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Commercial Development Opportunity, Land off Hamilton Way, Oakham Business Park, Mansfield, NG18 5BU

4.7 acres / Land / Mixed Use

Sold - Last updated: 24 September 2021

The property comprises a greenfield parcel of land of a regular shape. The land is mainly flat grassland with established hedgerows and trees to the boundaries.  The site lies adjacent to existing employment uses and close to an established trade counter park with local occupiers including Screwfix, Howdens, Travis Perkins and Plumb Centre.

Location

The property lies on the south west side of Mansfield occupying a commanding position at the entrance to Oakham Business Park with principal frontage to Hamilton Way and Hamilton Road whilst facing onto the round-about junction with Hermitage Lane. The site lies within close proximity of the MARR (A617) and Kingsmill Road East (A38). The M1 Junction 28 lies approximately 5 miles due west.  Oakham Business Park is Mansfield’s premier Business Park location and is home to a number of both regional and national occupiers.

Accommodation

Site area of approximately 1.9 hectares (4.7 acres).

Planning permission was granted by Ashfield District Council on 12 June 2014 for employment uses, subject to conditions and time limits. The development was for the construction of a warehouse (B8) and offices (B1) with associated works comprising approximately 8,360 sq m (90,000 sq ft) of gross floor space. A copy of the planning consent reference V/2014/0129, together with architects drawings of the proposed development are available upon request. The site is identified as Employment Land and suitable for development within Use Classes B1, B2 and B8 within both the adopted Ashfield Plan 2002 and the draft  Ashfield Preferred Approach Local Plan. Ancillary uses including workplace nurseries and catering facilities to service the needs of employees on the business park may also be considered suitable, subject to planning.  Interested parties must rely on their own enquiries of the planning department at Ashfield District Council.

Terms

Tenure - The property is offered by way of a 999 year long leasehold interest from December 2012 at a peppercorn rent.

Price - The guide price is available upon application. 

Specification

  • Greenfield commercial development opportunity on the south west side of Mansfield
  • Prominent site at the entrance to Oakham Business Park
  • Situated within close proximity of the MARR (A617) and Kingsmill Road East (A38)
  • M1 J28 lies approximately 5 miles distant
  • Planning permission granted for a 8,360 sq m (90,000 sq ft) warehouse and office scheme
  • Total gross site area extends to circa 1.9 hectares (4.7 acres)


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