Lincoln House, High Wycombe, HP10. Freehold Residential Development Opportunity in High Wycombe

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1 Freehold Residential Development Opportunity in High Wycombe (subject to obtaining the necessary planning consents) Lincoln House, High Wycombe, HP hectares (0.45 acres) Offers invited on an unconditional, subject to planning or joint venture basis Lincoln House, Brookfield Road, Wooburn Green, High Wycombe, Buckinghamshire HP10 0QA

2 The site is approximately 0.18 hectares (0.45 acres) and is currently occupied by a former sheltered housing scheme. A development opportunity (subject to obtaining the necessary planning consents) within Wooburn Green, located approximated 5 miles from High Wycombe town centre. Muncipal Gardens For sale freehold. The site benefits from a car park to the front of the property. The site is situated 1 mile from Bourne End Railway Station, which provides regular indirect services to London Paddington in approximately 1 hour. Opportunity to deliver a bespoke residential development in Wooburn Green, High Wycombe Outlines are indicative only 1

3 M40 WOOBURN GREEN LANE SPORTS FIELD FLACKWELL HEATH White Pit Ln Hotspur Ln Broad Ln A4155 LITTLE MARLOW WELL END Bourn End Academy (Secondary School) Blind Ln Town Ln WOOBURN GREEN Location Upper Thames Sailing School River Thames A4155 The Parade Bourne End Railway Station COCKMARSH Cores End Rd A4094 Wooburn Town Hawks Hill Brook Bank Kiln Ln B4440 WOOBURN The Site Broad Ln HEDSOR GOLF COURSE Wooburn Common Rd Green Common Rd Ship Hill Lincoln House is located within the administrative area of Wycombe District Council. The Site is situated within the village of Wooburn Green, approximately 5 miles south east of High Wycombe town centre. GRANGE LANE WINTER HILL GOLF CLUB Hedsor Rd Hedsor House and Park HEDSOR Hedsor Hill Heathfield Rd Soho Mills Ind Est The Site is bounded in all directions by residential dwellings of predominantly 2 storeys. Town Lane (A4094) forms a linear boundary to the north; this serving as a main thoroughfare to and from the area. The surrounding area is semi-rural, with the Site being a short distance from the open countryside which forms Green Belt land. The majority of buildings within the area are residential at an average of two storeys in height. To the north of the Site lies an industrial park, with open fields at a further distance. South of the site is further open space and a small forested area. St Pauls CofE Primary School The site benefits from being approximately 1 mile from Bourne End Railway Station, which provides a regular indirect services to London Paddington in approximately 1 hour. The site lies within Wooburn Green, where there are a number of industrial units (B1-B8 uses), a small church, Wooburn Park and St Pauls C of E combined primary school, although the area is predominantly made up of residential properties. Upper Thames Sailing Club 2

4 Planning and Feasibility The Site covers an area of 0.18 ha and comprises a single three-storey L-shaped residential building and associated car park. The Site is located within close proximity to, but outside of, the Wooburn Town Conservation Area which lies to the West of the site and incorporates the church and extends to the south of the adjacent industrial park. There are no listed buildings or buildings of local importance on the Site. Wycombe District Council have calculated a Five Year Housing Land Supply Calculation (5YHLSC) for the district. In the Strategic Housing Land Availability Assessment (SHLAA) of March 2009 the area of Wooburn/ Bourne End is outlined as being one of the most sustainable settlements in which housing development should take place. The site offers potential to redevelop the whole Site for new build development. This would provide flexibility on the layout of units and the height of buildings across the Site, however development would be subject to the District Design Guide. It is considered that proposals for 2-3 storey buildings to be the most suitable for the Site, given the area s semi-rural location and the character of the residential dwellings within the area of Wooburn. be required for schemes involving the construction of 15 or more dwellings (or of minimum size 0.5ha) in the High Wycombe Urban Area, Marlow and Princes Risborough. The Site itself is not located within an area of flood risk. The SPD further states that it is unlikely that any requirement for planning obligations will arise from developments of less than 10 dwellings or below 500sqm of commercial floorspace. The Planning Obligations SPD also contains reference to the Community Infrastructure Levy (CIL) Charging Schedule. For this site the Council would impose a charge of 150 per m2 of uplift in floorspace for residential developments within Zone B. It is noted that as the Council have adopted their CIL, the level of contributions that can be secured via a S106 are limited, and must be justified against CIL Regulations 122 and 123. A planning brief has been made available in the data room. Lincoln House It is considered that the principle of residential development of the site, either market-led or retirement/assisted living-led, is appropriate and accords with planning policy at all levels. The District Council states that affordable housing will Lincoln House Entrance View 3

5 Tenure The property is for sale freehold and with vacant possession. VAT The property is not elected for VAT. Method of Sale The property will be sold by way of informal tender. Lincoln House and car park Bidders are reminded that our client does not undertake to accept the highest, or any other offer received as part of this process. Basis Of Offer Offers are invited on an unconditional, subject to planning or joint venture basis. To be received by no later than 12 noon, Wednesday 20th January A bid-proforma must be completed for all offers. All offers should be submitted in accordance with the bid-proforma and ed to Anthony Shaw. A copy of the bid-proforma form is available to download from the Dataroom or available upon request. Bourne End 4

6 Dataroom See the link below for access to the Dataroom. Contact Anthony Shaw Adam Scott - Avis Graham Priddle Important notice 1. Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by the agents in the particulars or by word of mouth or in writing ( information ) as being factually accurate about the property, its condition or its value. Neither agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s). 2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. Designed by i-brochure. November Hedsor House and Park 65