£2,125,000

Industrial for sale

  1. Property photo 1 of 18.
  2. Property photo 2 of 18.
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Guide price

£2,125,000

(£33.88/sq. ft)

Industrial for sale

Cockernhoe LU2

62,726 sq. ft

Local area information

Property location

Nearby amenities

  • Cockernhoe Endowed CofE Primary School 0.1 miles
  • Wigmore Primary School 0.8 miles
  • Luton Airport Parkway 2.3 miles
  • Luton 2.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Development/Investment Opportunity
Cockernhoe Farm, Cockernhoe
Hertfordshire LU2 8PY

A range of farm buildings with residential planning consent, a substantial farmhouse, plus barns already converted to business use (these generate a rent of £47,000pa). All sat in approximately 1.44 acres. Total current footprint 13,447 sq.ft

Planning application 23/01029/fp was approved on 4 December 2023 and permits:
“The conversion of an existing brick barn and stable buildings to 4 dwellings and the erection of a further 4 dwellings and garages following the demolition of 2 modern barns.”

The planning footprint comprises:
• 4x three-bed new build dwellings, each of 1,432 sq.ft (5,726 sq.ft in total)
• 1x barn conversion to a three bed house plus one bed annex totalling 2,562 sq.ft
• 1x barn conversion to a three bed dwelling of 873 sq.ft
• 2x barn conversions to two bed dwellings totalling 1,530 sq.ft
• Garages and stores in addition

Planning has been obtained in the past for commercial uses at the property and could be considered again.

Location
The Property is situated just northeast of Luton in the pleasant village of Cockernhoe. Luton airport is in close proximity (2.7 miles), offering extensive employment opportunity but directly to the south so flight noise is contained. Luton main station is 3 miles (trains to London (St Pancras) from 25 mins) and the property is easily accessible on the local road network (including M1 J10 4.9 miles).

Lot 1
Comprising the range of farm buildings with planning permission and a 3 bed 2 bath farmhouse on a plot of circa 1.09 acres. Access from Chalk Hill. A right of access will be kept by the Vendor to their retained land adjacent to the south. The existing buildings measure:
Farmhouse 1,246 sq.ft
2 modern barns (to be demolished) 4,433 sq.ft
Traditional farm buildings 4,395 sq.ft
total 10,740 sq.ft
Guide Price oieo £1,500,000

Lot 2
Comprising 2 former farm buildings, including a Grade II Listed Barn, which have been converted to a children’s nursery called Little Buttons. The buildings measures approx 2,707 sq.ft on a plot of circa 0.35 acres. Access directly from Brick Kiln Lane.
Guide Price oieo £625,000

Method of Sale and Viewings
The freehold of the property is offered for sale by private treaty as a whole or in 2 lots. Viewings by appointment only.

Tenure
The property is sold with Vacant Possession save as the whole of Lot 2 is let by way of a Full Repairing & Insuring (Fri) Business Tenancy (contracted out of the Security of Tenure Provisions) until 28 September 2032 (subject to a break on 28 September 2027). A rent of £47,000pa is currently payable with increases due.

Services
Mains electricity and water are connected. Private drainage by way of septic tank.

Data Room
Information will be available for:
• Planning (residential and commercial)
• The business lease
• Brief report on Title

Anti-Money Laundering (aml)
In accordance with the most recent aml legislation, due diligence checks will be undertaken on the purchaser.

Local Authority
North Herts District Council.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Bedfordshire
  4. Luton
  5. Cockernhoe