Updated Bagleys Spring Particulars - Extended ... - Property Pilot
BNP Paribas Real Estate 5 Aldermanbury Square London EC2V 7BP
On behalf of:
Freehold Development Opportunity For Sale Land at Bagleys Spring, Chadwell Heath, RM6 Outstanding Residential Development Opportunity (Subject to Planning) Site area – 1.00 hectares (2.5 acres)
April 2014
BNP Paribas Real Estate Head office, 5 Aldermanbury Square, London EC2V 7BP Tel: +44 (0) 207 338 4000 Fax: +44 (0)20 7430 2528
Background We are delighted to offer the freehold interest in Land at Bagleys Spring, Chadwell Heath, for sale on behalf of the London Borough of Barking and Dagenham. The Property is located in a popular residential location and has potential for residential redevelopment (subject to planning). Chadwell Heath is a well-connected location which will benefit from Crossrail from 2018 onwards. Location The site is located in Chadwell Heath in the London Borough of Barking and Dagenham. Central London is located approximately 21 kilometres (13 miles) to the southwest, Romford is located 3.2 kilometres (2 miles) to the east, Dagenham is located 4.1 kilometres (2.6 miles) to the south, and Brentwood is approximately 14.5 kilometres (9 miles) to the northeast. The A12 runs west to east approximately 0.8 kilometres (0.5 miles) to the south of the site and provides access to the M25 at Junction 28. The Property is situated on the north side of Bagleys Spring, located on the western side of Whalebone Road North (A1112), which runs north to south, leading to the A12 and to the centre of Chadwell Heath. To the south and the west of the site the land use is predominately residential, while to the north there is a cemetery. To the east of the site, on the eastern side of Whalebone Lane North, there is a quarry which is set back from the road. Chadwell Heath train station is located 2.7 kilometres (1.7 miles) to the south west of the site, which provides services into the City of London (London Liverpool Street) via a direct service in 25 minutes.
Source: Promap Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither BNP Paribas Real Estate Advisory & Property Management UK Limited nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 2013: Unless otherwise stated all prices and rents are quote exclusive of VAT. The Business Protection from Misleading Marketing Regulations 2008: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. April 2015.
Description The Property extends to approximately 1.00 hectares (2.5 acres) and is irregular in shape. The cleared site is currently utilised as grazing land and will be sold with vacant possession. There is one point of access on south corner of the western boundary, reached via Thatches Grove, which connects to Whalebone Lane via Rose Lane. We understand that Thatches Grove is an adopted highway. The land to the west of the Property has been allocated for allotments. We understand this land has a blanket TPO across it. Planning The Property falls within the jurisdiction of the London Borough of Barking and Dagenham. Planning policy for the borough is contained within The Barking and Dagenham Local Plan 2010 – 2025 (formally the LDF) and consists of a series of Development Plan Documents (DPDs). This is a set of documents which informs planning decisions in the borough, including the Core Strategy and Development Management Document. The site is not allocated within the Local Plan. Therefore the site is considered ‘white land’ where the first preference is for housing. The site has a PTAL rating of 2 in a suburban location where the London Plan recommends that densities of 35 – 65 units per hectare would be appropriate. In addition a car parking ratio of 1:1 per new home should be provided. Given the character of the surrounding area it is considered that two or three storey housing would be most appropriate within this location. Of these units at least 40% would need to be family sized, i.e. three bedrooms or more. It must be noted that the cemetery directly adjacent to the north of the site is designated green belt and special consideration should be given to the boundary treatment with this site. Notably the heights and density of development to the north and east of the site should be lower to reflect this. According to the Environment Agency Flood Map the site is not within a flood zone. There are no Tree Protection Orders located on site. It should be noted that the Council will seek to protect the existing hedgerows located to the eastern boundary of the site. A Planning Guidance Note has been prepared by LB Barking and Dagenham’s planning team and is included with the information pack on request.
Title The site edged red on the attached Ordnance Survey plan is being offered for sale freehold. The Property is held under title number EGL394857 by the London Borough of Barking and Dagenham. Further title information and lease details are included within the Information Pack. Services Prospective purchasers should confirm the availability of services for their own proposals via the appropriate statutory undertaker.
Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither BNP Paribas Real Estate Advisory & Property Management UK Limited nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 2013: Unless otherwise stated all prices and rents are quote exclusive of VAT. The Business Protection from Misleading Marketing Regulations 2008: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. April 2015.
