Freehold Development Opportunity 2.78 hectares (6.86 acres) site fronting Bluebell Way, Preston, Lancashire PR2 5PZ

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1 FOR SALE BY FORMAL TENDER Freehold Development Opportunity 2.78 hectares (6.86 acres) site fronting Bluebell Way, Preston, Lancashire PR2 5PZ Property Information The Site Approximately 2.78 hectares (6.86 acres) of land shown edged red on the plan below. Description (ref. location plan below) The development opportunity is a mainly flat site which is currently surfaced as a park and ride facility with tarmac covering to the majority of the site. The site is gated and shares a traffic light controlled junction with the Preston East Premier Inn/ Beefeater restaurant.

2 Location (ref. site plan below) The site fronts Bluebell Way (B6242). It is a highly prominent site fronting the slip road access to the M6 southbound at Junction 31a. It is in a prime location at the entrance to the North East Preston Employment Zone. The site is located within the district of Preston. Manchester is 35.5 miles and Liverpool 39 miles from the site. Tenure The property is offered freehold. Planning The site is considered to be ideal for the following uses subject to obtaining the necessary consents: B1 - Business B2 General Industrial B8 Storage & Distribution A3 Restaurant & Café's A4 drinking establishment Sui generis (car sales etc) Services It is understood that there is an electricity supply to the site. However, interested parties should contact the statutory undertakers for confirmation and to ascertain whether there is sufficient capacity available for their proposals. Plans of service searches are included in the sales pack Roads and Access Vehicular access to the property is currently available from Bluebell Way, which is understood to be an adopted highway. However it is the responsibility of interested parties to satisfy themselves as to the status of these roads. Possession Vacant possession will be given upon completion. 2

3 Expressions of Interest Prospective purchasers are invited to submit offers for the whole of the property as shown edged red on the site plan. Submission of Formal Tender The property is to be offered for sale by way of formal tender. Further details to be provided on this in due course. Fees In addition to the purchase price, the purchaser will be liable, upon completion, to make a contribution to the County Council's legal and surveying fees equivalent to 2% of the purchase price, subject to a minimum of 600 and shall reimburse the county council for the cost of any searches carried out by the Seller. Viewing The site may be viewed by appointment only. Conditions Offers will be conditional upon: Outline planning permission being applied for and obtained by the successful tenderer. The successful tenderer to comply with the Clawback Agreement dated 12 th August 2010 which will include entering into a Deed of Covenant, legal charge & a restriction. The Seller to be responsible for paying any Additional Consideration which becomes payable under the Clawback Agreement as a result of this the grant of planning permission in connection with this disposition only. Any future disposition under the Clawback Agreement will be the responsibility of the successful tenderer. Agreement to be reached between Homes England (Homes & Community Agency) & the Seller as to any Additional Consideration payable under the Clawback Agreement as a result of planning permission being granted in connection with this disposition only Please note that the sale will include further conditions which will need to be undertaken by the purchaser within prescribed time frames. Full details will be contained with the tender documentation / contract to be provided. 3

4 Further Information If you require further information on property related matters please contact: Suzy Jeffrey MRICS Estates Service Lancashire County Council PO Box 78, County Hall Preston PR1 8XJ Tel: If you require further information on legal matters please contact: Lindsay Baxendale Property Solicitor Legal and Democratic Services Lancashire County Council PO Box 78, County Hall, Preston PR1 8XJ Tel: Misrepresentations Lancashire County Council gives notice that these particulars are a general outline only for the guidance of intending purchasers and do not constitute part of an offer or contract. Whilst all efforts have been made to ensure these particulars are accurate, no responsibility can be accepted for the accuracy of the information or any discussions which may subsequently take place with potential purchasers. Lancashire County Council Property Sales For other property offered for sale by the county council please visit:- 4

5 Site Plan 5

6 Location 6

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