Residential Development Opportunity Woodcote - Realla
Residential Development Opportunity Woodcote Land at Former Reservoir Greenmore, Woodcote Freehold For Sale
Not to scale
■■ Residential development opportunity in Woodcote, South Oxfordshire; ■■ Detailed planning consent for 20 dwellings; ■■ Total Site area approximately 0.45 hectares (1.12 acres); ■■ Offers are invited by noon on Friday 15th September 2017.
savills.co.uk
Location The subject site is found on the southern fringe of the village of Woodcote, Oxfordshire. The population of Woodcote is circa 2,604 (2011 Census). Local amenities found in the village include a grocery shop, a pre-school, primary school and secondary school, a library, a church, two pubs, a restaurant and a medical practice. Woodcote lies circa 8.6 miles (13.84 km) to the north west of Reading and circa 18.5 miles (29.8 km) to the south east of Oxford. The town of Henley-on-Thames lies circa 10.3 miles (16.58 km) to the east of Woocote, providing a wider range of amenities and retail offering.
Proposed Site Plan - Not to scale
Nearest major roads include the A4074 which runs in a north-south direction between Reading and Oxford. The M4 can be joined at junction 12 which lies circa 9 miles (14.5 km) to the south of Woodcote. Nearest rail connections are found at Pangbourne, circa 4.2 miles (6.76 km) to the south of Woodcote, where regular services to Reading and London are provided with fastest journey times of 10 minutes and 51 minutes respectively (note: the 51 minute journey time to London includes a change at Reading station).
Site Description The subject site extends to circa 0.45 hectares (1.12 acres) and comprises a brownfield site with extensive hardstanding and an existing building, the former Pump
House. The site has direct access onto Greenmore; the road which runs along the east of Woodcote village. The Property is bounded by a private road to the east, an old reservoir and large communications mast which overlooks the Property to the south, a track leading to the reservoir to the west, beyond which is woodland. Greenmore runs along the north western boundary of the site in a north east / south west direction; opposite the Property are private residential dwellings.
Planning Detailed planning permission was achieved on the 3rd May 2017 for the erection of 20 new dwellings, of which 8 affordable, and the formation of a new access, driveway and parking (Application no: P15/S2685/FUL).
The schedule of accommodation and unit areas for the proposed scheme, as provided by the architect, are as follows: OPEN MARKET Type
Quantity
Area (sq ft)
Total Area
432-4 bed
1
1811
1,811
432-3 bed
1
1,307
1,307
432-2 bed
1
756
756
3BD-3 bed
2
632
1,265
3223-3 bed
2
904
1,808
3BLD-3 bed
1
904
904
1BF- 1 bed (GF)
1
524
524
1BF- 1 bed (FF)
2
562
1,125
32211-3 bed
1
1,137
1,137
Total
12
■■ Confirmation of any conditions attached to the offer, and the anticipated timescales for satisfying the conditions;
10,636
Type
Quantity
Area (sq ft)
Total Area
3223-2 bed
2
756
1,513
3BLD-3 bed
1
904
904
1
524
524
32211-2 bed
2
756
1,513
32211-1 bed
2
461
921
Total
8
5,375
Total
20
16,012
A Community Infrastructure Levy Charging Schedule has been adopted by South Oxfordshire District with a contribution requirement of £150 per square metre. The proposed open market accommodation extends to a total of approximately 10,636 sq ft, which equates to an indicative total CIL cost of circa £148,221. A CIL liability notice is available with the information pack stating the amount due for total accommodation. Interested parties must satisfy themselves of the final CIL liability. Copies of the Design and Access statement, layout, plans and elevations and supporting documents are included within the information pack.
Agent’s Note There are conditions attached to the Planning Consent including: Condition 10: The development hereby permitted shall not be commenced (including any ground works or site clearance) until details of a scheme to eradicate Japanese Knotweed has been submitted to and approved in writing.
