RESIDENTIAL DEVELOPMENT OPPORTUNITY FOR SALE

Transcription

1 RESIDENTIAL DEVELOPMENT OPPORTUNITY FOR SALE Moor Lane, Swinderby, Lincolnshire, LN6 9LX Price: Upon Application Size: Ha ( Acres) Substantial self contained site on the edge of an attractive village Resolution to grant planning for up to 120 dwellings, commercial space and retirement living Site extending to around hectares ( acres) or thereabouts Offers invited for the freehold interest Voted by the Estates Gazette Most active agent in the East of England 2014, 2015, 2016

2 LOCATION Swinderby is located approximately eight miles south west of the City of Lincoln and seven miles north east of the town of Newark. The village lies within one and a half miles of the A46 Newark-to-Lincoln dual carriageway, which joins the A1 approximately six miles away on the north side of Newark. Newark Northgate station is located on the East Coast mainline with a fastest journey time to London Kings Cross of around 1 hour 22 minutes. Swinderby has its own rail station, located within 1.5km of the site, has recently been upgraded with regard to car parking, lighting and cycle parking provision. The station provides services to Nottingham (40 minutes) and Lincoln (17 minutes). Swinderby is an attractive village with a mixed selection of housing types and with the added benefit of a pub, church, village hall and primary school with nursery. SITE DESCRIPTION The site is situated at the northern eastern corner of the village on the south side of Moor Lane and is currently accessed solely by way of Moor Lane. At its western end, the site adjoins the gardens of existing residential properties. The site is otherwise bordered by fences and ditches on all sides, beyond which are fields. The site currently houses a former vegetable packing factory building together with a number of other smaller buildings and concrete hard-standings on three sides of the factory with gravelled car parking along the Property s Moor Lane frontage. The vendors have received competitive quotations for the demolition and clearance of the existing structures. Subject to agreement of terms, the vendors are prepared to either arrange for the demolition works to be undertaken or for the cost to be deducted from the sale price agreed. Further details are available from the agents. SITE AREA The property comprises a site extending to approximately hectares ( acres) in total or thereabouts subject to final survey. This area is broken down into two parcels as shown on the attached plan. Plot 1 amounts to hectares (1.45 acres,) plot 2, hectares ( acres) or thereabouts. The boundaries indicated on the attached plans are for guidance only and are subject to title verification. Further detail available from the agents. PLANNING A resolution to grant planning consent was passed by North Kesteven District Council on 19th September 2017 for the development of:- Up to 120 dwellings Up to 1,500 sq m of B1 commercial space Up to 20 units of senior living / retirement accommodation Communal play / recreation space Community car park and shop As part of the consent for the residential dwellings there will be requirements for:- 25% affordable housing No fewer than 5% to be single storey No fewer than 30% to be delivered to higher access standards of Part M4(2) of Building Regulations SECTION 106 AGREEMENT A section 106 Agreement document is currently being negotiated, further details upon request. The principle requirements of the agreement include for:- A contribution towards additional secondary and 6th form education based on 3, per dwelling (indicatively 453,744) payable at 50% completion of the open market units A contribution for the internal reconfiguring of clinical space at the Bassingham Doctors Surgery based on per dwelling to a maximum contribution of 51,000. Details and provision of open space, play equipment, boundary buffer areas etc. to be agreed with input from the Parish Council A contribution towards enhancement of the church meeting room in Swinderby to form a Community Hall. A scheme for marketing of the reserved community shop site. 10,000 contribution towards the running costs of Lincolnshire County Council s call connect bus service serving the Swinderby area. A contribution of 5,000 towards LCC cost in terms of monitoring the travel plan. Further details available upon request SERVICES We understand that the existing property on site benefits from mains electricity, water and drainage. Further detail available from the agents. (Continued on page 3) Note: Barker Storey Matthews is the trading name of BSMH Ltd. Reg No These particulars do not constitute or form any part of an offer or contract nor may they be regarded as representations. All interested parties must themselves verify their accuracy. All measurements are approximate. Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax. NIA Refers to Net Internal Area. Where appropriate or stated IPMS 3 relates to the International Property Measurement Standards 1st Edition. A definition can be found at:

