LE12 Garendon Park Barns, William Railton Road, Loughborough

An opportunity to acquire a barn development/conversion opportunity (strictly for commercial use only) extending to circa 3.93 Acres (1.59 Ha) or thereabouts.

Garendon Park Barns do not benefit from planning permission and prospective purchasers are invited to submit offers on an unconditional or subject to planning basis.

Expressions of interest must be submitted in accordance with the tender pro-forma, which is available to download from the data room.

The Purchaser will be required to provide evidence of readily available cash funds to both acquire the site and undertake the essential heritage works required under the Section 106 Agreement.

The Purchaser will be required to indemnify the Seller from the obligations under the Section 106 Agreement in respect to the heritage works.

The Purchaser is to satisfy themselves of the costs associated with carrying out the heritage works under the Section 106 Agreement.

The site comprises a range of barns some of which are rubble granite stonework barns which form the farmstead, four of which are Grade II Listed Buildings (details provided in the data room). Several of the barns are still used for agricultural purpose located to the south and east of the site (outside of the red line boundary). The site is accessed via internal spine roads within the wider scheme which are accessed from Ashby Road (A512) including the designated proposed vehicular access for the wider scheme. The total site area is 3.93 Acres (1.59 Ha) or thereabouts.

The site is designated for Visitors Facilities as part of the Outline Planning Permission (P/14/1833/2); however, the barns do not benefit from planning permission. As part of Schedule 6 of the Section 106 Agreement heritage works to some of the buildings are required to be carried out and funded by the purchaser prior to the occupation of the 100th dwellings. The Heritage Report details the heritage works which are to be delivered by the Purchaser which is available to view via the data room.

Garendon Park is situated on the outskirts of Loughborough which is a vibrant town offering a wide range of amenities, leisure and entertainment facilities. Garendon Park is well located on the west of Loughborough adjacent to M1 Junction 22 and strategically located to the wider transport conurbation linking Nottingham, Leicester, Derby and further afield.

Garendon Park will enjoy brand new facilities provided with the development, including a new primary school, community hub and sports hall, plus parks and a play area.