This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Cross Ln
4.56 Acres of Commercial Land in Newark NG24 3JP
Investment Highlights
- Approximately 2 miles south of Newark town centre
- The site has a planning permission for B1(a) development
- Direct access to both the A1 north and south is available.
Executive Summary
The site is held on a long leasehold, subject to a 999 year lease from 28th September 2007.
The lease is currently subject to an annual rent of £50.
There is the potential to deliver alternative uses, subject to planning and landlord’s consent, not to be unreasonably withheld or delayed.
Further information on the long leasehold interest will be provided to interested parties.
Price
Offers are invited for the long leasehold interest
Property Facts Sale Pending
| Sale Type | Investment | Property Type | Land |
| Tenure | Long Leasehold | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 4.56 AC |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 4.56 AC |
1 Lot Available
Lot
| Lot Size | 4.56 AC |
| Lot Size | 4.56 AC |
In total the site extends to 4.56 acres (1.8 ha). The plot has road access from William Hall Way and B6326, linking directly to the A1 both north and south. The site is currently open grassland.
Description
Fernwood Business Park is strategically located adjacent to the A1 and its junction with the B6326, approximately 2 miles south of Newark town centre. Direct access to both the A1 north and south is available. Newark is a popular town, with strong demographics and a mixture of local, regional and national occupiers. The town has an established employment offer both office and industrial and set for significant housing growth led by the Newark Growth Point of circa 3,500 houses. Newark is situated 130 miles north of London, 23 miles north east of Nottingham and 19 miles south west of Lincoln. Newark is on the King Cross main line with a journey time of 1 hour 30 mins. East Midlands airport is within 20 miles of the town and Robin Hood Airport is less than 35 miles away.
Presented by
Cross Ln
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.