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Westway

6.3 Acres of Commercial Land Offered at $7,911,293 in Bristol BS10 6FG

Investment Highlights

  • Largely tarmacked surface
  • Has history of use in association with the former Filton Airfield and has previously been granted planning permission for use as a car park
  • Located close to the former Brabazon hangar

Executive Summary

Freehold offers in excess of £6.25 million exclusive of VAT are sought. The site will be sold with a restriction in title permitting uses within Class E (formerly B1 a/b/c) B2 and B8.
The sale will be subject to an overage for a period of 20 years from the date of completion.
If an alternative planning consent(s) are obtained within the first ten years a 50% uplift in value will be payable to the vendor on the issue of the Notice of Decision reducing to 25% from the end of year 10 to the end of year 20

Property Facts

Price $7,911,293
Sale Type Investment
Sale Conditions Redevelopment Project
Tenure Freehold
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 6.30 AC

1 Lot Available

Lot

Price $7,911,293
Price Per AC $1,255,761
Lot Size 6.30 AC

The site extends to approximately 6.3 acres has a single point of access, is secure and has a largely tarmacked surface. The site is currently let in part (on a short terms basis) with further details available upon request.

Description

The site is located on the Southern side of the Former Filton Airfield and is directly accessed from West Way which in turn connects to Charlton Road. The A4018 Wyke Beck Road is approximately 1 mile to the South west (via Knole Lane) and links with J17 of the M5 at Cribbs Causeway a further 4 miles to the north. The B4056 Southmead Road (via Penn Park Road) is 1 mile to the south which in turn links to the A38 Gloucester Road and subsequently J16 of the M5/ The Almondsbury Interchange (M4) a further 7 miles to the north. The A38 is also the junction with the A4171 Bristol Ring Road the link to J1 of the M32 to the east. Bristol City Centre is 8 miles to the south with the Cribbs Causeway Regional Shopping Centre 3 miles to the North.

  • Listing ID: 27921841

  • Date on Market: 3/8/2023

  • Last Updated:

  • Address: Westway, Bristol BS10 6FG

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