Offers are invited from interested parties by 15th September 2017 with meetings with prospective purchasers taking place on Friday 22nd September if selected for the shortlist. Please note that the Vendor will not be obligated 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 your bid:
AFFORDABLE
1BF- 1 bed (GF)
Method of Sale
■■ Details of any further information required or investigations to be carried out prior to exchange including anticipated timescales for carrying out proposed works; ■■ Specify any assumptions made in relation to anticipated abnormal development costs; ■■ Confirmation of your anticipated timescales for exchange and completion of contracts;
Please contact the Agent for further details relating to this condition. A full list of conditions is provided in the Decision Notice, available with the Information Pack.
Legal The site is owned freehold by the vendor under registered title ON289726. Copies of the relevant title extract are provided as part of the information pack. The purchaser should consider the title information and take advice from a legal professional.
Services The site is part of the former Woodcote Reservoir and comprises existing pump house. Interested parties must satisfy themselves of the presence and capacity of services and utilities.
■■ Provide details of how you propose to fund the purchase as well as confirmation that your bid had 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 non refundable; ■■ 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 in dealing with South Oxfordshire District Council.
Information Pack An electronic information pack is available upon request which includes all planning documentation, the title and service information.
Viewings
VAT
Interested parties are able to view the site from Greenmore and are invited to contact the agents to discuss any particular points which are likely to affect their interest.
VAT is not chargeable.
Indicative illustration
Local Authority South Oxfordshire District Council 135 Eastern Avenue Milton Park Milton OX14 4SB http://www.southoxon.gov.uk/ Details prepared July 2017
Not to scale
NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100022432 Savills (UK) Limited.
Important Notice Savills, their clients and any joint agents give notice that: 1. They have no authority to make or give any representations or warranties in relation to the property. 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.
Savills Oxford Wytham Court 11 West Way Botley, Oxford OX2 0QL
savills.co.uk
Matthew Davis MRICS +44 (0) 1865 269 000 [email protected]
Kate Wilkinson +44 (0) 1865 269 000 [email protected]
Not to scale
■■ Residential development opportunity in Woodcote, South Oxfordshire; ■■ Detailed planning consent for 20 dwellings; ■■ Total Site area approximately 0.45 hectares (1.12 acres); ■■ Offers are invited by noon on Friday 15th September 2017.
savills.co.uk
Location The subject site is found on the southern fringe of the village of Woodcote, Oxfordshire. The population of Woodcote is circa 2,604 (2011 Census). Local amenities found in the village include a grocery shop, a pre-school, primary school and secondary school, a library, a church, two pubs, a restaurant and a medical practice. Woodcote lies circa 8.6 miles (13.84 km) to the north west of Reading and circa 18.5 miles (29.8 km) to the south east of Oxford. The town of Henley-on-Thames lies circa 10.3 miles (16.58 km) to the east of Woocote, providing a wider range of amenities and retail offering.
Proposed Site Plan - Not to scale
Nearest major roads include the A4074 which runs in a north-south direction between Reading and Oxford. The M4 can be joined at junction 12 which lies circa 9 miles (14.5 km) to the south of Woodcote. Nearest rail connections are found at Pangbourne, circa 4.2 miles (6.76 km) to the south of Woodcote, where regular services to Reading and London are provided with fastest journey times of 10 minutes and 51 minutes respectively (note: the 51 minute journey time to London includes a change at Reading station).
Site Description The subject site extends to circa 0.45 hectares (1.12 acres) and comprises a brownfield site with extensive hardstanding and an existing building, the former Pump
House. The site has direct access onto Greenmore; the road which runs along the east of Woodcote village. The Property is bounded by a private road to the east, an old reservoir and large communications mast which overlooks the Property to the south, a track leading to the reservoir to the west, beyond which is woodland. Greenmore runs along the north western boundary of the site in a north east / south west direction; opposite the Property are private residential dwellings.
