December 2020: Wednesday 16 December 2020 - 10:00am
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    Key features

    • By order of Homes England
    • 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


    Description

    The property comprises an irregular shaped parcel of undeveloped land,generally level in topography, forming part of the wider commercial development, Exchange Court.

    By order of Homes England

    Additional information

    Tenure

    Freehold

    Planning

    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.

    Notes

    Joint Agent Savills Nottingham: Victor Ktori 0115 934 8171

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      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.

      Corby railway station provides direct access to London St Pancras International station, in one hour ten minutes and Kettering in nine minutes.

      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.


      Transport

      Corby (National Rail)

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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