HAUXTON MILL BUILDINGS CAMBRIDGE ROAD HAUXTON CAMBRIDGE

Transcription

1 FOR SALE BY INFORMAL TENDER UNIQUE DEVELOPMENT/CONVERSION OPPORTUNITIES HAUXTON MILL BUILDINGS CAMBRIDGE ROAD HAUXTON CAMBRIDGE ON THE INSTRUCTION OF

2 CONTENTS 1. INTRODUCTION 2. DESCRIPTION 3. PLANNING 4. ACCESS AND RIGHTS OF WAY 5. ECOLOGICAL 6. SERVICES 7. DRAINAGE 8. FLOOD RISK ASSESSMENT 9. DRAWINGS 10. ASBESTOS REGISTER 11. VAT 12. VIEWINGS 13. BIDS 14. TIMING 15. IMPORTANT NOTICE 16. FURTHER INFORMATION February 2016 Page 1

3 1.0 INTRODUCTION Savills have been instructed by Harrow Estates Plc to market the Property which comprises a collection of unique development or conversion opportunities at Hauxton, Cambridge. Available in its entirety, or as various lots, the property is located approximately 3.75 miles (6.04 km) to the south of Cambridge City Centre and 0.66 miles (1.06 km) southwest of Junction 11 of the M11. The lots contained in Section 2 are indicative. Offers will be considered for all or any part of the site. River Cam Riddy Brook The land forms part of a larger site formerly known as the Bayer Site which was purchased by Harrow Estates in December Planning permission for 380 residential dwellings was obtained for the land to the south of the Property which is currently under construction by Redrow Homes (South Midlands). The area of land that February 2016 Page 2

4 we are marketing is separated from the main development area by the Riddy Brook, with the exception of the Old Mill House. The method of disposal is by informal tender and the deadline for bids to be submitted is 12 noon Friday 1 st April Interviews are to be held shortly after this date. Preference will be given to clean unconditional bids and to parties who can clearly demonstrate they have undertaken full analysis of the site and understood all of the obligations to be placed upon them. The full Information Pack can be found at DESCRIPTION Extending to approximately 2.76 acres (1.12 ha) in its entirety, the property comprises of five individual lots. Please note that these lots are indicative and that offers will be considered for all or any part of the property. Indicative Boundaries subject to detailed survey February 2016 Page 3

5 2.1 Lot 1 - The Mill Building A Grade II Listed building arranged over 3 stories, The Mill extends to approximately 245 sq m on the ground and first floor with a potential for a further 180 sq m on the second floor. The Listing Entry for the property is included in the Information Pack. The Mill is currently accessed via a pedestrian route from the main site and an existing vehicular and pedestrian access via a private road to the north of the site accessed off the A10. The Mill Building is thought to be one of the last working Mill Buildings in Cambridge remaining operational until the 1960s. Since then it is not believed to have been used for any other purpose. The Mill is constructed of grey stone. It has a flat facade on each elevation and a limited number of windows and doors. There are no windows on the 2 nd floor (third storey). It has a low pitched slate roof. In recent years it has suffered fire damage through vandalism and all windows are boarded up to prevent entry. However, much of the original machinery within the Mill Building, particularly the working parts on the ground floor, are still in situ. The lot includes the Mill Building and surrouding land as indicated on the plan attached, which we have measured on ProMap as extending to a plot of 0.44 acres. February 2016 Page 4

6 2.2 Lot 2 - The New Mill House The New Mill House is located to the north of the Mill Building. We have not inspected the property internally but understand that the house is a four bedroom detached property in very poor repair. T The lot includes the house and former garden footprint, which we have measured on ProMap as extending to a plot of 0.23 acres. Access for the New Mill House is via a pedestrian route from the main site and a separate vehicular access via a private road from the A10 as indicated on the plan above (hatched black). 2.3 Lot 3 Land Located to the north of the site, this lot includes a parcel of land to the west of the access. We have measured the lot using ProMap as extending to approximately 0.75 acres (0.31 ha). Directly in front of the Mill Buildings, the lot includes a grassed area and a number of large mature trees providing good screening from the A10. February 2016 Page 5

