Residential Development Opportunity Edward Benefer Way King’s Lynn PE30 2HW For Sale
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 100024244 Savills (L&P) Limited.
■■ Planning permission for approximately 98 dwellings ■■ 2.43 hectares (6 acres) ■■ 15% affordable housing requirement ■■ Unconditional offers invited for the freehold
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Location The site is located to the north west of King’s Lynn town centre. The population of King’s Lynn is 41,500 and is increasing each year. It is accessed from the south by the A10, from the east by the A47 and from the west by the A17. King’s Lynn is to the north of Downham Market, Wisbech and Swaffham. Norwich is approximately 45 miles to the east and Cambridge is approximately 45 miles to the south. Mainline rail services are available for King’s Lynn to Cambridge and London King’s Cross, with approximate journey time to London of 1 hour 40 minutes. Funds have recently been allocated to improve this line, making it a quicker service and half-hourly departures.
Description The site is close to King’s Lynn Docks complex, which lies to the west of Edward Benefer Way, and the site itself is just north of King’s Lynn ‘north end urban renewal area. The site extends to approximately 2.43 hectares (6 acres). It is bounded by Edward Benefer Way to the west, the Brawsey Dyke to the east, St Nicholas Business Park and Asda to the southern boundary and the gardens of residential properties on St Edmundsbury Road to the northern boundary. The predominant land use in the area is residential, retail, and the King’s Lynn Docks complex.
Environmental/Technical The site was formerly used as part of the Esso fuel depot located on the opposite side of Edward Benefer Way. Ground investigation reports and a remediation strategy are available from the selling agent. All main services are understood to be available for connection, statutory utilities report from 2004 is available on request. Other reports available on
request: Environmental report, flood risk report, noise impact assessment, topographical survey, archaeology survey, air quality, ecology report and traffic assessment reports.
Title The land is registered under the titles of NK332795 and NK311361. NK311361 has a covenant to benefit Esso by protecting their environmental liability. There is currently a restrictive covenant indemnity policy for £5 million in the name of the owners and this will be assigned to the purchaser.
Planning The Borough Council of King’s Lynn & West Norfolk granted permission on 21 December 2012 for the replacement of an outline planning permission originally approved on appeal in July 2009, subject to a Section 106 Agreement. The permission relates to approximately 98 dwellings, with the exact number to be confirmed during the course of any subsequent reserved matters approval. The application documents are available from Savills Norwich upon request or through the Borough Council’s Planning website using reference 12/01010/EXOM. The reference for the original permission granted on appeal is 08/01182/ OM, with the appeal reference APP/ V2635/A/09/2094579.
■■ Conditions 8: The proposed access for the site shall be in accordance with that contained within the updated transport assessment. This was submitted under the earlier 2008 application and can be provided upon request; There are a number of precommencement conditions required to be discharged before development can commence. They are detailed in the planning permission and potential buyers are to make enquires with the Borough Council’s planning department. The Section 106 Agreement was renegotiated during the course of the replacement. It provides a 15% on-site affordable housing provision, of which 70% shall be social rented and 30% shared ownership. Details of the Section 106 requirements can be obtained from the King’s Lynn Planning website or the selling agent.
Viewing The site can be viewed externally from Edward Benefer Way in daylight hours. Parties that are interested in entering the site must organise this through Savills Norwich Office.
Method of Sale Unconditional offers are invited for the freehold interest in this property. VAT will be charged on the purchase price.
The replacement permission is subject to a number of conditions. Of note are: ■■ Condition 3: Reserved matters have to be submitted to the Local Planning Authority within two years of the decision date, ie. 21 December 2014; ■■ Condition 4: Development must commence within one year of the last reserved matters approval;
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 100024244 Savills (L&P) Limited.
Important Notice 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, images 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 Norwich Hardwick House, Agricultural Hall Plain Norwich, NR1 3FS
[email protected] +44 (0) 1603 229 229
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Alan Cole +44 (0) 1603 229 251
[email protected] Arthur Morgan +44 (0) 1603 229 259
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