Former Foundry, Springfield Road, Grantham , NG31 7BG

  • Substantial redevelopment opportunity located close to Grantham town centre & the A1
  • Cleared site ready for development
  • Offers considered on a subject to planning basis

Description

The site comprises a former foundry with associated storage units.

The owners are in the process of demolishing all of the existing buildings on site and following completion of these works will undertake a programme of full remediation works.

Floor Area

From digital mapping we calculate the site to have the following gross
area:-

1.59 Hectares (3.936 Acres)

Location

The town of Grantham is located in South Lincolnshire approximately 23 miles east of Nottingham and 25 miles south of Lincoln with a resident population of approximately 38,000 inhabitants.

The A1 runs to the west of the town centre providing excellent road communications.

This former foundry site is located on Springfield Road in a mixed commercial/residential area and is easily accessible from both the A607
and A52.

Tenure

The site is available freehold.

The price will be £1,000,000 (one million pounds).

Offers will be considered that are conditional upon the prospective purchaser securing planning consent for their proposed development.

The sale price will be subject to VAT charged at the prevailing rate.

In accordance with Anti-Money Laundering Regulations, two forms of I.D.
and confirmation of the source of funding will be required from the
successful purchaser.

Legal Costs

Each party will be responsible for their own legal costs incurred in documenting the transaction.

Town and Country

The site has an established employment use.

In our opinion the site is suitable for comprehensive redevelopment for continued employment use or alternatively would be eminently suitable for residential or residential care home redevelopment.

Interested parties will need to make their own specific enquiries of South Kesteven District Council Planning Department prior to submitting any offer for the site.

Your contact at NG is;

James McArthur, Direct Dial: 0115 989 7093


To find out more about this property, give us a call on 0115 958 8599