For Sale - Microsoft€¦ · DEVELOPMENT OPPORTUNITY Land at Hill Cottage, Ermin Street, Blunsdon...

6
For Sale RESIDENTIAL DEVELOPMENT OPPORTUNITY Land at Hill Cottage, Ermin Street, Blunsdon Hill, Swindon, Wiltshire, SN26 8BY January 2019 08449 02 03 04 avisonyoung.co.uk/14807

Transcript of For Sale - Microsoft€¦ · DEVELOPMENT OPPORTUNITY Land at Hill Cottage, Ermin Street, Blunsdon...

Page 1: For Sale - Microsoft€¦ · DEVELOPMENT OPPORTUNITY Land at Hill Cottage, Ermin Street, Blunsdon Hill, Swindon, Wiltshire, SN26 8BY January 2019 08449 02 03 04 avisonyoung.co.uk/14807

For Sale

RESIDENTIAL

DEVELOPMENT

OPPORTUNITY

Land at Hill Cottage,

Ermin Street, Blunsdon

Hill, Swindon, Wiltshire,

SN26 8BY

January 2019

08449 02 03 04

avisonyoung.co.uk/14807

Page 2: For Sale - Microsoft€¦ · DEVELOPMENT OPPORTUNITY Land at Hill Cottage, Ermin Street, Blunsdon Hill, Swindon, Wiltshire, SN26 8BY January 2019 08449 02 03 04 avisonyoung.co.uk/14807

Highlights

On behalf of Blunsdon House Hotel

Limited and Ainscough Strategic

Land, we are delighted to offer this

land for sale with the following high-

lights:

─ Greenfield site

─ 10.11 Acres (4.09 Ha)

─ Outline planning permission for up

to 100 dwellings

─ Close to strong Thames Valley em-

ployment market, good road and

rail access to both London and

Bristol

─ Excellent road access to M4 mo-

torway

─ 30% Affordable Housing

Illustrative Masterplan

Page 3: For Sale - Microsoft€¦ · DEVELOPMENT OPPORTUNITY Land at Hill Cottage, Ermin Street, Blunsdon Hill, Swindon, Wiltshire, SN26 8BY January 2019 08449 02 03 04 avisonyoung.co.uk/14807

The Opportunity GVA is appointed as sole agent to

offer this excellent opportunity to the

market in the very well located village

of Blunsdon, providing outstanding

access to the robust Thames Valley

employment markets, as well as swift

access to both London and Bristol.

This land is subject to outline planning

permission for up to 100 dwellings, with

all matters reserved except access.

Location The site is located in Broad Blunsdon on

the northern perimeter of Swindon,

approximately 4 miles north of Swindon

town centre via the A4311. Together

with the nearby villages of Blunsdon St.

Andrew and Lower Blunsdon the area

is known collectively as Blunsdon.

The strong Thames Valley employment

markets (Swindon, Reading, Newbury,

Maidenhead, Slough) are easily

accessible via the M4 motorway with

J15 M4 being approximately 8 miles (13

km) to the south via the dual

carriageway A419. Bristol city centre is

approximately 49 miles (78 km) to the

west also via the M4 and M32

motorways. Central London is

approximately 81 miles (130 km) to the

east also via the M4.

Swindon Station approximately 4.9

miles (7.8 km) to the south in Swindon

town centre provides swift access to all

mainline rail stations along the Great

Western mainline. Paddington Station

is under an hour direct from Swindon,

with an average of five services per

hour.

Facilities Secondary education is currently

provided at the newly constructed

Great Western Academy located

approximately 2 miles (3km) to the

west at Tadpole Garden Village and

Abbey Park School approximately 3.2

miles (5 km) to the west. Permission

has been granted for a new primary

school as part of the Tadpole Garden

Village in addition.

Primary education is currently provided

by St Leonard’s CE Primary Academy

approximately 1 mile (0.6 km) to the

east.

Page 4: For Sale - Microsoft€¦ · DEVELOPMENT OPPORTUNITY Land at Hill Cottage, Ermin Street, Blunsdon Hill, Swindon, Wiltshire, SN26 8BY January 2019 08449 02 03 04 avisonyoung.co.uk/14807

Description The site currently comprises part of a

golf course and has within it Hill

Cottage which has a direct access off

Ermin Street. The site is on the northern

edge of Swindon, and immediately to

the north of recent residential

development at ‘Blunsdon Chase’,

High Street, by Linden Homes. The site is

surrounded by exist ing r ibbon

residential development.

The site is 10.11 acres (4.09 Ha) in area.

Its topography is gently undulating,

and slopes from south to north ranging

from approximately 124m AOD in the

northwest corner to 135m AOD in the

eastern corner, and 139m AOD in the

southern corner. The gradient is

approximately 1 in 20.

The site falls within the grounds of

Blunsdon House Hotel which includes

the golf course. The site has a mix of

tree and vegetation cover and a

residential premises known as Hill

Cottage (to be demolished under the

granted planning permission).

The site boundaries consist of post and

rail fence (north), mature treeline

(south), mature treeline and hedges

and Ermin Street/Blunsdon Hill (west).

The eastern boundary is undefined and

open onto retained Hotel grounds.

