Addington Road, Irthlingborough, Wellingborough

£350,000

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Addington Road, Irthlingborough, Wellingborough

For Sale

£350,000

Reference: 13103

Site Area 2.178 HECTARES (5.38 acres) DEVELOPMENT OPPORTUNITY • Edge of Town Smallholding • Range of Agricultural and Commercial Buildings • 2 Established Telephone Masts ** OFFERS INVITED BY 12 NOON ON FRIDAY 24 SEPTEMBER 2021 **

Property Description

LOCATION
Irthlingborough is situated on the River Nene in the District of North Northamptonshire. It benefits from excellent road connections being situated at the intersection of the A45 and A6, and lying 3 miles north east of Wellingborough and 8 miles south east of Kettering. The town has a population of around 9,000 people and is an ancient settlement with evidence of Prehistoric and Roman occupation. Later development has centred around traditional industries such as Ironstone Mining and Boot and Shoe manufacturing. The town now has a diverse range of services and facilities, and supports a variety of businesses. The town is also accessible to the nearby Rushden Lakes Retail and Leisure Complex and Stanwick Lakes which offers a wide range of leisure opportunities centred on the River Nene.

DESCRIPTION
Bypass Farm is situated to the north of the town, alongside the A6, but with frontage to, and access from Addington Road. The property is a Smallholding of approximately 2.178 hectares (5.38 acres) and comprises grass paddocks and a range of agricultural and commercial buildings. The grassland has been grazed with horses and other livestock, whilst the buildings have been used for a variety of purposes including agricultural use, commercial storage, and a farm shop and butchery. The buildings are now all vacant and have potential for alternative use subject to planning. Two telecom masts are situated in the north eastern and the south eastern corners of the Holding, and generate a total current income of approximately £8500 per annum.

SERVICES
The property is connected to mains electricity and water. Prospective purchasers should satisfy themselves regarding the availability of service provision for any alternative use or redevelopment, by contacting the relevant service authority.

TERMS
Offers in the region of Three Hundred and Fifty Thousand Pounds (£350,000) Subject to Contract are invited for the freehold interest in the property with vacant possession.

PLANNING
The property has traditionally been farmed as a Smallholding, with an associated farm shop and butchery, selling produce reared on the Holding. In addition, a number of other buildings within the site have more latterly been let out for commercial storage. The land is situated on the northern edge of the town, and although currently unallocated for development, is believed to have potential for redevelopment or alternative use subject to planning. Further enquiries regarding planning opportunities should be directed to the East Northamptonshire Office of North Northamptonshire District Council.

OTHER
OVERAGE
The property will be sold with an overage entitling the sellers to a 50% share in any uplift in value arising from the grant of planning permission for residential or commercial development (other than one single residential dwelling) within a period of 30 years.

EASEMENTS, WAYLEAVES & RIGHTS OF WAY
The property is sold subject to any existing easements, wayleaves or rights of way whether mentioned in these Particulars or not.

VIEWING
Strictly by appointment with the Selling Agents.

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