RESIDENTIAL DEVELOPMENT SITE
For Sale by Private Treaty
Land off High House Farm, Stapleford Road, Stapleford Abbotts, Essex
CONTENTS
1.
INTRODUCTION
2.
ACCESS
3.
PLANNING
4.
TECHNICAL
5.
TENURE / VACANT POSSESSION
6.
RIGHTS – COVERNANTS, AGREEMENTS & DECLARATIONS
7.
WEBSITE
8.
VIEWINGS
9.
BIDS
10.
VAT
11.
IMPORTANT NOTICE
12.
FURTHER IMFORMATION
APPENDICES APPENDIX 1 - Information Pack Index
1.
INTRODUCTION On behalf of the landowner, Savills (UK) Ltd (“Savills”) is pleased to offer for sale land off High House Farm, Stapleford Road, Stapleford Abbotts, - a sought after private residential estate site accommodating 8 units totalling 31,211 sq ft. Creating a rare build opportunity.
The site extends to approximately 4.1 ha (10.2 acres) and benefits from a revised planning permission for 8 dwellings dated October 2014. The site is situated to the north west of Stapleford Abbotts on the former footprint of High House Farm. Stapleford Road is situated to the east providing easy access to the M25 to the north. Agricultural land surrounds the remainder of the site to the north, west and south. A plan of the sale area is provided within the information pack Appendix 1.
Stapleford Abbotts is a village and civil parish in the Epping Forest district of Essex. It is located approximately 9 km (6 miles) SW of Ongar and 7 km (4.5 miles) north of Romford and is situated entirely within the M25 motorway. With views across unspoilt countryside to Docklands. Canary Wharf is approximately 15 miles distant.
Preference will be given to clean unconditional bids and to parties who can very clearly demonstrate they have undertaken full analysis of the site and understood all of the obligations to be placed upon them.
The full Information Pack can be found at www.savills.com/highhousefarm and an index is provided at Appendix 1.
2. ACCESS
3.
Access is granted via a single private Road off Stapleford Road.
PLANNING
POLICY
The Property comes under the planning jurisdiction of Epping Forest District Council. Planning control policies are set out within the Epping Forest District Council Local Plan alterations adopted in 2006.
DEVELOPMENT CONTROL
The following planning history is relevant to this sale:
App
Ref.
Received
EPF/0604/14
07-04-2014
Description
Redevelopment to erect a total of eight dwellings, inclusive of a replacement farmhouse, a parish room, plus an associated access, provision of garaging and car parking (Amendment to an extant planning permission reference EPF/1374/06)
Decision
Grant Permission (With Conditions) Subject to Legal Agreement
A copy of the planning application decision notice and the S106 Agreement Heads of Terms can be found in the Information Pack in Appendix 1.
SECTION 106 AGREEMENT
The landowner requires the purchaser to be responsible for all of the Section 106 obligations.
The following Section 106 Planning Obligations have been proposed:
Affordable housing contribution of £100,000.
Construction of two new footpaths.
Improvements to present footpaths.
Construction and lease of a parish room and parish room land to the Council or it’s nominee.
Lease of the village green land to the Council or its nominee (if required).
PLANNING CONDITIONS
Planning conditions set can be found within the planning application decision notice. A copy of this is provided within the information pack Appendix 1.
4. TECHNICAL
A number of technical surveys and plans have been produced as part of the detailed planning permission application. These are available in the Information Pack and listed in Appendix 1.
DRAINAGE AND FLOOD RISK
Environmental Protection Strategies Ltd produced a Flood Risk & Drainage Assessment (2009) which concluded; The EA flood map of the area currently shows that the site lies within flood zone 1 which has a low risk of flooding (less than 0.1% per annum, flood return period of 1 in 1,000 years). The site is not considered to be at significant risk (up to a 1 in 1000 year event) of flooding from fluvial or other sources identified and examined during this assessment.
A copy of this report can be found in the information pack.
ENVIRONMENTAL REPORT
Herts & Essex Site Investigations produced an Environmental Report (Octobr 2013) which concluded; ZONE 1 – The Village Hall Development No risk in place and can be developed in a conventional manner. ZONE 2 – The Residential Development to the Front of the site Contains an isolated fuel risk from an above ground fuel tank. No other risks are in place and as such, if remediation of this area takes place, the site could be developed in a conventional manner. Zone 3 SOUTH – The former farm and commercial working site, the main Residential Site development to the Rear of the site Contains widespread contamination in place. Remediation is required across the area where pathways to receptors are identified. Zone 3 NORTH – The main in filled section of former farm and commercial working site The main residential section site shows no risk in place within the northern section, (to the Rear of the site). ZONE 4 – Lagoon Area – North West of the Site The in filled section associated with the former Lagoons to the rear of the site show contamination and may require remediation. Other than this area, limited risk is recorded in place. ZONE 4 – External Area of the site
Limited risk is recorded in place.
