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Convenience Store Plot, Hollycroft Grange, Normandy Way, Hinckley, Leicestershire, LE10 3FJ

For sale: POA|0.74 Acres|Retail - High Street, Land, Retail, Commercial Land

Property details

FOR SALEPOA
SIZE0.74 Acres
ADDRESSConvenience Store Plot, Hollycroft Grange, Normandy Way, Hinckley, Leicestershire, LE10 3FJ
TYPERetail - High Street, Land, Retail, Commercial Land
TENUREUnder Offer, For Sale Freehold
POSTED ON1st October 2022

Description

SUMMARY

Rare opportunity to purchase prime serviced development plot of 0.74 acres, consented for 500 sq m of convenience retail in the sought after market town of Hinckley, in the heart of new homes development comprising up to 850 dwellings and a new school situated off the A47 - Normandy Way.

Planning granted for 500 sq m (5,383 Sq Ft) of convenience retail ref: 15/00188/OUT

Prime roadside position fronting the site and A47 Normandy Way

Forms part of a wider new homes development comprising 850 dewellings extending to 44.04ha

Price on application - best offers sought by 22nd September 2021 at 5pm


LOCATION
The site is located within a new housing development by Bloor Homes known as Hollycroft Grange, which, once completed, will provide up to 850 dwellings.

The site is accessed via a roundabout off the busy A47 trunk road which benefits from high levels of passing traffic. The site is highly visible from the A47. Hinckley town centre is within walking distance. The site is conveniently located for access to Leicester, Nuneaton, Derby, Nottingham, Coventry and Birmingham.

As part of the development and in addition to the new district centre the development will include a new primary School, an amphitheatre, allotments, affordable housing, children's play area, playing fields alongside additional landscaped open spaces.


DESCRIPTION
A circa 0.74 acre development site with planning for a 500 sq m (5,381 sq ft) convenience store development and associated parking, set within a wider development by Bloor Homes which will comprise up to 850 dwellings.

The plot is to be sold fully serviced and with the adjoining access road being constructed by the vendors.

WIDER DEVELOPMENT
Outline Planning Approval for: 850 dwellings, 500 sq m of food retail, primary school, new traffic roundabout, community facilities including sport pitches, parkland, children's play area and allotments.
Reserved Matters have been approved for the first two phases of development, which are for 260 dwellings.
First sales are anticipated H2 2021.
Timing -anticipated that phase 1 and 2 will be build complete towards the end 2024
Phases 3 and 4 are likely to commence 2022/2023.
The subject site is within Phase 3.


PLANNING
The site benefits from outline planning consent for 500m of convenience retail floor space, which was granted by Hinckley and Bosworth Borough Council on 3 May 2018 (application reference 15/00188/OUT).

The first reserved matters approval for 260 dwellings to the south of the entrance of the site also included a bus stop and layby immediately adjacent to the convenience store.�
The Hinckley and Bosworth Local Plan (2006 to 2026) required 1,120 new homes to be built in Hinckley by 2026 in addition to 6 hectares of new office development within the same timeframe.� The Hollycroft Grange development is the main housing allocation within the town and is the main focus for growth.


PRICING
Price on application.

DATA ROOM
A full suite of documents is available in the data room.

SERVICES
Mains services will be available for connection. The site is to be sold as a serviced plot.

TIMING
We are inviting offers for the freehold interest to be received by 22nd September 2021 at 5pm.

TENURE
Freehold with vacant possession

ANTI MONEY LAUNDERING
The successful purchaser will be required to submit information to comply with Anti Money Laundering Regulations.

VAT
Unless otherwise stated, all prices and rents quoted are exclusive of Value Added Tax (VAT). Any intending purchaser should satisfy themselves independently as to VAT in respect of this transaction.

VIEWINGS
Interested parties will be able to inspect from the service road.


CONTACT:
BEN FLINT - BEN.FLINT@FISHERGERMAN.CO.UK / 07770822770
ROB CHAMPION - ROB.CHAMPION@FISHERGERMAN.CO.UK / 07530259915

( Agency Pilot Software ref: 104746 )

Location

marker
Location: Convenience Store Plot, Hollycroft Grange, Normandy Way, Hinckley, Leicestershire, LE10 3FJ

Hinckley (1.7 miles)

Nuneaton (4.9 miles)

Narborough (6.7 miles)

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