01476 514433
[email protected] [email protected] Residential Development Land, with the Benefit of a Detailed Planning Consent off Cromford Road, Aldercar, NG16 4HB
GUIDE PRICE £1,500,000 FOR SALE •
Residential development land with the benefit of a Detailed Planning Consent for 59 market houses
•
No on-site affordable dwellings. Off-site contribution obligation as set out in the Section 106 Agreement.
•
The site is ready for development subject to house type substitution, subject to planning.
LOCATION The consented site, is located to the north of the conurbation of Aldercar, and south of the A610 bypass. The site borders Cromford Road and Aldercar Lane. Aldercar lies between the conurbations of Eastwood and Ripley. The A610 adjoins the A38 to the north-west and the M1 at Junction 26 to the south-east. DESCRIPTION The site is green field and extends to approximately 6.9 acres. The site accessed off Cromford Road slopes away gently to its northern boundary and borders an unadopted road known as Aldercar Lane, being the northern boundary of the conurbation of Aldercar north of Langley Mill.
EASEMENTS, WAYLEAVES AND RIGHTS OF WAY The land is sold subject to, and with the benefit of, all existing obligations and rights, including rights of way, whether public or private, light, support, drainage, water, electricity supplies and other obligations, easements, quasieasements and all wayleaves, whether referred to or not in these Particulars. VAT The guide price quoted within these particulars is exclusive of VAT. However, the vendor reserves the right to charge VAT although it is understood that currently it is intended that the site will be sold without VAT. DOCUMENTATION The documentation to support the current Planning Application can be provided via the Sole Selling Agents and is available via disc. The following information is included within it.
The site benefits from a Detailed Planning Consent for 59 market dwellings, which was achieved via the developers, William Davis, under Application No: AVA/2013/0481 which was granted on 19 May 2015. The key conditions of the Planning Consent are as follows:
a)
Copy of the Planning Permission and Viability Appraisal
a)
b)
Location Plan
c)
Site Layout Plan
d)
Copy of the Section 106 Agreement
e)
Ecological Appraisal
f)
Combined Phase I Desk Study and Phase II Exploratory Investigation
g)
Noise Impact Assessment
h)
Design and Access Statement
i)
Flood Risk Assessment
j)
Transport Assessment
k)
Planning Support Statement
l)
Provisional Floor Level Plan
m)
Coal Ming Risk Assessment
n)
Plans showing House Types and Site Sections
b)
c)
Before development can commence a pedestrian crossing must be provided under a Section 278 Agreement. Before operations commence a temporary access for construction purposes should be formed onto Cromford Road. All premises on site should be protected from road traffic noise as identified under a Noise Impact Assessment Report previously provided. Noise mitigation measures will be implemented to protect dwellings as defined by the Report.
SECTION 106 AGREEMENT Affordable Housing Contribution A sum constituting profit made by the developer in respect of the development in excess of 20% as calculated using methodology and assumptions as set out in a previously accepted and submitted Viability Appraisal, which included the costings and provisions of 30% of the units being affordable. Education Contribution An Education Contribution based on £11,399.01 per additional primary school place. Off Site Open Space Contribution An Off-site Open Space Contribution calculated at £1,729.20 per market dwelling. SURFACE WATER AND BALANCING AREA The surface water and balancing area is off-site and in third party ownership. A plan showing this area is set out within the particulars of sale. This area is included as part of this sale although two contracts will be needed to complete the purchase from two separate owners and an apportionment of the agreed purchase price will be allocated to the two areas. METHOD OF SALE The property is offered for sale by Private Treaty with the benefit of vacant possession on completion. The vendor will consider unconditional offers or offers subject to replacement dwellings only.
The reports are owned by William Davis. They are available for purchase by the successful purchaser for £100,000. GUIDE PRICE We are instructed to invite offers for the freehold interest in the property at a guide price of £1,500,000. NOTES Please note that the field may, on viewing, contain livestock. To that end, please view the property from the boundary or, should you need to walk the land, arrange this in advance with the Sole Selling Agent. VIEWING AND FURTHER INFORMATION To make arrangements to view the property or to receive further supporting documentation please contact the Sole Selling Agents: Brown & Co Tel: 01476 514433 Fax: 01476 594242 Email:
[email protected]@brown-co.com or
[email protected]@brown-co.com Contact: Nick Dawes or Nathan Roe
IMPORTANT NOTICES Brown & Co for themselves and for the Vendors or Lessors of this Property give notice that: 1. These particulars are intended to give a fair and accurate general outline only for the guidance of intending Purchasers or Lessees and they do not constitute an offer or contract or any part of an offer or contract. 2. All descriptions, dimensions, references to condition and other items in these Particulars are given as a guide only and no responsibility is assumed by Brown & Co for the accuracy of individual items. Intending Purchasers or Lessees should not rely on them as statements or representations of fact and should satisfy themselves as to the correctness of each item by inspection or by making independent enquiries. In particular, dimensions of land, rooms or buildings should be checked. Metric/imperial conversions are approximate only. 3. Intending Purchasers or Lessees should make their own independent enquiries regarding use or past use of the property, necessary permissions for use and occupation, potential uses and any others matters affecting the property prior to purchase. 4. Brown & Co, and any person in its employ, does not have the authority, whether in these Particulars, during negotiations or otherwise, to make or give any representation or warranty in relation to this property. No responsibility is taken by Brown & Co for any error, omission of mis-statement in these particulars. 5. No responsibility can be accepted for any costs or expenses incurred by intending Purchasers or Lessees in inspecting the property, making further enquiries or submitting offers for the Property. 6. All prices are quoted subject to contract and exclusive of VAT, except where otherwise stated. 7. In the case of agricultural property, intending purchasers should make their own independent enquiries with the RPA as to Single Payment Scheme eligibility of any land being sold or leased. 8. Brown & Co is the trading name of Brown & Co – Property and Business Consultants LLP. Registered Office: Granta Hall, Finkin Street, Grantham, Lincolnshire NG31 6QZ. Registered in England and Wales. Registration Number OC302092. These particulars were produced in March 2015.
Granta Hall, Finkin Street, Grantham, NG31 6QZ Telephone 01476 514450
[email protected] Printed by Ravensworth 01670 713330