Key Features

• Allocated in Emerging Local Plan partly for employment and partly for residential uses
• Detailed planning permission for two storey office building of around 788 sqm (8483 sqft)
• Suitable for residential and commercial uses (STP)
• Total 0.59Ha (1.46 acres) of development land

Description

Tenure

Freehold with vacant possession

Location

March is a growing market town located 15 miles east of Peterborough and 28 miles north of Cambridge. It is the administrative centre of the Fenland District and benefits from good road links via the A141 and A47 and a railway station providing regular cross-county services linking to the East Coast main line at Peterborough and Ely/Cambridge. The site itself is situated in a highly accessible and prominent position on the south-side of March, on Wimblington Road, close to the A141 March Bypass.

Auctioneers Note

Interested parties should be aware that the property title is subject to various overage provisions, rights reserved, and restrictive and positive covenants. Full details relating to title are available in the on line auction pack for this property. The purchaser will be required to pay an additional sum of £35,550 to cover the pre-payment of a highways completion bond to Cambridgeshire County Council, made by the vendor. See Legal Pack for details.

Wayleaves, Easements, Covenants and Rights of Way

Interested parties should be aware that the property title is subject to various overage provisions, rights reserved, and restrictive and positive covenants. See Legal Pack for details.

Lot Type

Land

Planning

The site has draft allocations in the Emerging Fenland Local Plan (August 2022) in part for employment uses (Site Allocation LP40.04 – 0.4Ha to the west of the property) and in part for residential development (forming part of Site Allocation LP39.07 – 1.72 Ha at the eastern end of the property). Detailed planning permission (Ref F/YR21/1442/F) was granted in November 2021 to “Erect a building for office use (2-storey) with associated parking, cycle shelter, landscaping, storage container and highway footway”. The proposed building comprises a total gross internal area of 788.1sqm (8,483 sqft) and 51 car spaces.

Legal Packs

www.cheffins.co.uk/auctions/property-auctions or Sarah Fish at Ashton Legal, Trafalgar House, 4 Meridian Business Park, Norwich, Norfolk, NR7 0TA

Viewing

Cheffins Commercial Department 01223 213666

Important notes

IMPORTANT: Cheffins would like to inform prospective purchasers that these sales particulars have been prepared as a general guide only. A detailed survey has not been carried out, nor the services, appliances or fittings tested. Room sizes should not be relied upon for furnishing purposes and are approximate. If floor plans are included, they are for guidance and illustration purposes only and may not be to scale. Images may have been digitally edited for illustration purposes. If there are any important matters likely to affect your decision to buy, please contact us before viewing the property.

*Guide prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set up to or within the Guide Range or no more than 10% above a single figure Guide. The reserve price will remain confidential between the seller and the auctioneer.

Fees: The guide price excludes any additional fees that the purchaser may incur, to include, but not limited to, Buyers Contract fee, Stamp Duty Land Tax, VAT, legal and search fees etc. Please refer to relevant Auction Legal Packs for details.