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More details for 5 Great North Rd, Hatfield - Land for Sale

Hatfield Innovation Campus - 5 Great North Rd

Hatfield, AL9 5SB

  • Land for Sale
  • 40 ac Plot

Hatfield Land for Sale

Hatfield Innovation Campus offers a prime investment opportunity towards a hub for science and innovation in a Central Hertfordshire location at 5 Great North Road. This budding site for innovation and collaboration comprises 40 acres and is proposed to encompass a live-and-work community of up to 435,000 square feet of commercial workspace and 100 linked residential units (Class C3) to support those working at the site. In conjunction with Gascoyne Estates, Hatfield Innovation Campus is seeking appropriate physical infrastructure to enable businesses to support scaling R&D occupiers and attract and retain top-tier talent. The site allocation requires preparing an SPD that will smooth the remaining stages of the planning process. Hertfordshire is an established location for science and innovation in the Golden Triangle, with a wide range of companies having a presence in the area, from life sciences, biopharma, and agritech to clean tech, universities, and research organisations. Hatfield benefits from two major higher education institutions, creating the next generation of talent and strong economic potential. Additionally, the site is adjacent to Welham Green railway station in south Hatfield, only 25 minutes away from King's Cross Knowledge Quarter, and midway between London and Cambridge, placing the campus at an incredibly central locale. Economic growth, the clustering of knowledge-intensive employment, and excellent transport connectivity make Hatfield a focal point for new investment.

Contact:

Gascoyne Estates

Property Subtype:

Commercial

Date on Market:

20/05/2025

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Land Plots for Sale Within 10 miles of the Welwyn Hatfield, Welwyn Garden City

FAQs about Commercial Development Land For Sale in Welwyn Hatfield

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How many Land Plot listings are available for sale in Welwyn Hatfield?
There are currently 1 Land Plots available for sale near Welwyn Hatfield.
What factors could affect the prices of Land Plots in Welwyn Hatfield?
Several factors can impact the price of Land Plots, including the size and location of the property, planning status, access to utilities, local demand, and future development potential.
What other types of commercial property are available for sale in Welwyn Hatfield?
There is a diverse range of commercial properties available in Welwyn Hatfield to suit various business needs. Welwyn Hatfield offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries.
Do I need planning permission before buying commercial land?
Not necessarily, but land with outline or full planning permission is generally more valuable and easier to develop. If buying without permission (often called 'strategic land'), you’ll need to apply through the local planning authority before development can proceed.
What is the difference between brownfield and greenfield land?
Brownfield land refers to previously developed land (e.g. former industrial or commercial sites), often with existing infrastructure. Greenfield land is undeveloped and typically located in rural or suburban areas. Brownfield sites may require more remediation but are often easier to gain planning consent for.
What due diligence should I carry out before purchasing development land?
Check the planning history, local development plan, title and legal ownership, contamination or environmental risks, access rights, and any restrictive covenants. Engage planning consultants and solicitors early in the process.
Is access to services important when buying development land?
Yes. Availability of electricity, water, sewage, and road access significantly impacts development viability and cost. Fully serviced plots are more desirable and typically fetch a premium.
What types of developments can commercial land be used for?
Depending on planning permission, commercial land can be developed into retail parks, industrial estates, logistics hubs, office parks, mixed-use schemes, or leisure facilities. The site’s location and zoning will influence its most suitable use.
What taxes and costs apply when buying commercial land in the UK?
Buyers may be liable for Stamp Duty Land Tax (SDLT), VAT (if applicable), legal and surveying fees, and planning application costs. SDLT on non-residential land starts at 2% above £150,000 and rises to 5% over £250,000.

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