PRIME DEVELOPMENT OPPORTUNITY FOR SALE WITH VACANT POSSESSION Totalling approximately 7.3 hectares (18 acres) KEY FEATURES Outline planning permission in place to include residential units, C2 care home, B1 office and A1 retail New dedicated high visibility access road direct off the A61 Superb quality, popular rural village location Approximately 3 miles to the south of central Harrogate Fronting the A61 and opposite Pannal railway station Excellent transport and commuting links to Harrogate and Leeds ENTER
PANNAL STATION THE SITE CARE HOME LOCATION NEW ROAD A61
LOCATION Pannal is a popular and affluent rural village in North Yorkshire, situated approximately 3 miles south of Harrogate, 9 miles to the north west of Wetherby and 13 miles north of Leeds. The A61 runs north to south through the village, which is the main through road from Leeds to Harrogate providing good quality commuting and transport links. Pannal sits within the prime commuter belt to the south of Harrogate and has its own railway station, only 1 minute walk from the site, providing access into the centre of Harrogate in 8 minutes, Leeds in 30 minutes and York in 50 minutes. The village benefits from having a small number of local amenities, including a recently opened Co-op supermarket, which is located within a short walking distance. Pannal Primary School has a 2014 Ofsted rating of good and lies approximately half a mile away. DESCRIPTION The site is located on the popular south side of Harrogate, immediately to the west of the A61 Princess Royal Way, fronting Station Road and adjacent to Pannal rail station. The site is the former Dunlopillo Latex Foam Factory with an additional area of pasture land fronting onto the A61 where a new dedicated access will be built into the site. The site is generally level and regular in shape, is currently used as a multi-tenanted industrial facility and full vacant possession is to be gained in September 2016. (A full tenancy schedule is contained within the data room). The village mainly comprises residential units, with the immediate surrounding area being mixed use, comprising light industrial, retail, vehicle showroom and residential. Pannal Golf Club lies opposite the site. The village has historically always been a popular area for Leeds, Harrogate and Bradford commuters, benefiting from good transport links and railway station. Please note the care home element has been sold to the award winning Vida Healthcare. They are due to start on site in 2016 building a new state of the art care home facility A new access road and roundabout leading off the A61 to the site is due to be constructed to an adoptable standard, by Vida Healthcare under the ultimate control of the landowner. PLANNING Planning permission has been granted (ref 13/02358/ OUTMAJ) for demolition of existing buildings to be replaced with a mixed use development to include dwellings, serviced employment plots (use class B1), retail units (use class A1), park and ride, sports pitches and amenity space with access considered. The site encompasses two sections; an area having planning permission for residential units, and a separate area that currently has planning permission for employment use. A planning amendment (ref 14/01964/DVCMAJ) was submitted on the 20th May 2014 to provide for the development of a care home (use class C2). This section has been sold and is excluded from the sale. For all planning related enquiries please contact Jay Everett of Addison Planning Consultants Ltd on 0113 887 9755 Illustration purposes only 3
APPROVED OUTLINE PLANNING CONSENT 4
VIEWINGS Viewings will be undertaken on site open days and interested parties can register their interest and will be notified of those dates, under no circumstances are interested parties to access the site without our permission. DISPOSAL PROCESS The site is being sold with vacant possession in October 2016, we are seeking offers on a subject to planning basis by 22 nd January 2016 on either of the following two options: Option One: Offers are invited on the entire site with vacant possession. Initial offers for the residential element only, but with an overage position on the entire site. Option Two: Offers are invited for the entire site with vacant possession, based upon existing use value, but subject to an overage provision. We will also consider any alternative options if you feel that this will generate a higher land value. DATA ROOM Access to the site dataroom containing the following information is available on request: Full outline planning documents Ground report Title plan Schedule of buildings For more information, please contact: Mike Gorman t: 0113 394 8807 e: mike.gorman@cbre.com Steven Verity t: 0161 233 5648 e: steven.verity@cbre.com Rupert Visick t: 0113 200 3982 e: rupert.visick@gentvisick.com www.cbre.co.uk Leeds 0113 394 8800 www.cbre.co.uk Manchester 0161 455 7666 SUBJECT TO CONTRACT Disclaimer: CBRE Limited and Gent Visick Ltd. November 2015. CBRE Limited and Gent Visick Ltd. on its behalf and for the Vendors or Lessors of this property whose Agents they are, give notice that: 1. These particulars are set out as a general outline only for guidance to intending Purchasers or Lessees, and do not constitute any part of an offer or contract. 2. Whilst CBRE Limited and Gent Visick Ltd. uses reasonable endeavours to ensure that the information in these particulars is materially correct, any intending Purchasers, Lessees or Third Parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection, searches, enquiries, surveys or otherwise as to their accuracy. CBRE Limited and Gent Visick Ltd. as such cannot be held responsible for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss of profits resulting from direct or indirect actions based upon the content of these particulars. 3. No person in the employment of CBRE Limited and Gent Visick Ltd. has any authority to make any representation or warranty whatsoever in relation to this property. 4. Unless otherwise stated, all purchase prices and rents are correct at the date of publication and, unless otherwise stated, are quoted exclusive of VAT. Lease details and service ground rent (where applicable) are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts. All maps and plans in this document are for identification purposes only. 5