Raunds

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Industrial Development Site

This is a 13 acre site located in Raunds, which benefits from excellent transport links with the M1 and the A45 motorway only a two minute drive away, connecting Birmingham, Coventry, Rugby
and Northampton.

The site currently has planning permission for a single industrial unit and further planning is being sought to increase the unit to circa 225,000 sq.ft.

The site currently sits adjacent to significant industrial warehouses owned by Tritax Big Box PLC and a substantial residential development by Bellway Homes.

With planning the site can be sold to realize a significant capital gain or carry forward for development.

Property Type Industrial Logistics
Initial Cost £4.5m
Date Acquired Nov 2016
Expected Expenditure £500k
Expected Sale Date Dec 2018
Projected Exit Value £9m
Projected MM 1.7x

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