FREEHOLD SALE RESIDENTIAL DEVELOPMENT OPPORTUNITY
BLEDLOW, BUCKINGHAMSHIRE
Land on the corner of Perry Lane and the B4009
Not to scale – for illustrative purposes only
Key Highlights • Residential development opportunity in Bledlow, Buckinghamshire;
• Outline planning permission for 5 open market dwellings (no affordable);
• Site extending to a total of approximately 0.91 acres (0.37 hectares);
• Unconditional offers invited by 12 noon on 19th March 2019.
SAVILLS OXFORD Wytham Court 11 West Way, Botley Oxford OX2 0QL
01865 269000 savills.co.uk
Not to scale – for illustrative purposes only
Location The site is located in Bledlow, a village in the civil parish of Bledlowcum-Saunderton which has a population of approximately 2,500 people (information obtained from 2011 Census). The village offers a range of local amenities including; Bledlow Village Hall, Bledlow Parish Church, Bledlow Village Cricket Club and The Lions of Bledlow Public House. Bledlow village lies between Princes Risborough, approximately 2.8 miles (4.5 km) to the north east, and Chinnor, approximately 2.2 miles (3.5 km) to the south west. Other nearby settlements include Thame (6.5 miles / 10.5 km), Aylesbury (9.2 miles / 14.8 km), High Wycombe (9.9 miles / 15.9 km) and Oxford (20.7 miles / 33.3 km). The village is served by the B4009 which runs north-east to south-west and provides access to the M40 (Junction 6) approximately 5.2 miles (8.4 km) from Bledlow. The village is also approximately 2.2 miles (3.5 km) from the nearest railway station at Princes Risborough which is on the Chiltern Main Line. This provides direct services to High Wycombe, Aylesbury, Bicester and London
SAVILLS OXFORD Wytham Court 11 West Way, Botley Oxford OX2 0QL
01865 269000 savills.co.uk
Marylebone, with the shortest journey times from 9 minutes, 16 minutes, 19 minutes and 34 minutes respectively.
Site Description The site is situated on the corner of the junction between Perry Lane and the B4009. The site extends to an area of approximately 0.91 acres (0.37 hectares), currently comprising of shrub land that has been felled of trees and bushes. The site is bound along its north-east and south-west edges by small streams which run in opposite directions to each other. To the south of the site lies The Mill House which is Grade II Listed and to the west there is a terrace of residential properties. There is a public footpath within the site which lies adjacent to the southern boundary. Planning permission was granted in July 2016 for the formation of vehicular access to the land, including a crossover from the highway with the construction of concrete bridge, erection of five bar gate and piers and a gravelled parking area (Ref: 16/05974/FUL, Wycombe District). This access has now been constructed, providing a site entrance from Perry Lane.
Planning The site benefits from outline planning permission (including details of access and layout) for 5 dwellings (no affordable), granted on 13th December 2018 by Wycombe District Council (Ref: 17/07846/ OUT). The planning application is supported by an approved Site Plan, which shows a terrace of 4 properties and a single detached property. Each dwelling is provided with at least 2 parking spaces in either a carport or garage. The consent contains a number of conditions in relation to matters including, but not exclusively; approval of “reserved matters”, accordance with approved plans, water efficiency standards, foul and surface water drainage, archaeology, ecological mitigation and parking. For a full list of conditions please refer to the Decision Notice that is provided as part of the Further Information Pack. Copies of the Planning Statement, Decision Notice, Approved Plans and all other supporting documents are included within the Further Information Pack.
Community Infrastructure Levy (CIL) Wycombe District Council have an adopted CIL Charging Schedule which came into effect on 1st November 2012. CIL is payable for developments which involve the creation of new dwellings and is charged at a flat rate per square metre. The subject property falls within Charging Zone B, where, according to the Wycombe District Council website, the CIL rate for residential developments will be £216.96 per square metre (from 1st April 2019). We strongly advise that interested parties satisfy themselves on the potential CIL liability of any proposed scheme and clearly state your assumption in relation to this as part of your offer.
Legal The site is held freehold at the Land Registry under the Title Number BM259535. Copies of the Title Register and accompanying Title Plan are provided as part of the Further Information Pack.
Services Responses from the relevant utility companies in relation to mains services are contained within the Further Information Pack. Interested parties are advised to make their own enquires to the supply companies in respect to their specific requirements in terms of the ability to connect and confirmation of sufficient capacities.
Not to scale – for illustrative purposes only
Method of Sale Unconditional offers are invited from interested parties by noon on 19th March 2019. Please note that the vendor will not be obliged to accept the highest or any other offer. In order that we are able to accurately appraise all offers on a like for like basis, please provide the following information in support of you bid: • Details of your proposal for the site, including proposed site layout plan and accompanying schedule of accommodation; • Confirmation of any conditions attached to the offer, and the anticipated timescales for satisfying the conditions; • Details of any further information required or investigations to be carried out prior to exchange, including anticipated timescales for carrying out the proposed works; • Specify any assumptions made in relation to anticipated abnormal development costs and in particular the assumed CIL liability; • Specify any proposed uplift or overage provision contained within your offer; • Confirmation of your anticipated timescales for exchange and completion of contracts; • Provide details of how you propose to fund the purchase as well as confirmation that your bid has received board approval or equivalent, and if not, the process and anticipated timescales required to obtain such approval; • Specify your proposed exchange deposit and confirm that this will be nonrefundable; • Provide any other information that you feel should be taken into consideration in the assessment of your bid. For example any recent experience of delivering schemes of this nature in the vicinity or dealing with Wycombe District Council. Following the receipt of initial offers it is likely that we will meet with a small selection of developers prior to selecting a preferred party and agreeing Heads of Terms. These meetings will be held on 28th March 2019 and we request that you keep this day clear to attend a meeting with our clients and ourselves in the event that you are selected.
SAVILLS OXFORD Wytham Court 11 West Way, Botley Oxford OX2 0QL
01865 269000 savills.co.uk
Viewings
Further Information Pack
Interested parties are able to view the site from Perry Lane, however, if you would like to walk the site please contact the selling agent to arrange an appointment. Savills strongly recommend that you discuss any points which are likely to affect your interest in the opportunity.
An electronic Information Pack is available upon request which includes all available, relevant background information relating to planning, legal and technical matters.
Please note that neither the Vendors nor their agents will be responsible for any damage or loss caused to any potential purchasers, their agents or consultants while on site.
Local Authority Wycombe District Council Queen Victoria Road High Wycombe Bucks HP11 1BB
To request a copy of the Information Pack interested parties will need to contact the selling agent.
VAT The land is not registered for VAT. Details printed February 2019
Tel: 01494 461 000 Website: www.wycombe.gov.uk
Contact
Emily Gold MSc Graduate Surveyor +44 (0) 1865 269111
[email protected] Archie Bowlby BSc Graduate Surveyor +44 (0) 1865 269018
[email protected] IMPORTANT NOTICE Maps are reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd, published for the purposes of identification only and although believed to be correct accuracy is not guaranteed. Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Designed and Produced by Savills Marketing: 020 7499 8644 | February 2019