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Bowbridge Ln
Newark NG24 3BY
Collect-a-Wreck · Land For Sale · 7.90 ac

INVESTMENT HIGHLIGHTS

  • Level land
  • Well screened
  • Heavy duty electricity supply - opposite large sub-station.

PROPERTY FACTS

Property Type Land
Property Subtype Industrial
Proposed Use Industrial
Total Plot Size 7.90 ac

DESCRIPTION

The property consists of two sites. 2.8 acres and 5 acres. The 2.8 acre site adjoins that of Elmec Systems Ltd. on Bowbridge Lane, Balderton, Newark NG24 3BY. Up to present, and since 1976 the 2.8 acres of land has been used as a scrap yard and vehicle dismantling yard. When the owners ran the business it was known as Collect-a-Wreck Auto Dismantlers, and various tenants have used the name since. The property is located 1.3 miles to the A1 at Balderton, Newark and 1 mile from Newark town centre. The 2.8 acre site has two large entrances, one at either end of the site. This, over the years, has proved an asset, as there is no need for turning vehicles on site, they come in one entrance and go out the other. The site has water and heavy duty electricity connected. The site is flat, with some areas being concreted. There is a large workshop, which is in need of some renovation Included in the sale is a further large modern workshop with it’s own gated entrance and parking. The scrap yard is secure on the northern boundary by a watercourse known as Middle Beck. Bowbridge Road forms the western boundary, and a public cycleway/footway is on the eastern boundary The whole site is in need of re-fencing. This area would be ideal for a haulage depot, waste transfer site, or with the current planning for a scrap yard and vehicle dismantling yard. Would also be ideal for green energy. With a very long road frontage it would also make a good location for car sales etc. The 2.8 acre site is for sale for £650,000 freehold This site could be divided into the following lots: Lot 1 workshop blocked blue on plan with parking and separate entrance £70,000 Lot 2 Workshop with land and separate entrance £350,000 Lot 3 edged green. Land with separate entrance £300,000 On the opposite side of Middle Beck lies 5 acres of land, 4 acres of which has extant planning for vehicle dismantling and storage - no scrap processing allowed on this area. This area would make an ideal nursery/garden centre or shopping centre This land has it's own access off Bowbridge Lane, and there is a vehicle bridge over Middle Beck, which joins the two pieces of land together. The 5 acres is for sale at £1,000,000 freehold No VAT is payable on purchase.

  • Listing ID: 18405550

  • Date on Market: 04/02/2020

  • Last Updated:

  • Address: Bowbridge Ln, Newark NG24 3BY

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