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Bourne Rd - Land At Junction Of A1 And A151

9 Acres of Commercial Land Offered at $319,509 in Grantham NG33 5JN

Investment Highlights

  • Located to the north of Colsterworth Services
  • Adjacent to McDonald's and Jubilee Service Station
  • Good access to A1 north and southbound

Executive Summary

Given the location and surrounding development, we believe there could be potential for commercial expansion or industrial development, subject to planning. The guide price is £250,000. We are inviting offers subject to a 25% overage for 50 years. However, the landowner may consider offers without overage depending on price.

Property Facts

Price $319,509
Sale Type Investment
Tenure Freehold
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 9.00 AC

1 Lot Available

Lot

Price $319,509
Price Per AC $35,501
Lot Size 9.00 AC

The property is of irregular shape, comprising of two adjoining paddocks totalling 9 acres (3.6 hectares).Potential commercial development opportunity for sale.

Description

The property is of irregular shape, comprising of two adjoining paddocks totalling 9 acres (3.6 hectares). The northern paddock abuts the A1 carriageway and the southern paddock abuts the A151, together wrapping around the existing commercial development.This site is located to the North of Colsterworth, adjacent to McDonalds and Jubilee Service Station.

  • Listing ID: 31911404

  • Date on Market: 5/24/2024

  • Last Updated:

  • Address: Bourne Rd, Grantham NG33 5JN

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