Strategic site Sold Land At, Coventry Lane, Bramcote, Nottingham NG9 3GJ

Where is the Strategic site located?

Bramcote is a suburban village in the Broxtowe district of Nottinghamshire, just 4 miles southwest of Nottingham City centre.

The site for sale is on the northern periphery of Bramcote and situated west of Coventry Lane (A6002). Bramcote is a popular residential location offering an excellent range of local amenities including shops, professional services, a GP Surgery, OFSTED rated "Good" & "Outstanding" schools and a swimming bath. Bramcote is just 2 miles from the main Nottingham University campus.

Excellent commuter links are close by. Coventry Lane connects with Nottingham Road (A609) just 0.2 miles to the north. Here there are a number of bus stops offering regular services into the city centre. J25 of the M1 Motorway is just 4 miles to the southeast.

Description

The site is registered under Title NT473876 and comprises a triangular shape parcel of arable land. The land is bound by Nottingham Canal to the south, farm land to the northwest and Coventry Lane to the northeast, where there are two points of vehicular access.

The northern half of the site was previously used as a plant nursery. Whilst the nursery has not operated for some time, there are a number of residual structures to include large greenhouses (not measured) and a block-built barn store with fibre cement roof (measured from online mapping) to extend approximately 100 sq m (1,076 sq ft). Until recently the south of the site has been used for equestrian / grazing with several blocks of stabling still present.

The Site is within Flood Zone 1, an area identified as having a low probability of flooding.

How has the accommodation been measured?

The Plans and areas provided are based on ordnance survey data are for reference only. They are believed to be correct, but accuracy is not guaranteed. The Purchaser must rely on their own investigations and satisfy themselves in respect of the boundaries and the extent of ownership.

Planning

The land is currently allocated as Green Belt however forms part of the SHLAA site ref 104. The SHLAA considered the site could be suitable for housing, if policy changes. Broxtowe have initiated a review of the Core Strategy. Given the sites location to the outer western edge of the conurbation and its position to the east of the M1 (and now the line of HS2), it has been subject to assessment and identification as a possible area for growth in a number of key studies commissioned by the Greater Nottingham planning authorities. It is understood the aim of the Greater Nottingham Authorities is to publish a draft Strategic Growth Plan this year and to have an adopted plan by December 2022. It is also understood that a strategic Green Belt Review is ongoing as a part of the growth plan assessment work.

Services

We expect all mains services to be available for connection in the road. Interested parties must make their own investigations as to the capability and capacity of services for their proposed use.

How is the accommodation offered?

Freehold

Unconditional offers are invited for the freehold. The site is to be sold by informal tender with purchasers invited to submit offers in writing by 12 noon 1 December 2021 using the Offer Proforma provided in the OMEETO data room. Bids should exceed £340,0000 and include an overage to the benefit of the vendor, should a more beneficial planning permission be obtained or implemented.

Price

£340,000 for the Freehold. Please check the VAT status.

VAT

All figures are quoted exclusive of VAT, we are advised the property is not registered for VAT.

What are the viewing arrangements?

Unaccompanied roadside inspections are possible. Site viewings are available 25th and 26th November. Please contact the office if you would like to view.

Anti-Money Laundering (AML)

Any offer accepted is subject to completing AML checks.

Note

Plans, maps and drawings are not to scale.

Particulars Updated

24-Mar-2022