RESIDENTIAL DEVELOPMENT LAND MICKLE WELL PARK, DAVENTRY, NORTHAMPTONSHIRE

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RESIDENTIAL DEVELOPMENT LAND MICKLE WELL PARK, DAVENTRY, NORTHAMPTONSHIRE 0

LOCATION PLANS 2

VENDOR S AGENT RESIDENTIAL DEVELOPMENT LAND MICKLE WELL PARK, DAVENTRY, NORTHAMPTONSHIRE, NN11 2JY SWORDERS The Stables, Bourton Hall, Bourton on Dunsmore, Warwickshire, CV23 9QZ T: 01788 435435 michael.hudson@sworders.com LAND PROMOTER LANDFORM ESTATES LTD 23-25 Great Sutton Street, London, EC1V 0DN VENDOR S SOLICITOR Approximately 38.1 hectares (94.15 acres) located to the north of Daventry Town Centre with outline planning consent for 450 dwellings. Edge of settlement location Approximately 2 miles to Daventry, 15 miles to Northampton, 8.5 miles to Rugby 27 miles to Milton Keynes and 44 miles to Birmingham The site is approximately 9 miles to Junction 16 of M1 and 12 miles to Junction 1 of M6. Outline planning consent granted for 450 dwellings, 1.9ha site for 2 form entry primary school (Class D1) and community hub Completed Section 106 Agreement Daventry benefits from a range of local services, amenities, primary and secondary Schools. The locality is well connected to a wealth of retail and leisure services. Excellent connections to the A45, M45, M1 and M6 make the location ideal for commuting to local centres. Daventry is well placed for commuting to London via train, from either Milton Keynes (40 minutes), Rugby (50 minutes) or Northampton (1 hour) (all distances and times are approximate). OSBORNE CLARKE LLP One London Wall, London, EC2Y 5EB T: 020 7105 7534 F: 020 7105 7535 E: william.gay@osborneclarke.com OFFERED AS A WHOLE (OR OFFERS MAY BE CONSIDERED FOR PHASES) VIEWING STRICTLY BY APPOINTMENT WITH THE VENDOR S AGENT 3

HEADER THE LANDON PAGE The land is a Greenfield site extending to approximately 38.1 hectares (94.15 acres) and is situated on the northern edge of the existing developed area of Daventry. Outline planning consent has been granted for 450 dwellings including required affordable housing provision of 25%. LOCATION Daventry is a popular town, offering a wide array of retail and leisure facilities across the town centre, including primary schools and secondary schools and a Waitrose. Daventry Town Centre is undergoing regeneration, as Mulberry Place Development will be providing a new central shopping centre, cafes, bars and restaurants, as well as a new seven screen multiplex cinema, a library and provision of 250 parking spaces. Daventry lies approximately 13 miles west of Northampton, between Weedon and Southam. The town is located west of the M1 motorway with good road links to the wider area. The nearest train station is at Long Buckby 5 miles north east of Daventry, with connections to Birmingham, Northampton and London Euston. It is well located to serve access for commuting to local centres. Daventry is an historic market town with residential and light industrial development and further enhanced by recent residential developments of high quality in the local vicinity. THE SITE The site comprises of 38.1 hectares (94.15 acres) of agricultural land, enclosed by trees and hedgerows. Mickle Well Park is bounded by the A361 (Ashby Road) to the west and surrounded by agricultural land to the north and east. The Grand Union Canal tunnel passes under the southern boundary of the site with the towpath, in the form of an unmade track, running at surface level across the open fields. Immediately to the south lies an area of public open space, known as the Northern Valley Country Park. The site is well located in terms of road connections and bus services, providing links to Daventry Town Centre, High March Industrial Estate, Daventry International Rail Freight Terminal (DIRFT), and the surrounding villages and onwards to Northampton and Rugby. Phase 3 of DIRFT, comprising 9 million sq ft, has been recently consented and the first element is under construction. The indicative masterplan provides for a net developable area of 17.35 hectares. PLANNING Outline planning consent was granted on 3rd July 2015 for 450 dwellings, 1.9 Ha site for 2 form entry primary school and community hub by Daventry District Council under application reference DA/2014/0869. The planning consent also includes public open space, allotments and associated infrastructure. Planning permission was secured by Landform Estates Ltd, acting as the promoter. Detailed planning information and copies of relevant documents are included in the additional information pack available from the Vendor s Agent. The approved master plan for the outline planning consent (that is indicative only) allows for up to 450 dwellings in total with 25% affordable dwellings. The completed Section 106 Agreement requires contributions to: NCC Education Levy 903,326 NHS Health Facilities 279,450 Sports and Recreation (Indoor Sports Hall and Tennis Courts) 267,923 Daventry Town Centre Contribution 349,650 Highways Contributions (Daventry Link Road) 1,053,000 Bus Service Contribution 300,000 (Phased over 4 years) A361 Bus Stop Contribution 40,000 Footpath Creation Link Contribution 81,000 Travel Pack 76,500 (To be provided to the initial occupier of each dwelling) Provision for 24 Self-Build Dwellings There are separate unilateral undertakings requiring contributions to: Phoenix Youth Club Contributions 900,000 Bridge Spinneys Land Purchase 310,000 The contributions above will depend on the final housing mix. ACCESS Access to the site will be via a proposed single vehicular point of access to the west of the development off the A361 (Ashby Road). An additional access point is proposed off the A361, to the south of the proposed vehicular access, which will be for cyclists and pedestrians only, with access for emergency services. A second access for cyclists and pedestrians only is located to the east of the site with direct access onto Welton Lane. RETAINED LAND The land hatched black, as shown on the indicative masterplan, is to be retained by the Vendor. Access and services to the existing farm buildings and house within the retained land will need to be maintained, together with sufficient capacity to serve future development of the retained land. OVERAGE Offers are invited to include overage provisions for any enhanced planning permission in excess of the consented 450 dwellings. PHASING The site is offered as a whole, although offers in phases may be considered. SELF BUILD DWELLINGS The planning permission provides for the construction of 24 fully serviced self-build dwellings. Offers will be considered either to include or exclude (but service) the self-build units. ACCESS TO RETAINED LAND AND EXISTING FARMHOUSE The Vendor reserves a right of access for all uses and purposes and at all times along the route A-B to emerge onto Welton Lane and the right to hard surface to a width of up to 6m and rights to maintain with maintenance costs thereafter to be according to user. 4

