Fenton Way - Development Land 17.5 Acres of Commercial Land Offered at $7,087,986 in Chatteris PE16 6UP
INVESTMENT HIGHLIGHTS
- Full planning application submitted for 336,442 sq ft (31,256 sq m) of B8 space
- Easy access to A141 and A142
- Established industrial location
PROPERTY FACTS
| Price | $7,087,986 |
| Sale Type | Investment |
| Tenure | Freehold |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 17.50 AC |
1 LOT AVAILABLE
Lot
| Price | $7,087,986 |
| Price Per AC | $405,027.75 |
| Lot Size | 17.50 AC |
Level 17.5 acre site with access points from A141 and Fenton Way. Standard utilities available on site.
DESCRIPTION
The site is allocated for employment use in the emerging local plan and benefits from a previous outline planning permission for 226,014 sq ft of B2/B8 commercial space which has now lapsed, planning reference F/YR14/0676/O. A new full planning application has been submitted for 336,442 sq ft over 4 buildings for B8 uses as shown in the plan above, planning reference F/YR23/0762/F. The relevant planning authority is Fenland District Council and interested parties are encouraged to make their own enquiries with regard to specific uses. Further plans available upon request. Chatteris is a market town in the Fenland district of Cambridgeshire, situated in the Fens between Huntingdon, March and Ely. The town's local economy is largely based on the agricultural industry with a number of major occupiers located in the town. Nearby major roads include the A141 and the A142. The site is located off Fenton Way, just off the A142 in an established employment area. The site could be suitable for alternative commercial uses such as open storage, B2 uses or roadside retail, (subject to planning).
