land
Ref 17641

Commercial Development Land - Fernwood Business Park

Fernwood Business Park
NG24 3JP Newark

To buyPlease contact us
Size5.26 ac / 2.13 ha

Description

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

Description

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.

Planning

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.

Energy rating

Energy rating 0

Location and Transport

Fernwood Business Park is strategically located adjacent to the A1 and its junction with the B6326, approximately 2 miles south of Newark town centre. Direct access to both the A1 north and south is available.

Newark is a popular town, with strong demographics and a mixture of local, regional and national occupiers. The town has an established employment offer both office and industrial and set for significant housing growth led by the Newark Growth Point of circa 3,500 houses.

Disclaimer

JLL for themselves and for the vendors or lessors of this property whose agents they are, give notice that:

  1. The particulars are set out as a general outline only for guidance and do not constitute, nor constitute part of, an offer or contract;
  2. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are believed to be correct, but any intending purchasers, tenants or third parties should not rely on them as statements or representations of fact but satisfy themselves that they are correct by inspection or otherwise;
  3. No person in the employment of JLL has any authority to make or give any representation or warranty whatever in relation to the property;
  4. Any images may be computer generated. Any photographs show only certain parts of the property as they appeared at the time they were taken;
  5. If the Property is in Scotland, this correspondence is expressly subject to completion of formal legal missives in accordance with Scots Law.

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