INDICATIVE MASTERPLAN Plots 1-12 B Vehicular access A361 Plots 25-36 Pedestrian, cycle and emergency access only Plots 13-24 AWelton Lane Middlemore 5

HEADER ON PAGE NATURAL SPRINGS The site includes a number of natural springs. These are generally low volume and have historically been dealt with by the land drainage. TENURE & OCCUPATION The land is available freehold with vacant possession upon completion. EASEMENTS, WAYLEAVES AND RIGHTS OF WAY The property is offered subject to and with the benefit of all rights of way whether public or private, all easements, wayleaves and other rights whether specifically referred to here or not. BOUNDARIES The purchaser will be deemed to have full knowledge of the boundaries and neither the Vendor nor their Agent will be responsible for defining any boundaries. ADDITIONAL INFORMATION PACK An additional information pack is available containing copies of the approved planning consent plans and related documents, search results, land registry information and draft contract. Electronic copies are available free of charge on request via Sworders dataroom. LOCAL AUTHORITY Daventry District Council 01327 871100 TENURE Vacant possession will be available upon completion. VIEWING Viewing is strictly by prior appointment only with the Vendor s agent. T: 01788 435435 E: michael.hudson@sworders.com or rebecca.cox@sworders.com 06

LOCATION PLANS DIRECTIONS From the M1 exit at Junction 16 and turn onto the A45 towards Daventry. Continue for approximately 8 miles, passing over one roundabout and on the second roundabout turn right onto the A45, signposted Coventry A45 and Kilsby A361. Continue on the A45 for 1½ miles and on the fourth roundabout turn right signposted A361 to Kilsby. At the second roundabout turn left continuing on the A361. After approximately ½ mile, passing over one roundabout, the land is located on the right hand side. IMPORTANT NOTICE Sworders for itself and the Vendor of this property give notice that the particulars are a general outline only for the guidance of intending Purchasers and do not constitute an offer or contract. All descriptions and any other details are given without responsibility and any intending Purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their correctness. Any measurements, areas or distances referred to herein are approximate only. None of the services or fixtures or fittings has been tested and no warranty is given as to their suitability or condition. Nothing in these particulars shall be deemed to be a statement that the property is in good condition or otherwise. No employee of Sworders has any authority to make or give any representations or warranty whatsoever in relation to the property. No responsibility can be accepted for the expenses incurred by any intending Purchasers in inspecting properties which have been sold, let or withdrawn. All plans included are not to scale and are based upon the Ordnance Survey Map with the sanction of the Controller of H M Stationary Office. Crown Copyright Reserved. Photographs taken and particulars prepared: October 2015. 07

HEADER ON PAGE SURVEYORS PLANNERS ARCHITECTS 0 The Stables, Bourton Hall, Bourton on Dunsmore, Warwickshire, CV23 9QZ T: 01788 435435 www.sworders.com