3 (Continued from page 2) Severn Trent have confirmed that there is a requirement for attenuating surface water on site. One of the existing discharge ponds might be helpful to the wider village in controlling water movement locally. Drainage plans for the disposal of surface water and foul sewage are to be submitted to and approved by the Local Planning Authority. The scheme shall be implemented in accordance with the approved details before the development is first brought into use, to ensure that the development is provided with a satisfactory means of drainage as well as reduce the risk of creating or exacerbating a flooding problem and to minimise the risk of pollution. Severn Trent Water advises that there is a public pressurised sewer located within the application site. Applicants to contact Severn Trent Water to discuss proposals. Severn Trent Water will seek to assist in obtaining a solution which protects both the public sewer and the proposed development. ADDITIONAL INFORMATION A copy of the Resolution to Grant is available from the agents, which highlights the various conditions, in particular relating to Sustainable Drainage System (SuDS), Ecology, Tree Survey, Environmental Considerations, Highways and Transport Assessment, Travel Plan requirements and Archaeological Assessment etc. Ecology The Vendors have submitted surveys in relation to Great Crested Newts, Reptiles and Invertebrates together with and a Draft Biodiversity Management Plan. The Council s retained ecologists have confirmed that the survey results have demonstrated that the habitats on site are of a low value for invertebrates, and that there is little risk of Great Crested Newts and reptiles occurring on the site. Archaeology The vendors have submitted a desk based assessment of the potential for archaeological remains to be present on the site. The report states that archaeology does not form a constraint to development of the site and recommends that an appropriate condition is all that is necessary to ensure that the requirements of the NPPF and policy LP25 The Historic Environment are met. Topographical Survey A topographical survey has been completed and is available upon request. Other Documents Copies of supporting documents are available upon request. Interested parties are also advised to visit the application website:- =documents&keyval=op4nb2llihb00 Interested parties can search under the application reference: 17/0603/OUT Business Rates The existing premises have a Rateable Value (2017 Assessment) of 214,000. The assessment will be removed upon demolition of the buildings on site. FREEHOLD FOR SALE Offers are invited for the freehold interest with vacant possession, on the basis of the outline planning consent as granted. Bids are invited for each plot. Or as a combination. LEGAL COSTS Each party is responsible for their own legal costs. VAT We are advised by our clients that VAT will not be chargeable on the land prices agreed. VIEWING Unaccompanied access is available to site but only by prior appointment. Further details, please contact the agents:- Barker Storey Matthews 37 Priestgate, Peterborough PE1 1JL Contact:- Steve Hawkins, sph@bsm.uk.com (01733) P Note: Barker Storey Matthews is the trading name of BSMH Ltd. Reg No These particulars do not constitute or form any part of an offer or contract nor may they be regarded as representations. All interested parties must themselves verify their accuracy. All measurements are approximate. Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax. NIA Refers to Net Internal Area. Where appropriate or stated IPMS 3 relates to the International Property Measurement Standards 1st Edition. A definition can be found at:

4 ORDNANCE SURVEY PLAN THIS PLAN IS REPRODUCED FROM THE ORDNANCE SURVEY MAP WITH THE PERMISSION OF THE CONTROLLER OF HER MAJESTY S STATIONERY OFFICE, CROWN COPYRIGHT RESERVED. THIS PLAN IS PUBLISHED FOR IDENTIFICATION PURPOSES ONLY AND ALTHOUGH BELIEVED TO BE CORRECT, ITS ACCURACY IS NOT GUARANTEED AND IT DOES NOT FORM PART OF ANY CONTRACT. LICENCE NO AERIAL PHOTO COPYRIGHT GETMAPPING PLC, MAP DATA COPYRIGHT 2017 GOOGLE GOOGLE, IMAGERY COPYRIGHT

5 ORDNANCE SURVEY PLAN THIS PLAN IS REPRODUCED FROM THE ORDNANCE SURVEY MAP WITH THE PERMISSION OF THE CONTROLLER OF HER MAJESTY S STATIONERY OFFICE, CROWN COPYRIGHT RESERVED. THIS PLAN IS PUBLISHED FOR IDENTIFICATION PURPOSES ONLY AND ALTHOUGH BELIEVED TO BE CORRECT, ITS ACCURACY IS NOT GUARANTEED AND IT DOES NOT FORM PART OF ANY CONTRACT. LICENCE NO