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Development Land, Mile Lane, Penrith

A66(E) and Jct 40(M6)

Walton Goodland

agency@waltongoodland.com 01228 514 199
Development Land, Mile Lane, Penrith
Development Land, Mile Lane, Penrith
Development Land, Mile Lane, Penrith
Development Land, Mile Lane, Penrith
Development Land, Mile Lane, Penrith

UNIQUE FREEHOLD SITE WITH OUTLINE PLANNING FOR B1, B2 AND B8 USE AND POTENTIAL FOR OVER 100,000 SQ. FT. OF NEW COMMERCIAL, INDUSTRIAL AND OFFICE SPACE. PRE-LET DESIGN AND BUILD OPTIONS FOR TENANT AND OWNER OCCUPIERS. SERVICED PLOTS ALSO FOR SALE.

  • PRIME POSITION: JUNCTION 40 (M6)
  • EXCELLENT MOTORWAY ACCESS: 0.5 MILES
  • EDGE OF LAKE DISTRICT NATIONAL PARK
  • RURAL OUTLOOK, ADJACENT GOLD DRIVING RANGE AND VIEWS TO LAKELAND FELLS
  • FULL ROAD NETWORK CONNECTIONS ACROSS REGION
  • VARIOUS OPTIONS CONSIDERED INCLUDING PRE-LET AND OUTRIGHT SALE
  • TRAVELODGE, BURGER KING AND GREGGS: 100M

Location

The site is located approximately 1 mile west of Penrith Town Centre at Redhills being accessed off Mile Lane, leading between the A66(E) and B5288. There is immediate access to the A66(E) Trans Pennine Route and the M6 Motorway is within 0.5 miles. The A66(W) passes through the Lake District National Park, a UNESCO World Heritage Site, leading to Keswick, before continuing onto Britain’s Energy Coast and principle nuclear energy hub. Penrith is an attractive market town with high quality of living, a renowned Grammar School and multiple retail and food shopping amenities, including M&S Food, Sainsburys, Booths and Morrisons supermarkets. The town is extremely popular with tourists visiting the Lake District.

PROPOSAL

Potential for single or multi-unit development, with consideration given to pre-let design and build opportunities along with outright sale of serviced plots.

The attached schematic plans highlight the potential options available with CGI images displayed for illustrative purposes only. Alternative unit sizes and types can be developed.

The potential exists to develop a large single occupier unit extending up to 96,875 sq. ft. (9,000 sq. m.) with multiple loading bay facilities, external storage yard, turning and vehicle parking.

Alternative opportunities exist for multiple warehouse/distribution/manufacturing units including a selection of B1 Offices and/or quasi/hybrid workspace facilities.

DESCRIPTION

The site extends to approximately 8.5 acres (3.3 hectares) with the benefit of outline B1, B2 and B8 planning consent for commercial development. The opportunity exists to develop either a single standalone warehouse or a selection of multiple units of varying sizes, subject to agreed terms and specification.

VIEWING

The site can be viewed from the roadside at any time. Please refrain from blocking the entrance to the Golf Driving Range. Otherwise parties are welcome to inspect the site on their own on the proviso this is at their own risk. The owner and its agent will not be liable for any injuries sustained when inspecting the site.

AREA

The site comprises the following approximate area:
8.5 acres (3.3 hectares)
The table below provides an example of potential indicative unit sizes which can be accommodated on the site per the attached scheme. Different unit sizes
or individual plots can be developed subject to
occupier requirements.

SERVICES

The site will be connected to mains electricity and water. Where pre-let design and build agreements are entered into all appropriate services will be installed directly into completed units. A sewerage treatment plant will service the site where multiple units are developed.
Where serviced plots are sold all relevant service connections will be made available to the edge of the respective plot. Interested parties should make their own enquiries of the relevant statutory authorities.

TENURE

Leasehold opportunities on a design and build basis subject to pre-agreed terms and specification. Freehold design and build opportunities also considered along individual serviced plots for bespoke development.

VAT

To be confirmed.

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Last updated: 19th November 2020 - 12:19 pm