Residential Development Opportunity - Property Search - Savills

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Residential Development Opportunity

Land at Colston Lane, Harby, Leicestershire LE14 4BE

 Freehold For Sale  Circa 3.18 hectares (7.9 acres) development land

former cheese factory, Colston Lane, Harby, Leics bird’s eye view west: dwg No. 008_062015/001

 Outline Planning Permission for 53 residential dwellings and future opportunity for a further 25 dwellings  Commuting distance from Melton, Nottingham and Leicester  Situated in Harby, a desirable Leicestershire village  Located in the picturesque Vale of Belvoir Savills Nottingham Enfield Chambers 18 Low Pavement Nottingham NG1 7DG

+44 (0)115 934 8055 savills.co.uk

Illustrative Layout Plan

Location

Description

Harby is a well connected village located beside the Grantham Canal, in the Vale of Belvoir. The village lies within Melton District in Leicestershire.

The Property comprises a vacant part brownfield (Parcel A) part greenfield (Parcel B) site located at the western end of the village. The Property fronts Colston Lane which runs the length of its south western boundary and provides access to the village centre out towards the A46.

Harby’s facilities and amenities are commensurate with its size, comprising a pub, a church and an Ofsted ‘Outstanding’ primary school. The villages bus services provide direct connections to the surrounding conurbations of Bottesford, Bingham and Melton Mowbray. The Harby Country Show is hosted annually and the ‘Belvoir Challenge’ also starts and ends in the village. Harby is well serviced by the surrounding road networks with access south to Melton Mowbray (approximately 9 miles), west to Nottingham (approximately 15 miles), north to Newark (approximately 19 miles) and south west to Leicester (approximately 25 miles). The village is also situated 6 miles east of the A46, providing easy access to the M1 motorway, and 12 miles west of the A1. The nearest postcode for the site is LE14 4BE.

The Property is bound by open agricultural land to the north, Colston Lane to the south, the Grantham Canal to the western boundary and agricultural land to the east. The Property is broadly rectangular in shape, with the brownfield element broadly flat and the Greenfield element sloping down towards the canal. The brownfield element currently comprises a derelict former cheese factory ‘Millway Foods’, partly demolished and fire damaged. The majority of the perimeter of the property is bound by mature trees. There is an existing vehicular access via Colston Lane situated at the southern corner of the Property’s boundary. We calculate the site has a gross area of approximately 3.18 hectares (7.9 acres), of which the brownfield element is approximately 1.94 hectares (4.8 acres).

NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.

Town Planning Outline planning permission (Ref: 15/00673/OUT) was granted at appeal (ref: APP/Y2430/W/16/3154683) on 13 January 2017 for the erection upto 53 dwellings on the site of the former Millway Foods factory (Parcel A). This is subject to planning conditions and a signed Section 106 Agreement, dated 8 December 2016. The Section 106 has the following requirements which are subject to indexation:

Details of the application can be obtained from Melton Borough Council Website or upon request; http://publicaccess.melton.gov.uk/online-applications/ applicationDetails.do?activeTab=summary&keyVal=NTOIYKKO0 0G00 The remaining Greenfield area (Parcel B) of approximately 1.24 hectares (3 acres) is subject to an outline planning application to be submitted shortly by the Vendor to increase the total unit number to 78 dwellings.

Affordable onsite provision at 36%

19 dwellings

Bus Information Display Contribution

£240

Bus Pass Contribution

£700 per dwelling

Bus Stop Improvement Contribution

£6,526

Parcel B Condition

Off site Public Open Space Contribution

£14,564.91

Police Authority Contribution

£19,931

Primary Education Contribution

£32,909.31

Parcel B is due to have a planning application. The vendor accepts that offers can be received on this parcel subject to the approval of this outline planning application.

Travel Pack Contribution

£52.84 per dwelling

Village Hall Contribution

£79,812.50

Monitoring

£300 per contribution or 2% (whichever is highest)

Further information is detailed in an information pack available from Savills.

Guide Price Upon Application.

VAT We are advised that VAT will not be applicable to the sale price however this is subject to confirmation by the Seller’s solicitor.

Services We understand that mains water, electricity and drainage are available in the vicinity. Prospective purchasers should satisfy their own enquiries to the relevant Authority as to the suitability, capacity, connectivity and exact location of services.

Tenure The site is offered Freehold with Vacant Possession.

Legal Costs Each party are to bear their own legal costs in connection with this transaction.

Viewings The site can be viewed from the public highway. On-site visits are strictly by prior appointment with Savills. Please note that Savills do not take any responsibility for any loss or injury caused whilst carrying out a site visit.

NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.

For further information please contact: Ollie Barnes +44 (0) 115 934 8051 [email protected]

Ann Taylor +44 (0) 115 934 8174 [email protected]

Victor Ktori +44 (0) 115 934 8171 [email protected]

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, 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. Designed and Produced by Savills Marketing: 020 7499 8644 | August 2017