7 2.4 Lot 4 Land Located to the rear of the Mill Building and New Mill House, Mill Island is a flat area of land with rough grass/open meadow in the centre and a combination of small groups of trees and shrubs to its edge. This lot extends to approximately 0.77 acres (0.31 ha) and includes several large mature trees and shrubbery. The site is accessed via the private road hatched black on the plan. 2.5 Lot 5 Old Mill House Immediately south of the Riddy Brook is The Old Mill House. A Grade II listed building, the property was most recently used as an administrative office. A copy of the listing entry is contained within the Information Pack. We have measured the plot on ProMap which extends to approximately 0.28 acres. Access will be via the Bayer site to the south, which will be accessed off a new exit from the A10. A copy of the masterplan for the site is included within the Information Pack. This plan shows an indicative layout for the site. February 2016 Page 6

8 The current proposals allow for up to 14 car parking spaces to be provided in the main commercial area for use by the Old Mill House. 3.0 PLANNING 3.1 Former Bayer Site To the south of the property is the Former Bayer CropScience Ltd site. This is a large scale mixed use development, which was granted outline planning permission (ref: S/2308/06/0) in February 2010 for residential and mixed use development subject to remediation works. A copy of the outline planning permission is contained within the Information Pack. Reserved matters approval was obtained by Redrow Homes (South Midlands) for the development which began construction in We understand that residential development plans have been submitted for the area of the scheme adjacent to the Old Mill House currently consented for commercial development. 3.2 Lots Lot 1 - The Mill Building is Grade II listed. Lot 2 - The New Mill House is a residential property and is currently vacant. As such its planning status is uncertain. If properties are vacant for prolonged periods they can be classed as being abandoned. We would advise purchasers to make their own enquiries. February 2016 Page 7

9 The New Mill House is thought to be subject to the same restrictions as a listed property due to it being within the curtilage of a listed building. Lot 5 - The Old Mill House was formerly a residential property. When the site became used for industrial purposes it is understood to have originally been the site manager s house and subsequently turned into offices to serve the chemical site. The offices have been vacant during Harrow Estates ownership. It is included within the planning permission for the redevelopment of the land to the south of Riddy Brook (it being on the southern edge of Riddy Brook) and is consented to continue as an office building providing approximately 4,000 sq ft of office space. The building is Grade II listed. A copy of the Listing Entry is included within the Information Pack. 4.0 ACCESS & RIGHTS OF WAY 4.1 Access The New Mill House and the Mill are accessed via the track marked on the plan hatched red in the plan below. The Old Mill House will be accessed via the new entrance road to the wider development. The exact configuration of the access route to this lot is to be confirmed. As part of the redevelopment of the former Bayer site the speed limits will be altered. At present a 50mph zone operates along the entire frontage of the Bayer site. 4.2 Footpath An existing footpath runs outside the site from the direction of the church along the eastern boundary. This provides access to Riddy Island where there is a public footpath currently under temporary diversion linking the Mill House to the A10. A Plan is included within the Information Pack indicating the route of the public footpath. February 2016 Page 8

10 5.0 ECOLOGICAL The ecology works for the wider site have been discharged in accordance with Condition 18 of the outline planning consent (ref: S/2269/10) and Clause 18 of the Section 106 Agreement (Feb 2010). A copy of the Ecology Management Plan and associated plans for the entire site, including the River Cam corridor, Riddy Brook and North Meadow is contained within the Information Pack. A bat survey is currently being undertaken for the buildings. Harrow Estates are aware that there is a bat roost in the Mill Building (Lot 1) and that further roosts may be present in the other buildings. Purchasers are to consider that mitigation measures may be required. Further information will be provided during the marketing period. 6.0 SERVICES The Mill has the benefit of electricity but no gas or water, however a Cambridge water main runs in front of the Mill. There is a plan in the Information Pack which shows the location of that main. The Mill also has an operational fire and security alarm. The Old Mill House has the benefit of electricity via the adjacent H pole, but no gas or water. However, a Cambridge water main runs in front of the Mill House. A plan showing the location of this water main is included within the Information Pack. The Mill House has operational fire and security alarms. The New Mill House does not currently have the benefit of any services. However, the property has access rights over the private road and we would expect parties to have the ability to lay services under the road to connect in to existing services in the A10. We would recommend that parties make their own enquiries in relation to this. 7.0 DRAINAGE The foul water drainage for both the Mill and New Mill House is via a private pumping station located to the rear of the Mill. Whilst the pumping station is still there, the section of remaining main connecting to the public drainage system has been removed. The surface water currently discharges to ground. February 2016 Page 9