A copy of this report can be found in the information pack. REMEDIATION STRATEGY
On instructions from Herts & Essex Site Investigations Environmental Report, a remediation assessment and subsequent bill of quantity was produced by Cognition Land and Water. The report concluded an approximate costs of up to £200,000. A copy of this report can be found in the information pack.
ECOLOGICAL REPORT
Susan Deacon Ecology produced an Ecological report and Reptile Survey (Spring 2009). A copy of these reports can be found in the information pack.
5. TENURE / VACANT POSSESSION
Our client owns the freehold of the entire site. This sale comprises a freehold sale with vacant possession. 6. RIGHTS – COVENANTS, AGREEMENTS & DECLARATIONS
The land will be sold subject to and with the benefit of all rights, covenants and agreements and declarations affecting the property. Any further development or intensification over and above the current planning consent EPF/0604/14, will require an overage payment of 50% on the uplift of sq ft.
7. WEBSITE
Further information can be found at www.savills.com/highhousefarm
8. VIEWINGS
We encourage potential purchasers to inspect the property and viewings can be booked with a Savills representative. We would stress that care should be taken on the site and that the Savills/the vendor accept no responsibility for injury or accident at the property. Viewers visit the property at their own risk. We are more than happy to accompany viewings and discuss the opportunity in more detail.
9. BIDS
Savills (UK) Ltd are instructed to place the Property on the market with a view to selling the entire site at the best consideration on a purely unconditional basis. We are selling the property by private treaty. It is likely that we will proceed to a fixed bid date at a later stage.
Written offers are to be received and sent in a sealed envelope to Savills (UK) Limited, Unex House, 132-134 Hills Road, Cambridge, CB2 8PA. The envelope should be marked ‘‘High House Farm, Stapleford Abbotts - RJ”.
E-mail offers will be acceptable.
The vendor will not be bound to accept the highest or indeed any offer and may withdraw the property from the market at any time.
As part of the Heads of Terms process, a series of legal meetings to ensure the timetable is achieved will be agreed.
Bid Submission(s)
The following is to be submitted as part of any bid:
Confirmation that the Contract will be purely unconditional.
Confirmation that all relevant planning, S106 have been taken into account.
Proof of funding.
Outline of board approval process, i.e. regional & national (and timescales for achieving such approvals).
Details of solicitors to be instructed.
Details of the anticipated purchase timetable.
Confirmation that a 10% non-refundable deposit will be paid on exchange of contracts.
As part of the Heads of Terms process, we will set out a detailed timescale for exchange and completion. This will include a series of legal meetings to ensure the timetable is achieved.
10. IMPORTANT NOTICE
Savills and the vendors give notice that (i) these particulars are produced in good faith and are set out as a general guide only and do not constitute any part of an offer or contract. They are believed to be correct but any intended purchaser should not rely on them as statements or representations of fact but must satisfy themselves as to the correctness of each of them; and (ii) no person in the employment of the agents, or the vendors has authority to make or give any representation or warranty whatever in relation to this property, (iii) intending purchaser seeking to rely on any survey, report assessment or statement produced for the vendors by any third party must make their own arrangements with the relevant third party. Please be aware that all plans are subject to the purchaser’s surveys and due diligence.
11. FURTHER INFORMATION
The full information pack can be found at www.savills.com/highhousefarm
Please ensure that in the first instance all enquiries are made to one of the individuals dealing with the sale:
Richard Janes
Savills (UK) Ltd
01223 347 097
Unex House
[email protected] 132 - 134 Hills Road Cambridge CB2 8PA
Will Almond 01223 347122
[email protected] APPENDIX 1 INFORMATION PACK
PLANNING
Street Scene (October 2014)
Application Decision Notice (October 2014)
Location Plan (October 2014)
Site Layout (October 2014)
Plot 1 Floor Plans & Elevations (October 2014)
Plot 2 Floor Plans & Elevations (October 2014)
Plot 3 Floor Plans & Elevations (October 2014)
Plot 4 Floor Plans & Elevations (October 2014)
Plot 5 Floor Plans & Elevations (October 2014)
Plot 6 Floor Plans & Elevations (October 2014)
Plot 7 Floor Plans & Elevations (October 2014)
Plot 8 Floor Plans & Elevations (October 2014)
Parish Room Floor Plans & Elevations (October 2014)
TECHNICAL
Section 106 Agreement (October 2014)
Topographical Survey I (November 2007)
Topographical Survey II (November 2007)
Phase II Environmental Report (September 2013)
Remediation Bill of Quantity (n.d.)
Ecological Appraisal (November 2009)
Reptile Report (July 2009)
Flood Risk & Drainage Assessment (December 2009)