Access to the site is taken from Ermin

Street/Blunsdon Hill which runs along

the site’s western boundary.

Constraints The si te contains no known

a r c h a e o l o g y , e c o l o g y o r

arboricultural constraints.

A Flood Risk Assessment is available

which identifies the site as being

located within Flood Zone 1

indicating a ‘low probability’ of

flooding (less than 1 in 1000 annual

probability).

A Public Right of Way (PRoW) runs

along the northern boundary of the site

and connects directly to the centre of

Broad Blunsdon.

An existing Thames Water trunk main

runs along the western border of the

site parallel to Ermin Street/Blunsdon

Hill. This is required to be kept in place

and a 5 m easement needs to be

implemented either side of the

pipeline.

Page 5: For Sale - Microsoft€¦ · DEVELOPMENT OPPORTUNITY Land at Hill Cottage, Ermin Street, Blunsdon Hill, Swindon, Wiltshire, SN26 8BY January 2019 08449 02 03 04 avisonyoung.co.uk/14807

Planning The site benefits from outline planning

permission (granted at appeal on

O c t o b e r 1 8 t h 2 0 1 8 , r e f .

APP/U3935/W/17/3192234) f rom

Swindon Borough Council for the

erection of up to 100 dwellings and the

demolition of Hill Cottage with on-site

recreational space, landscaping and

associated road and drainage

infrastructure.

Under this outline permission access is

the only issue to be consented, and is

required to be carried out as an initial

operation. Al l other matters

(appearance, landscaping, layout,

s c a l e ) r e s e r v e d f o r f u t u r e

determination.

The appeal decision of October 2018

stipulates that 30% of the consented

dwellings will be Affordable Housing, of

which 9% will be for affordable home

ownership.

Planning obligations secured through

Section 106 allow for financial

contributions towards outdoor sports

facilities at Blunsdon Recreation

Ground, provision of an on-site Open

Space Strategy including the provision

and maintenance of a play area, and

implementation of a Travel Plan.

Further detail on planning obligations is

available in the data room.

The Local Planning Authority is Swindon

Borough Council.

Further Information Further technical, planning, survey and

legal information is available by

registering for data room access at:

http://broadblunsdon.gva.co.uk

Viewings The site can be viewed from the road.

If you require access into the site please

contact GVA for access arrangements.

Services We understand that all mains services

are available in close proximity to the

site. Foul drainage connection can be

made directly into the existing sewer

network using a gravity drainage

solution. We recommend that

prospect ive purchaser s sat i s fy

themselves in respect of the location

and capacity of services for their

individual scheme proposals.

VAT VAT will be payable on the purchase

price.

Tenure The property is held freehold.

Form of Sale The property is for sale by informal

tender for the freehold land. Whilst

there is a strong preference for the

land to be sold on an unconditional

basis, Subject to Planning offers will also

be considered. The vendor has a

preference for no/limited deferred

payment terms.

Offers The deadline for NET offers is 3pm on

Friday 8th March 2019 by email or post

to James Craven, GVA, contact details

overleaf.

T h e d a t a r o o m c o n t a i n s a

comprehensive set of documents

including a signed S106 Agreement

and Phase II Site Investigation, hence

bids are expected to be on an entirely

NET basis.

The anticipated programme is as

follows:

Receipt of offers — 8th March 2019

Interviews — proposed to take place

week commencing 18th March 2019

Preferred purchaser and heads of

terms agreed — 8th April 2019

Exchange of contracts and completion

— 17th May 2019

Please submit offers by completing the

bidding instructions proforma included

in the data room.

Please note that the vendor is not

obliged to accept the highest offer,

nor indeed any offer received.

Page 6: For Sale - Microsoft€¦ · DEVELOPMENT OPPORTUNITY Land at Hill Cottage, Ermin Street, Blunsdon Hill, Swindon, Wiltshire, SN26 8BY January 2019 08449 02 03 04 avisonyoung.co.uk/14807

For further information please contact:

Avison Young

St Catherine’s Court, Berkeley Place, Bristol BS8 1BQ

Avison Young is the trading name of GVA Grimley Limited. © 2019 GVA Grimley Limited

Avison Young hereby gives notice that the information provided (either for itself, for any joint agents or for the vendors

lessors of this property whose agent Avison Young is )in this brochure is provided on the following conditions:

(1) The particulars are set out as a general outline only, for the guidance of intending purchasers and/or lessees and do

not constitute an offer or contract, or part of an offer or contract.

(2) All descriptions, dimensions and references to this property’s condition and any necessary permission for use and

occupation, and any other relevant details, are given in good faith and are believed to be correct. However, any

intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves

of their correctness by inspection or otherwise.

(3) No person in the employment of Avison Young, or any joint agents, has any authority to make or give any

representation or warranty whatsoever in relation to the property or properties in this brochure.

(4) All prices quoted are exclusive of VAT.

(5) Avison Young shall have no liability whatsoever in relation to any documents contained within the brochure or any

elements of the brochure which were prepared solely by third parties, and not by Avison Young.

James Craven MRICS

Tel: 0117 988 5314

Email: [email protected]

Dan Rich MRICS

Tel: 0117 988 5332

Email: [email protected]

Property ref

gva.co.uk/14807