value over existing use value for B1, B2 and B8 commercial uses in the event the purchaser obtains any change in planning status of the site via permitted development/consent howsoever granted.

FEES

Each party wil be responsible for their own legal costs.

PRICE

Offers in the region of £1.5 million

VAT

We understand that VAT will be payable.

VIEWING

Strictly by appointment with our Reception on 01527 584242.

£1,500,000

Development Land

Weights Lane, Birmingham Road, Bordesley, Redditch, B97 6RG

FEATURES

  • Approx 3.5 acres
  • Area zoned for employment uses
  • Prominent site adjacent A441
  • Convenient Location 5 minutes Junction 3 of M42
  • Roughly level site
  • Mixed use area bordered by residential and leisure uses

DESCRIPTION

We are pleased to offer this unique development site in a prominent location, adjacent to Birmingham Road, A441, one of the main arterial routes into the Town from the M42 being two miles to the north. The site is located just north of Redditch Town Centre. The site is roughly level and is positioned in a mixed use area being bordered by residential and leisure uses. The site extends to a total of approximately 3.5 acres (1.41 ha), as shown on the attached plan, and is a virgin, roughly level plot ready for development.

PLANNING

Historically, the site was consented under ref 2012/120/OUT for 5,000 sqm (gross) Class B1 office floorspace. The Site is in an area allocated for employment to meet the Strategic Employment Requirement for the period 2011-30 under Policy 23. Policy 23 as a strategic planning policy allows for B1 B2 and B8 uses. Purchasers are to make their own enquiries of Redditch Borough Council Planning Department.

TENURE

Freehold. Our Client requires an overage clause of 50% of any uplift in value over existing use value for B1, B2 and B8 commercial uses in the event the purchaser obtains any change in planning status of the site via permitted development/consent howsoever granted.

FEES

Each party wil be responsible for their own legal costs.

PRICE

Offers in the region of £1.5 million

VAT

We understand that VAT will be payable.

VIEWING

Strictly by appointment with our Reception on 01527 584242.

Asking price

£1,500,000

+ VAT

Weights Lane, Birmingham Road, Bordesley, Redditch, B97 6RG

Weights Lane, Redditch

Property ID: 38667

Call 01527 584242 PDF Download

Share this property