FOR SALE. Outstanding Residential Development Opportunity within the South Downs National Park
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- George McBride
- 5 years ago
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1 FOR SALE Outstanding Residential Development Opportunity within the South Downs National Park Hurstfold Farm, Fernhurst, Nr. Haslemere Surrey GU27 3JG Planning Permission Granted for 10 high quality new build homes in the form of a Farmstead. Site area in all about 3.64 HA (9 acres.) Location Lying within the glorious country side surrounding the village of Fernhurst, with southerly views to Bexley Hill and Blackdown Hill to the North. The site is well placed for the popular recreational attractions of Polo at Cowdray Midhurst, Horse and Motor Racing at Goodwood. Rural walks and award winning local pubs on village greens, Lickfold, Lurgashall and Petworth are all readily accessible. Home owners are attracted by the ability to commute to London and enjoy the rural lifestyle.
2 London Waterloo 45 Minutes via Haslemere Station 4.8 Miles, Hindhead A3 6.8 Miles, Midhurst 5.6 Miles, Goodwood 15 Miles, Cowdray Park 4.9 Miles. The development Premium value scheme by design and location to provide a range of high quality 2, 3, 4 and 5/6 bedroom houses deriving their form from the local vernacular Architecture,
3 In the style of a Sussex Farm house, Barn and stable conversions, Farm Workers Cottages and Estate Managers House. All with generous gardens and garaging or cart barns. Additional feature is the inclusion of adjoining fields to the South and East of the development area to be landscaped to enhance the scheme and the surrounding area. To be enjoyed by the residents as a whole or allocated to the two larger units plot7 and 8. Planning Permission Planning permission was granted by South Downs National Park SDNP/16/03737/FULL And SDNP/18/01083/NMA. The latter revised the siting of plot 7 and minor variation to the house design and included the scheme of landscaping for the open fields and margins being a reserved matter. Main Farm House Plot 7 Section 106 The planning permission is subject to a section 106 agreement. In essence there is a commuted payment and other contributions to be made prior to occupation of a dwelling in the amount of 357,767 subject to usual indexation provisions from 8 th December No CIL Payment. SERVICES Drainage; The development will require the provision of a private drainage system which is consented in principle as part of the scheme. Water; The developer will need to bring down a new mains water connection to the site. A cost estimate was obtained last year from South East Water in the amount of about 77, a copy is available. There is some potential to obtain assistance with this infrastructure cost from Homelands Copse residents and others who may join onto the new supply.
4 Electricity There is an electricity substation on site, but requires relocation to the road side on land included in the sale and upgrading. A budget Estimate has been obtained from the SSE in the amount of 54,991 INC VAT. This is subject to current discussion to reduce this cost. The substation also serves Hurstfold industrial Estate and Hurstfold Cottages 1 and 2. Currently the supply to the estate is over head, the relocation of the substation a new underground supply can be provided that will enable the removal of the overhead cables and poles. Gas Non Other matters The landscaping works include an obligation to land scape a strip of land running north east of the sale land which is not in the sale, but owned by the vendor. Full access will be given to this by the vendor to carry out such work and rights granted to allow for future maintenance which will be the responsibility of the development. Site is subject to a public footpath which is identified on all the plans and the design has had regard to. The is a right of way over an access drive that is included in the sale that serves 2 Hurstfold Cottages and a plot for a lock up garage. This garage plot is reserved from the sale with rights of access. (This is outside of the housing development area so does not impact on the scheme.) Soil report An intrusive site soil investigation has been carried out by Ground and Water and is available. National Trust Covenant The site is subject to a covenant held by the National Trust to approve any development such approval not to be unreasonably withheld. The National trust have provided support to the scheme a copy of the draft consent with approval and additional covenant terms specific to the scheme are available. These do not take effect until completion of the scheme and allow for provision of a garden building or green house with each dwelling and complying with a 10 year landscape management plan. Terms of sale Offers are invited for the freehold interest with vacant possession. Purchase price will be subject to VAT which would be reclaimable. Guide price in excess of 3.5 Million. The guide price is not reflective of actual price, offers may be received above or below the guide price. Offers should be in writing and by to jsadler@claudwaterercommercial.com by 12 Noon Wednesday 12 th September Offers should provide evidence of funding and clearly state if the offer is subject to any conditions. Offers must be for an exact amount escalating offers will not be considered.
5 Upon acceptance of an offer a buyer will be required to pay a non-refundable reservation fee of 5000 Where upon they will receive a draft contract and papers. Exchange of contracts is to take place within 28 days of issue of the draft contract. Completion 14 days after exchange of contracts. The vendor is not obliged to accept the highest or any offer All matters are subject to contract. Stamp duty This is a commercial VAT elected property the purchaser will pay stamp duty at commercial property rate maximum of 5% rather than residential 12.5%. Tipping License for soil. Prior to the grant of the residential consent the owner obtained a tipping licence to bring in imported soil to improve the fields. This may be useful and of value and can be passed to a buyer. Any costs and plans provided are for indication only and do not form part of a contract purchasers must rely on their own enquiries and advise of their own surveyors or solicitors. Plans and Other information. The approved plans can be viewed and down loaded from the South Downs National Park Website. Search under Hurstfold Farm. Additional Information is available from Claud Waterer Commercial Ltd at Or request to jsadler@claudwaterercommercial.com if not received with these details. Comprise; Soil report Section 106 planning agreement, National Trust draft deed of approval and plan Landscape Management plan. Proposed Materials schedule, Electricity substation quotation Water Supply Quotation Viewing. From the public footpath or by appointment on site with John Sadler jsadler@claudwaterercommercial.com Claud Waterer Commercial Limited for themselves and for the Vendors or Lessors of this property whose agents they are give notice that (1). Particulars are produced in good faith, are set out as a general guide only, their accuracy is not guaranteed and do not constitute any part of a contract. (2) No person in the Employment of Claud Waterer Commercial Limited has any authority to make or give any representation or warranty whatever in relation to this property. Ref hf3
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