LAND AT WAVENDON VILLAGE MILTON KEYNES, MK17

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1 Bidwells.co.uk Residential Development site for up to 240 dwellings in the village of Wavendon on edge of Milton Keynes, with Outline Planning Permission. In Brief Outline planning permission for up to 240 dwellings Green field site to the southeast of Milton Keynes extending approx acres ( hectares) Close to M1 Junction 13 Technical and legal documentation available to download (in a separate data link) Sale by informal tenders, offers to be received by noon 23 rd June LAND AT WAVENDON VILLAGE MILTON KEYNES, MK17

2 An opportunity to acquire an optimum sized residential development site in an excellent location with outline planning permission for up to 240 dwellings and with the benefit of a detailed technical information pack. Location The site is situated in the village of Wavendon which lies on the southeast edge of Milton Keynes close to Woburn Sands. The village has a historic and eclectic mixture of architectural styles and is noted for The Stables Theatre. The village has local facilities including nursery and primary schools, a pub, a Church and an 18 hole golf course. The site is well located to access to the Kingston District Centre (1 mile) which provides a range of community facilities including library, restaurants and retail outlets. The site is also well located for accessing local shops and restaurants in the nearby town of Woburn Sands (1 ½ mile). Links Central Milton Keynes 6miles M1 Junction 13 4miles London (Luton) Airport 22miles (Distances are approximate) Description The site is currently pastureland and is situated on gently rising ground. The main development access will be from Groveway from an existing junction with pedestrian and cycleway links to Newport Road and Stockwell Lane. The development is wholly residential with a mix of dwelling sizes together with public open space. Town and Country Planning The site is situated within the Milton Keynes District Council s area. Outline planning ref. 15/02768/OUT. Planning Description Outline planning permission has been obtained for construction of up to 240 dwellings with garaging, parking, public open space and landscaping. The Affordable Housing requirement is 30% with a tenure mix of 66% Affordable Rented, 17% Social Rent and 17% Shared Ownership. The planning obligation agreement provides for payment of the Milton Keynes tariff of 18,500 per unit which is indexed and phased. The total estimate with indexation is 5,900,000 The purchaser will be also required to pay 900,000 towards Shared Community Infrastructure referred to in the Section 106. Access Access has been agreed with the Homes and Communities Agency (HCA) for rights of access from the existing Groveway junction subject to a payment of 90,000 and that highway alterations are carried out and completed in accordance with the highways specification. The HCA has reserved reciprocal rights of access to its adjoining land which are indicatively shown on the Master Plan. The purchaser will be responsible for the payment to the HCA. Services Utility and Services Reports are provided within the data room information. Retained Land A strip of land shown noted as Points A-B and B- C and C-D on the brochure site plan may be reserved out of the sale and subject to estate roads and services being taken up to the boundary with vendors step in rights. Tenure The land is being sold freehold with vacant possession on completion. Value Added Tax VAT will be charged on the Sale price. Information Pack A detailed information pack is available to all interested parties. The contents of the information pack can be accessed from a dedicated dropbox using the login details. A list of the documents available can be found in the Additional Information section at the end of this brochure. Dropbox URL Interested parties should make their proposal offer with full knowledge of the information pack. Letters of Reliance Letters of Reliance will be provided for the topographical survey, Soil and Contamination report, Technical Reports on Highways and Services. Viewings The vendors are prepared to allow unaccompanied viewings; however, all parties should notify the agents of the date and time that they intend to inspect. Please note that interested parties who view the site do so entirely at their own risk and every precaution must be taken by those inspecting the site. Method of Sale The land is offered for sale by informal tender and unconditional best and final offers are invited to be submitted in writing by noon 23 rd June 2017 either to; 1. Derek Bromley FRICS, Bidwells, 45 Grosvenor Road, St Albans, Herts, AL1 3AW derek.bromley@bidwells.co.uk 2. Andrew Wright FRICS FAAV, Kirkby Diamond, 15 Shenley Pavilions, Shenley Wood, Milton Keynes, MK5 6LB andrew.wright@kirkbydiamond.co.uk Offers to be clearly marked Land at Wavendon. offers will be accepted provided a hard copy is forwarded in the post. The vendors reserve the right to reject any or all offers. Bidding Process Following the bids the vendors may decide to shortlist prospective purchasers for interview by the vendors agents. This will provide an opportunity to clarify offers. Agents Note The aerial photograph in these particulars is indicative only. For clarification, these particulars have been prepared as a general guide. Particulars Prepared: May

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5 bidwells.co.uk Enquiries Derek Bromley, Bidwells Andrew Wright, Kirkby Diamond Additional Information 1. Planning application forms 2. Planning application plans including; location, topography, site/parameters 3. Topographical Surveys (CAD) 4. Technical Plans including; site access, bus gate proposal 5. List of drawings 6. Archaeological Desk Based Assessment and Heritage Assessment 7. Ecological Appraisal 8. Education Note 9. Travel Plan 10. Flood Risk Assessment 11. Transport assessment 12. Sustainable Design and Construction Statement 13. Design and Access Statement 14. Statement of Community Involvement 15. Summary of planning application 16. Affordable Housing Statement 17. Noise Statement 18. Landscape and Visual Appraisal 19. Draft Planning Permission Decision Notice 20. Draft Section 106 Agreement 21. Archaeological Evaluation Report May 2016 and dated 13/04/17 confirming no further work required 22. Desktop Preliminary Risk Assessment April Technical Report on Highways 24. Ground Investigation Report June Utilities and Wastewater Assessment 26. Legal Summary Report re HCA Access Agreement 27. Land Registry Titles 28. Bidwells Market Housing Report April 2017 Important Notice These particulars do not form part of any offer or contract and should not be relied upon as statements or representatives of fact. Bidwells LLP has no authority to make or give in writing or verbally any representation or warranties in relation to the property. Any areas of measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. No assumptions should be made that the property has all necessary planning, building regulation or other consents. Bidwells LLP have not carried out a survey, nor tested the services, appliances or facilities. Purchasers must satisfy themselves by inspection or otherwise. In the interest of Health & Safety, please ensure that you take due care when inspecting the property. Bidwells LLP is a limited liability partnership registered in England & Wales (registered number OC344553). Registered head office is Bidwell House, Trumpington Road, Cambridge, CB2 9LD, where a list of members is available for inspection

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