Matthews & Goodman
Former Goals Soccer Centre, Unit 4, iPark, Innovation Road, Hull, HU5 1SG
- Under Offer
- For Sale/May Let
- Size: approx. 3 acre development site
- Price: On application
- Tenure: Freehold / Leasehold
- Business Rates: Rateable Value - £62,500
Hull, a major city and international prt, is the largest commercial, administrative and retail centre in East Yorkshire. The city is located approximately 72km (45 miles) south east of York and 95km (60 miles) east of Leeds. There are direct rail services to London Kings Cross. Hull is one of the UK's business port hubs for both freight and passenger services and has excellent dual carriageway links to the ports, city centre and national motorway networks, namely M62, M18 and M1. The city has an urban population of approximately 440,000 people within a 10 miole radius. There has been significant growth in recent years around the renewables sector, other major employers include the food engineering, caravan manufacture and pharmaceutical sectors. The property is located within a 15 acre commercial development zone known as iPark, approximately 3 miles north of Hull City Centre. The site sits adjacent to Clough Road (A1185) close to the roundabout junction with Stoneferry Way (A1033). Both of these are major arterial roads. Nearby occupiers include Pets at Home, Burger King, Currys PC World, The Range, Mecca Bingo, Dunelm, Halfords, Exercise 4 Less and B&Q. There are a number of trade counter operators located on iPark.
The property comprises a circa 1.2 ha (3 acres) flat site. The majority of the site is currently configured to provide eight all-weather, rubber-crumb artificial grass 5-a-side football pitches, a sports pavilion of approx. 420 sq m (4,520 sq ft) with changing facilities/lounge and an 84 space car park, together with an undeveloped area to the south of the site. The majority of the site benefits from extensive floodlighting and existing perimeter fencing.
The property is elected for VAT. It is anticipated that the transaction will be structured as a Transfer of a Going Concern. (TOGC)
The site is allocated in the Hull Local Plan 2016-2032 as Open Space under policy 42 and is defined as an outdoor sports facility. The surrounding land has an employment allocation. Policy 42 seeks to support the retention of open spaces unless it can be demonstrated as being surplus to requirement. We are therefore of the opinion the site is capable of commercial redevelopment, subject to demonstrating the lack of viability of the existing us and subject to achieving the required planning permission.
Offers are invited for the freehold interest on either a subject to planning or unconditional basis. Alternatively, consideration will be given to leasehold proposals on the existing facility.