Stonesby Depot Waltham Road, Waltham on the Wolds, Melton Mowbray LE14 4PR

Secure ring-fenced former MOD fuel storage depot extending in all to circa 3.58 hectares (8.84 acres)

Melton Mowbray 5.5 miles, Grantham 8.5 miles, Oakham 10 miles

THE PROPERTY Located 300m north of Waltham Road & accessed along a single concrete road before secure double entrance gates to the site.

The depot is enclosed by a security fence approximately 3m high. There is a network of tarmac roadways extending to 0.30ha, a range of buildings totalling 3,300 sq ft and woodland comprising 0.92ha. The balance is grassland, the majority of which covers the redundant underground fuel storage facility.

PLANNING The depot having been decommissioned in 1993, used for bulk storage delivery of refined hydrocarbon liquids was established by way of deemed ‘Hazardous Substances Consent’ under planning reference 06/01201/HAZ.

The grass has been licensed for grazing, until 2020 the steel portal frame building has been used for the storage of agricultural machinery: as such there may be a case for permitted development to residential use under Class Q of the General Development Order.

The brownfield site sits within designated ‘open countryside’ where the planning policy is supportive of ‘necessary and appropriate development for sustainable tourism, community facilities & farm diversification.’

POTENTIAL USES These could range from live/work for commercial, leisure or rural uses. Ideas include a transport depot, testing station, general storage, rural service business, camping ground or caravan storage.

To the north is a closed clay-capped landfill site. To the west is an SSSI owned by the Leicestershire & Rutland Wildlife Restoration Trust.

PROPOSED LEASE OR SALE The property is offered as a whole or in lots on flexible lease terms by negotiation or for sale by private treaty.

OVERAGE The property is sold subject to a 10-year overage at the rate of 30% on any net uplift in development value on sale or grant of a lease of over 7 years.

ACCESS The site is accessed via a right of way off Waltham Road. This is for all purposes but with a repair obligation on the Purchaser/Lessee.

RIGHTS OF WAY There is a public footpath up the road & passing to the west of the site. A recreational footpath route lies just outside the site on the northern boundary.

SERVICES Water is supplied via a pipe in the access road verge.

The former electricity supply was from a transformer on a pole in the adjoining agricultural field. This could be reconnected subject to an easement being acquired. We understand there is foul provision on site. Previous telecoms have been disconnected.

RENT £10,000.00 per annum.

VAT & OUTGOINGS Any guide price quoted or discussed is exclusive of VAT & all other outgoings. In the event that a letting of the property or any part of it becomes a chargeable supply for the purposes of VAT such tax will be payable as an addition.

FIXED EQUIPMEMT Portal Steel Frame and corrugated ‘agricultural’ building – 9m x 11.5m (approx.) Brick and pantile ‘office’ building 8 x small brick and felt storage buildings 3 x 5 million litre steel-lined concrete part under-, part overground storage tanks Concrete bases for former overground storage tank Redundant equipment remaining after fuel line disconnection.

DIRECTIONS What3words: ///honey.newspaper.lyricism ENQUIRIES All enquiries should be sent to: Email: william.bell@struttandparker.com Tel: 01780 484040

This property has 8.84 acres of land.