Residential Development Site, Stadhampton, Oxfordshire

Transcription

1 Residential Development Site, Stadhampton, Oxfordshire

2 PROPOSED LAYOUT FROM OUTLINE APPLICATION

3 NEWINGTON ROAD STADHAMPTON, OXFORDSHIRE Prime Residential Development site extending to 3.04 hectares (7.50 acres) with outline planning consent for up to 65 dwellings FOR SALE FREEHOLD WITH VACANT POSSESSION Oxford City Centre 9 miles Watlington 6.5 miles Wallingford 7.5 miles M40 - Junction miles BACKGROUND Catesby Property Group plc, acting on behalf of the landowner, have pursued and obtained the grant of outline planning consent for the development of this prime site. It is now offered for sale and offers house builders an excellent opportunity in close proximity to Oxford and the M40. LOCATION The site is located on the southern edge of the village bounded by residential development to the north and overlooking open countryside to the east and west. The centre of Stadhampton is located within walking distance of the site and provides a range of services and facilities, including a primary school, convenience store, shops, post office, petrol station, restaurant and public house. Stadhampton is located approximately 7.5 miles north of Wallingford and 9 miles south east of Oxford. ACCESS Access to the site is gained from the A329 Newington Road which leads to junction 7 of the M40 in 4.5 miles and gives direct access to Oxford in 9 miles via the B480. EMPLOYMENT CENTRES Important employment centres include Cowley Business Centre (including BMW) (4.5 miles), Oxford Science Park (6 miles), Culham Science Centre (6 miles), Milton Park (10.5 miles) and Harwell Science & Innovation Centre (14.5 miles).

4 PLANNING CONSENT The site has the benefit of outline planning consent granted on appeal under reference: APP/Q3115/W/15/ dated 19 May 2016 for: Outline planning permission for the demolition of existing structures and residential development up to 65 dwellings (Use Class C3) and associated works including means of access, with all other matters (relating to appearance, landscaping, scale and layout) reserved at land to the east of Newington Road, Stadhampton, Oxfordshire Supporting the planning consent is a Section 106 agreement securing the delivery of financial contributions and affordable housing provisions. The Planning Inspector when making his decision has removed any requirement to deliver the Highway Works as defined in Schedule 5 of the Section 106 and in addition the Bus Service contribution has been reduced from 620,000 to 400,000. SECTION 106 FINANCIAL OBLIGATIONS Planning Obligations to South Oxfordshire District Council (SODC): District Contributions: Recycling Contribution of 11,050 towards waste and recycling bins for the development. Street Naming Contributions 1,541 Monitoring Fee 630 Planning Obligations to Oxford County Council (OCC): Bus Contributions: 400,000 Affordable Housing Requirements: 40% of the total dwellings on the site, of which at least 75% shall be affordable rented units and no more than 25% shall be shared ownership units. Affordable Housing Schedule: Unit Type Unit Size No. of Rented Units 1 bed flat/ house (2 people) 2 bed flat/ house (4 people) 3 bed house (5 people) 3 bed house (6 people) Minimum 46 sq metres GIA Minimum 68 sq metres GIA (flat) Minimum 73 sq metres GIA (house) Minimum 83 sq metres GIA Minimum 95 sq metres GIA 3 units 0 units 12 units 5 units 3 units 2 units 1 unit 0 units No. of Shared Ownership Units For the avoidance of doubt the purchaser will be responsible for the payment of all financial contributions payable under the S.106 agreements and the unilateral undertaking. Monitoring Fee: 1,000

5 LOCATION PLAN

6 GENERAL REMARKS AND STIPULATIONS Tenure The site is offered for sale freehold with vacant possession on completion. Method of Sale The site is offered for sale by way of informal tender with unconditional offers being sought. The vendor reserves the right not to accept the highest or any offer. All interested parties are requested not to make contact with either the Local Planning Authority or any Statutory Undertakers during the tender period. The Vendors reserve a right of access to their retained property Glenside. Sales Pack A sales pack containing approvals, plans, agreements and associated documents is available online via Dropbox. To obtain the link for access please lesley.jones@adkin.co.uk Offers Bidders are required to submit their offer by completing the financial proposal form available from the selling agents. All offers to be either delivered to the selling agents office marked Stadhampton Site or ed jointly to Philip Pocock and David Harper by 12 noon on Wednesday 6th July Interviews Bidders should confirm their availability, if shortlisted, for interview at the offices of the selling agents on Friday 8th July Exchange of Contracts and Completion Exchange of contracts are required within 28 days of provision of the contract to the successful bidders solicitors. Completion to follow 28 days thereafter. Local Authorities South Oxfordshire District Council, 135 Eastern Avenue, Milton Park, Milton, Oxfordshire OX14 4SB Tel: Oxfordshire County Council, County Hall, New Road, Oxford, OX1 1ND Tel: Contract Solicitors Eversheds LLP, 115 Colemore Row, Birmingham, B3 3AL. Tel: philipmedford@eversheds.com Viewing The site may be viewed during daylight hours. Please carry a copy of these particulars. For further information Please contact: Philip Pocock on or philip.pocock@adkin.co.uk or Jenna Wald on or jenna.wald@adkin.co.uk David Harper on or davidh@catesby-property.co.uk Adkin for themselves, and the Vendors of this property, whose Agents they are, give notice that: (1) These particulars do not constitute, nor constitute any part of any offer or contract; (2) All statements contained in these particulars as to this property are made without responsibility on the part of Adkin, or the Vendor; (3) None of the statements contained in these particulars as to this property are to be relied on as statements of representation of fact; (4) Any intending purchaser or tenant must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars; (5) The Vendor does not make or give, and neither Adkin nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property.

7 SITE PLAN

8 Orpwood House, School Road Ardington, Wantage Oxfordshire OX12 8PQ Telephone: Catesby House 5B Tournament Court Edgehill Drive Warwick CV34 6LG