Here is a unique and factual description highlighting the renovation and investment potential of the property:
This substantial development site spans approximately 3.5 acres within the established Wandhills Skelton Industrial Estate, presenting a distinctive opportunity for investors and developers. The property is strategically located, benefitting from easy access at the end of Alum Way, which minimizes disruption to existing traffic patterns and maintains strong visibility.
A preliminary architectural concept suggests the possibility for a 24-unit industrial scheme, totaling around 37,752 sq ft of flexible floorspace. This initial proposal serves as an illustration of the significant development potential inherent in this site. Notably, past approvals have granted permission for uses under Classes B1, B2, and B8, indicating a well-defined scope for various commercial activities.
The local council, Redcar and Cleveland, has shown a commitment to fostering commercial growth in the area, making planning approval for similar industrial or commercial projects highly plausible. Prospective buyers are encouraged to obtain independent planning advice and engage with local authorities to explore their options further.
Surrounded by key business entities such as Screwfix, MKM, Toolstation, McDonald's, B&M, Asda, Aldi, and Greggs, this location enjoys a vibrant commercial atmosphere that enhances its appeal to future tenants or operators. Such proximity not only indicates robust foot traffic but also complements the potential demand for new industrial spaces.
Additionally, there may be flexibility regarding the sale—options to purchase smaller parcels or explore leasing opportunities could be available upon negotiation with the seller. This property represents an intriguing investment prospect in a growing commercial landscape.
