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New Ln - Former Colt International Site 1.93 Acres of Industrial Land in Havant PO9 5FY
Investment Highlights
- Prominent Location
- 1.5 Miles from A27
- Densely Populated Area
Executive Summary
The site was formerly occupied by Colt International and was acquired by Homes England in 2017, who later instructed the subsequent demolition and remediation work on site, which left behind the cleared level site that is present today.
The site previously had outline planning approval for up to ten new business units totalling some 2,860 sq m (30,785 sq ft). This was part of a wider mixed use planning application (ref APP/18/00244) which also allowed for up to 100 residential units to be developed on the neighbouring land. The original outline planning consent was granted on 30/01/19. Following a reserved matters approval the residential phase has now been developed. The original outline planning permission has now lapsed and interested parties will therefore need to make their own enquiries for future development of the employment land.
Homes England are now looking to dispose of their freehold interest in the remaining employment land and will consider offers on both conditional and unconditional basis.
The site previously had outline planning approval for up to ten new business units totalling some 2,860 sq m (30,785 sq ft). This was part of a wider mixed use planning application (ref APP/18/00244) which also allowed for up to 100 residential units to be developed on the neighbouring land. The original outline planning consent was granted on 30/01/19. Following a reserved matters approval the residential phase has now been developed. The original outline planning permission has now lapsed and interested parties will therefore need to make their own enquiries for future development of the employment land.
Homes England are now looking to dispose of their freehold interest in the remaining employment land and will consider offers on both conditional and unconditional basis.
Property Facts
| Sale Type | Investment | Property Type | Land |
| Tenure | Freehold | Property Subtype | Industrial |
| No. Plots | 1 | Total Plot Size | 1.93 ac |
| Sale Type | Investment |
| Tenure | Freehold |
| No. Plots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Plot Size | 1.93 ac |
1 Plot Available
Plot
| Total Plot Size | 1.93 ac |
| Total Plot Size | 1.93 ac |
Description
The site was formerly occupied by Colt International and was acquired by Homes England in 2017, who later instructed the subsequent demolition and remediation work on site, which left behind the cleared level site that is present today.
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New Ln - Former Colt International Site
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