Commercial Development Land - Fernwood Business Park
Fernwood Business Park
NG24 3JP Newark
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Rare opportunity to acquire long leasehold commercial development land at Fernwood Business Park in Newark.
- Excellent communication links
- Strategically located adjacent to the A1
- Outline planning permission approved for B1(a) development
- Long leasehold subject to 999 year lease from September 2007
Fernwood Business Park comprises a 38 acres (15.4 ha) business park with ancillary uses. Phase one was built out to deliver 15 office units providing a range of suites and buildings up to 10,070 sq ft, alongside this a family pub. A Free School is currently under construction.
The opportunity comprises of two adjoining plots which can be combined. Plot 1B, being the remaining land from the Phase 1 office development and Plot 2 which is undeveloped in its entirety.
In total both sites extend to approximately 5.26 acres (2.13 ha), broken down as 0.7 acres (0.28 ha) Plot 1B and 4.56 acres (1.8ha) Plot 2. The plots have road access from William Hall Way, in turn Cross Lane and B6326, linking directly to the A1 both north and south. The sites
are currently open grassland.
Wider amenities are available within the village centre of the wider Fernwood residential
development, being situated directly opposite to Fernwood Business Park.
The site has a planning permission for B1(a) development.
The reserved matters of the outline planning permission 99/50008/OUT were approved in October 2009. The planning permission included the erection of 24 two storey, semi-detached office units, 3 two storey detached office units, 2 three storey office units and ancillary roads, car parking and landscaping.
Further information can be obtained from Newark and Sherwood Planning Department.