Rare opportunity extending to 0.694 acres (0.281 hectares)
Redevelopment potential subject to planning permission
Excellent town centre location within close proximity of Corby train station
FREEHOLD WITH VACANT POSSESSION
About this property
The property comprises a parcel undeveloped land, generally level in topography, forming part of the wider commercial development, Exchange Court.
Corby is a market town situated approximately 11 miles east of Market Harborough and approximately 10 miles north of Kettering.
The town is situated approximately 7 miles north of Junction 7 of the A14, which provides direct access to Huntingdon, Cambridge and the wider highway network.
The town benefits from a railway station, within close proximity of the subject property. Corby railway station provides direct access to London St Pancras International station, in one hour ten minutes and Kettering in nine minutes.
According to the 2014 Census, Corby has a population of 65,430.
The property is situated to the south of Cottingham Road close to its junction with Station Road to the east of Corby town centre. Other nearby occupiers Technical Consumer Products, Tollers Solicitors, Corby Technical College and Chartered Management Institute.
It is considered that the site is suitable for redevelopment and is supported by Corby Borough Council.
An indicative layout of a potential office development has been considered by the Officers and the proposed scheme is considered deliverable.
A high level summary has been provided by our client’s consultants, Wood, on the development potential “Exchange Court: This option provides a natural extension to the business park and we consider it
could accommodate two storey buildings similar to those currently on site. The option assumes that the development would be accessed from the existing access from Cottingham Road. The option shows potential for 13,345 sq ft of B1 floor space, 48 parking spaces could be accommodated which slightly exceeds the Council’s standards. The building space could be divided and there are other variants / configurations of the scheme.”
The above is provided for guidance purposes only and prospective purchasers should undertake their own enquiries to the relevant Planning Authority as to the existing planning use and any proposed use.