11 The foul water drainage from the Mill House previously discharged to a septic tank. This is no longer operational and has been removed. A new foul drainage system will therefore need to be installed. The surface water currently discharges to ground. A drainage plan is included in the Information Pack. 8.0 FLOOD RISK ASSESSMENT A Flood Risk Assessment for the site has been undertaken as part of the wider planning application for the Former Bayer Crop site is included within the Information Pack. Harrow Estates have undertaken further flood risk analysis of the site and have subsequently proposed to the Environment Agency that the Flood Modelling map is amended to reflect this. The below extract highlights the proposed, amended Flood Zones and highlights that the majority of the Property falls within Flood Zone 2: Extracted from BWB Proposed Revised Flood Zones We would recommend that interested parties requiring further information on the flood risk of the various lots make their own enquiries with the Environment Agency. 9.0 DRAWINGS Included within the Information Pack are the following drawings: Historic drawings of the Mill Building (dating from February 1976): o Elevations drawing (PP132/6) o Survey long section (PP132/5) February 2016 Page 10

12 o Ground and first floor plan Sketch floor plans of both the New Mill House and Old Mill House 10.0 ASBESTOS REGISTER The asbestos surveys of the properties are contained within the Information Pack VAT VAT will be charged on the sale of the property VIEWINGS Due to health and safety reasons, it is not possible to inspect the New Mill House nor the upper floors of the Mill Building. There is however a detailed schedule of photographs of the interior of the buildings. This is available in the Information Pack. All viewings must be accompanied and these can be booked with a representative from Savills. We advise that appropriate PPE should be worn during the viewing and stress that care should be taken on the site. Savills accept no responsibility for injury or accident at the property and viewings are undertaken at the viewers own risk BIDS Bid Submission The following is to be submitted as part of a bid; Proof of funding 10% non-refundable deposit to be paid on exchange of contracts Confirmation of unconditionality Timescale to exchange Track record (if applicable) Availability of legal undertaking (see below) Offers are to be received by 12 noon Friday 1 st April 2016 and sent in a sealed envelope to Savills, Unex House, Hills Road, Cambridge, CB2 8PA. The envelope should be marked Hauxton Mill Buildings, Cambridge - AJ. offers will be acceptable, addressed to ajones@savills.com. February 2016 Page 11

13 The vendor will not be bound to accept the highest or indeed any offer and may withdraw the property from the market at any time TIMING All interested parties should arrange viewings directly through Abigail Jones. All bids received will be considered. Exchange is to take place 28 days from receipt of papers with completion 28 days thereafter. We reserve the right to ask for an undertaking from the purchaser to cover the costs of the vendor s fees up to a maximum figure of 15,000 plus VAT if the purchaser withdraws from the transaction or reduces the price at any point from receipt of contract up until completion IMPORTANT NOTICE Savills and the vendors give notice that (i) these particulars are produced in good faith and are set out as a general guide only and do not constitute any part of an offer or contract. They are believed to be correct but any intended purchaser should not rely on them as statements or representations of fact but must satisfy themselves as to the correctness of each of them; and (ii) no person in the employment of the agents, or the vendors has authority to make or give any representation or warranty whatsoever in relation to this property, (iii) intending purchaser seeking to rely on any survey, report assessment or statement produced for the vendors by any third party must make their own arrangements with the relevant third party. Please be aware that all plans are subject to the purchaser s surveys and due diligence. February 2016 Page 12

14 16.0 FURTHER INFORMATION The full Information Pack can be found at On reaching the website you will be prompted to register an account. For more information or any problems with gaining access to the website please contact one of the individuals dealing with the sale (details below): Abigail Jones Richard Janes Savills (UK) Ltd Unex House Hills Road Cambridge CB2 8PA February 2016 Page 13