Thieves Lane, Shrewsbury, Shropshire, SY2

Description

The land at Thieves Lane provides a rare opportunity to purchase an undeveloped plot of land with a planning consent for commercial development, adjacent to the well-established Shrewsbury Business Park. Site A The area shaded red has planning permission for the erection of 7 industrial units and associated parking and service yards, which extends to an estimated 8.03 acres. Site B The area shaded blue is subject to an overage provision and does not benefit from having planning permission, extending to approximately 7.22 acres. The total land parcel comprises a regular area of approximately 15.25 acres.

Location

The Site is located immediately south of the B4380 (Thieves Lane) and to the north of the A5. The land is adjacent to the strategic highway infrastructure, that serves Shrewsbury. It is a short distance from Shrewsbury Business Park and serves as an extension to the already developed land on Thieves Lane, which includes a Shell Petrol Station, Starbucks Drive Through and Hatfields Jaguar Land Rover dealership.

Planning

Full planning permission was granted in February 2023 for the erection of 7 no units within Class E(g)(ii) and E(g)(iii) and/or B8 including unit 5 as an industrial bakery within Class E(g)(iii), and with ancillary offices and associated development. A host of documentation can be downloaded from the Shropshire Council Planning Portal using Ref: 22/02389/FUL. Purchasers should therefore rely on their own investigations with the local planning authority.

Method of Sale

The land is offered as a whole or in part. Offers on an unconditional basis are preferred but conditional offers will be considered. The vendor reserves the right not to accept the highest or any offer (Subject to Contract).

Tenure

The land is offered for sale freehold with vacant possession.

VAT

All figures are quoted exclusive of VAT.

Legal Costs

Each party are to be responsible for their own legal fees incurred during this transaction.

Viewings

By appointment through Berrys. Please contact the agents listed below to arrange an appointment.