Part-let, strategic road links and long-term development upside.
Approximately 36.031 acres (14.581 hectares) open storage and development land
A rare, very large open-storage and development site of approximately 36.031 acres (14.581 ha) offered freehold. The site sits prominently at the junction of Main Street and Occupation Lane, with gated shared access and a secondary entrance onto John Street. Excellent strategic road links via the A511 to the A42 (J13) and A38 offer straightforward motorway access to the M1 and M6.
Approximately 6.554 acres are already let to Prianna Holdings Limited on a new 10-year lease from 13 August 2025, with a CPI-indexed rent review at year five. The part-let nature provides immediate income while leaving substantial land for alternative uses or phased development, subject to planning permission. Quoted headline income and asking price equate to a low effective cost per acre compared with headline rental values.
Buyers should note practical and market considerations: the site has varying surfaces and is largely open storage with visible stored materials and vehicles; it will require remediation, servicing and planning consent for most redevelopment schemes. The wider locality shows higher-than-average crime and local area deprivation indicators—factors that will influence use, costs and end-market appetite. Shared access arrangements and the operational tenant should be reviewed before exchange.
This opportunity suits investors or developers seeking a long-gestating landbank close to major routes, who can absorb holding works, secure planning, and manage local constraints. The scale and location offer flexibility for industrial, logistics, or open storage reconfiguration, provided buyers allow for on-site works and planning risk.