Commercial Development Land Totalling Approximately 3.36 acres in Two Plots
Location
The site is located within the Kingshill Phase 2 development which is positioned approximately 1.5 miles north east of Cirencester town centre. The site fronts London Road, and access to the plot will be through the new residential development.
Cirencester is an affluent Cotswold market town with a population of approximately 18,000. The town is located approximately 15 miles south of Cheltenham, approximately 19 miles south west of Gloucester, approximately 37 miles west of Oxford and approximately 40 miles north east of Bristol. The land comprises two development plots totalling approximately 3.36 acres and constitutes the employment element of the Kingshill 2 scheme.
Accommodation
Adjoining 0.52 acres currently being
Terms
Planning Retail uses within Class B1 are permitted. We recommend interested parties make the necessary investigations with the local planning authority, Cotswold District Council.
Terms Freehold with vacant possession on completion. The access road will be shared access with the adjoining site. In respect of a land sale the purchaser will be expected to make a contribution to the infrastructure costs.
VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the sale price.
We recommend that the prospective purchasers establish the VAT implications before entering into any agreement.
Specification
- Consented for B1 use
- Freehold land sale
- Adjoining 0.52 acres currently being promoted for retail use