Planning Detailed planning permission was achieved on the 3rd May 2017 for the erection of 20 new dwellings, of which 8 affordable, and the formation of a new access, driveway and parking (Application no: P15/S2685/FUL).
The schedule of accommodation and unit areas for the proposed scheme, as provided by the architect, are as follows: OPEN MARKET Type
Quantity
Area (sq ft)
Total Area
432-4 bed
1
1811
1,811
432-3 bed
1
1,307
1,307
432-2 bed
1
756
756
3BD-3 bed
2
632
1,265
3223-3 bed
2
904
1,808
3BLD-3 bed
1
904
904
1BF- 1 bed (GF)
1
524
524
1BF- 1 bed (FF)
2
562
1,125
32211-3 bed
1
1,137
1,137
Total
12
■■ Confirmation of any conditions attached to the offer, and the anticipated timescales for satisfying the conditions;
10,636
Type
Quantity
Area (sq ft)
Total Area
3223-2 bed
2
756
1,513
3BLD-3 bed
1
904
904
1
524
524
32211-2 bed
2
756
1,513
32211-1 bed
2
461
921
Total
8
5,375
Total
20
16,012
A Community Infrastructure Levy Charging Schedule has been adopted by South Oxfordshire District with a contribution requirement of £150 per square metre. The proposed open market accommodation extends to a total of approximately 10,636 sq ft, which equates to an indicative total CIL cost of circa £148,221. A CIL liability notice is available with the information pack stating the amount due for total accommodation. Interested parties must satisfy themselves of the final CIL liability. Copies of the Design and Access statement, layout, plans and elevations and supporting documents are included within the information pack.
Agent’s Note There are conditions attached to the Planning Consent including: Condition 10: The development hereby permitted shall not be commenced (including any ground works or site clearance) until details of a scheme to eradicate Japanese Knotweed has been submitted to and approved in writing.
Offers are invited from interested parties by 15th September 2017 with meetings with prospective purchasers taking place on Friday 22nd September if selected for the shortlist. Please note that the Vendor will not be obligated 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 your bid:
AFFORDABLE
1BF- 1 bed (GF)
Method of Sale
■■ Details of any further information required or investigations to be carried out prior to exchange including anticipated timescales for carrying out proposed works; ■■ Specify any assumptions made in relation to anticipated abnormal development costs; ■■ Confirmation of your anticipated timescales for exchange and completion of contracts;
Please contact the Agent for further details relating to this condition. A full list of conditions is provided in the Decision Notice, available with the Information Pack.
Legal The site is owned freehold by the vendor under registered title ON289726. Copies of the relevant title extract are provided as part of the information pack. The purchaser should consider the title information and take advice from a legal professional.
Services The site is part of the former Woodcote Reservoir and comprises existing pump house. Interested parties must satisfy themselves of the presence and capacity of services and utilities.
■■ Provide details of how you propose to fund the purchase as well as confirmation that your bid had 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 non refundable; ■■ 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 in dealing with South Oxfordshire District Council.
Information Pack An electronic information pack is available upon request which includes all planning documentation, the title and service information.
Viewings
VAT
Interested parties are able to view the site from Greenmore and are invited to contact the agents to discuss any particular points which are likely to affect their interest.
VAT is not chargeable.
Indicative illustration
Local Authority South Oxfordshire District Council 135 Eastern Avenue Milton Park Milton OX14 4SB http://www.southoxon.gov.uk/ Details prepared July 2017
Not to scale
NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100022432 Savills (UK) Limited.
Important Notice Savills, their clients and any joint agents give notice that: 1. They have no authority to make or give any representations or warranties in relation to the property. 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.
Savills Oxford Wytham Court 11 West Way Botley, Oxford OX2 0QL
savills.co.uk
Matthew Davis MRICS +44 (0) 1865 269 000 [email protected]
Kate Wilkinson +44 (0) 1865 269 000 [email protected]
