DEVELOPMENT SITE FOR SALE - FREEHOLD HANDCROSS GARDEN CENTRE, LONDON ROAD, HANDCROSS RH17 6BA
APPROX 20 ACRES WITH INDUSTRIAL/WAREHOUSE PLANNING CONSENT CONSENTED SITE APPROX 6.39 ACRES PLANNING FOR 7,800 SQ M (83,960 SQ FT) B1B/B1C/B8 Best bids to be submitted by 12pm, Friday 30th June 2017
KEY FEATURES
Employment development site Located on A23 Outline planning consent approved Crawley – 7 miles Brighton – 14 miles Of interest to owner occupiers or developers
DESCRIPTION The site is currently home to Handcross Garden Centre and comprises a mix of glass houses, storage areas, covered walkways and outside storage. There is a café restaurant in a detached barn and a redundant house formerly used as a tea room. There are two separate tenants on site, Waterstream and Follow My Lead!, and both of these tenancies can be ended on 3 months notice. The proposed sale of the site comprises our client’s total ownership of approx. 20 acres. The area of the site with planning consent comprises 6.39 acres.
T: 0129 361 2600 vailwilliams.com
DEVELOPMENT SITE FOR SALE - FREEHOLD HANDCROSS GARDEN CENTRE, LONDON ROAD, HANDCROSS RH17 6BA LOCATION Handcross Garden Centre is situated on the west side of the A23 trunk road. Access to the site is from a newly formed side road from the Warninglid A23 junction providing access both north and south. Crawley is approx. 7 miles to the north, M25 (J7) 18 miles north, and Brighton 14 miles south.
For indicative purposes only. Please refer to title plan in the dataroom. Consented Site Client Ownership Boundary For exact location use postcode RH17 6BA
T: 0129 361 2600 vailwilliams.com
DEVELOPMENT SITE FOR SALE - FREEHOLD HANDCROSS GARDEN CENTRE, LONDON ROAD, HANDCROSS RH17 6BA PLANNING Planning consent has been received for the development of 7,800 sq m of Class B1(B), B1(C)/B8 use. See DM/16/4657, Mid Sussex District Council planning. The consented site totals 6.39 acres which includes a 15m protection zone at the rear from the ancient woodland.
FURTHER INFORMATION/DATA ROOM The data room provides additional documents including all those relating to the planning application and consent, site plans and various technical surveys .
OVERAGE
Access available on request by emailing Jaz on
[email protected] As part of any sale agreement the Vendor requests proposals to include an overage provision to cover any increase in value on a future site sale and also any improved planning consent received. Full details on request.
T: 0129 361 2600 vailwilliams.com
DEVELOPMENT SITE FOR SALE - FREEHOLD HANDCROSS GARDEN CENTRE, LONDON ROAD, HANDCROSS RH17 6BA TENURE The site is to be sold freehold with vacant possession, and the benefit of planning. Notice to the two tenants to break the leases will be served once a sale has been agreed.
VAT VAT will be applicable.
EPC There are 3 EPC’s for the site. Full information provided in the data room.
PRICE/REQUEST FOR OFFERS Unconditional offers are being sought for the freehold interest for the entire 20 acres. Please refer to the Bids document in the data room. Please note our clients will be seeking confirmation of an overage provision for additional planning and added value which may be achieved. Best bids are to be sent to Stephen Oliver at Vail Williams (
[email protected]) by midday 12pm Friday, 30th June 2017.
SERVICES Vail Williams LLP has not checked and does not accept responsibility for any of the services within this property and would suggest that any in-going tenant or occupier satisfies themselves in this regard.
VIEWING
Vail Williams LLP Unit 4 Peveril Court 6-8 London Road Crawley West Sussex RH10 8JE
CONTACT Stephen Oliver Tel: 07786 577323 Email:
[email protected] Sean Kaufmann Mob: 07887 558074 Email:
[email protected] Whilst staff are aware of the proposed sale we request that any site inspections are by prior appointment through the sole agents.
BUSINESS RATES We have been verbally informed that the current Rateable Value (2015) is £28,000. This includes a reduction due to visibility.
LEGAL COSTS Each party to be responsible for their own legal costs incurred in this transaction.
Misrepresentation Act 1967 – Vail Williams for themselves and for the vendors or lessors of this property, whose agents they are, give notice that: 1. The particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute nor constitute part of an offer or contract. 2. All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. 3. No person in the employment of Vail Williams has any authority to make any representation or warranty whatsoever in relation to this property. Finance Act 1989 – Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax (V.A.T.). Any intending purchasers or lessees must satisfy themselves independently as to the incidence of V.A.T. in respect of any transaction. Birmingham Camberley Crawley Guildford Heathrow London Portsmouth Southampton Thames Valley Vail Williams LLP, a Limited Liability Partnership, registered in England (number OC319702). Registered Office: 550 Thames Valley Park, Reading, Berkshire RG6 1RA. Any reference to a Partner means a Member of Vail Williams LLP or an employee or consultant with equivalent standing and qualifications. A full list of Members is open for inspection at the registered office. Regulated by RICS. Our Services: Acquisition & Disposal, Building Consultancy, Corporate Real Estate, Development Consultancy, Investment and Funding, Leasing Advisory, LPA Receivership, Planning Consultancy, Property Asset Management, Rating, Valuation
T: 0129 361 2600 vailwilliams.com