The property comprises two main elements. Zenith House sits in the mouth of the entrance to the site and is due to be demolished and cleared shortly.
The remainder of the site is located to the rear and was formerly the Associated British Foods storage and distribution depot which has now been demolished and cleared.
The site is essentially a cleared parcel of land extending to approximately 2.75 hectares (6.8 acres).
It is envisaged that access to the site will be via North Holme Road.
Louth is a prosperous market town with a population of approximately 15,000 people and a significantly larger catchment given it is the capital of the Lincolnshire Wolds and the administrative capital of East Lindsey District Council. Louth is situated approximately 24 miles east of Lincoln and 15 miles south of Grimsby.
The site holds a prominent roadside position in the heart of Fairfield Industrial Estate, Louth’s main commercial hub, and sits adjacent the A16 trunk road providing easy access in and out of the town.
Surrounding sites comprise a mix of uses including industrial and office, with majority of occupiers fronting North Holme Road being essentially retail use, including occupiers such as B&Q, Halfords, Screwfix, Citroen, Renault and Bush Tyres.
TOWN AND COUNTRY PLANNING
We understand that the most recent use for the site was primarily for storage and distribution falling within Class B8 and would therefore assume that other uses falling under Classes B1, B2 and B8 would be suitable.
In the agent’s opinion it is also felt that the site would be suitable for a variety of alternative uses including retail and leisure roadside uses, subject to receipt of the necessary planning permissions.
Interested parties are advised to discuss any proposals they have for this site with East Lindsey District Council Planning Department.
METHOD OF SALE
The site will be sold freehold with vacant possession and is being offered for sale by way of Private Treaty.
Offers are invited for the site on either a conditional, subject to planning basis, or unconditional subject to contract only.
VAT may be payable in addition to the purchase price at the prevailing rate.
Each side to pay their own costs.