Method of Sale Offers are invited for the freehold interest in the property. Offers are invited on an unconditional or subject to planning basis. Offers must be submitted in a plain envelope marked Bagleys Spring Tender – June 2015 only and addressed to: Christopher Bull Senior Estates Surveyor, London Borough of Barking & Dagenham Room 206 Town Hall 1 Town Square Barking Essex IG11 7LU Offers are to be received in hard copy format by no later than 12 noon, Friday 12 June 2015. Prospective purchasers are required when submitting offers to provide the following information: The name of your solicitors; Full evidence of your financial ability to complete the purchase; Details of any conditions attached to your offer and the timescales to discharge them; Confirm that you have read and taken into account the contents of the Information Pack; Include sales revenue overage, sell-on overage and planning clawback proposals within your offer. Where an offer is made by an agent it must be accompanied by a letter from their principal outlining and confirming the basis of the offer made. The vendor does not undertake to accept the highest or any offer submitted. Further Information An Information Pack is available on request via the dedicated Property website and contains the following information: 1. 2. 3. 4. 5. 6.
Legal and Title Information Planning Guidance Note Schedule of Photographs Geotechnical Report Topographical Report Bid Form
Contact Details The Property can be viewed externally from Whalebone Lane North. Accompanied site viewings will be conducted by the vendor’s sole agents, BNP Paribas Real Estate on selected dates.
For further information please contact: Emma Bouch +44 (0)20 7338 4300 [email protected]
Kimberley McGowan +44 (0)20 7338 4468 [email protected]
Julian Gaynor +44 (0)20 7338 4162 [email protected]
Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither BNP Paribas Real Estate Advisory & Property Management UK Limited nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 2013: Unless otherwise stated all prices and rents are quote exclusive of VAT. The Business Protection from Misleading Marketing Regulations 2008: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. April 2015.
Land at Bagleys Spring, Chadwell Heath
Particulars compiled – May 2015
Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither BNP Paribas Real Estate Advisory & Property Management UK Limited nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 2013: Unless otherwise stated all prices and rents are quote exclusive of VAT. The Business Protection from Misleading Marketing Regulations 2008: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. April 2015.
On behalf of:
Freehold Development Opportunity For Sale Land at Bagleys Spring, Chadwell Heath, RM6 Outstanding Residential Development Opportunity (Subject to Planning) Site area – 1.00 hectares (2.5 acres)
April 2014
BNP Paribas Real Estate Head office, 5 Aldermanbury Square, London EC2V 7BP Tel: +44 (0) 207 338 4000 Fax: +44 (0)20 7430 2528
Background We are delighted to offer the freehold interest in Land at Bagleys Spring, Chadwell Heath, for sale on behalf of the London Borough of Barking and Dagenham. The Property is located in a popular residential location and has potential for residential redevelopment (subject to planning). Chadwell Heath is a well-connected location which will benefit from Crossrail from 2018 onwards. Location The site is located in Chadwell Heath in the London Borough of Barking and Dagenham. Central London is located approximately 21 kilometres (13 miles) to the southwest, Romford is located 3.2 kilometres (2 miles) to the east, Dagenham is located 4.1 kilometres (2.6 miles) to the south, and Brentwood is approximately 14.5 kilometres (9 miles) to the northeast. The A12 runs west to east approximately 0.8 kilometres (0.5 miles) to the south of the site and provides access to the M25 at Junction 28. The Property is situated on the north side of Bagleys Spring, located on the western side of Whalebone Road North (A1112), which runs north to south, leading to the A12 and to the centre of Chadwell Heath. To the south and the west of the site the land use is predominately residential, while to the north there is a cemetery. To the east of the site, on the eastern side of Whalebone Lane North, there is a quarry which is set back from the road. Chadwell Heath train station is located 2.7 kilometres (1.7 miles) to the south west of the site, which provides services into the City of London (London Liverpool Street) via a direct service in 25 minutes.
Source: Promap Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither BNP Paribas Real Estate Advisory & Property Management UK Limited nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 2013: Unless otherwise stated all prices and rents are quote exclusive of VAT. The Business Protection from Misleading Marketing Regulations 2008: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. April 2015.
Description The Property extends to approximately 1.00 hectares (2.5 acres) and is irregular in shape. The cleared site is currently utilised as grazing land and will be sold with vacant possession. There is one point of access on south corner of the western boundary, reached via Thatches Grove, which connects to Whalebone Lane via Rose Lane. We understand that Thatches Grove is an adopted highway. The land to the west of the Property has been allocated for allotments. We understand this land has a blanket TPO across it. Planning The Property falls within the jurisdiction of the London Borough of Barking and Dagenham. Planning policy for the borough is contained within The Barking and Dagenham Local Plan 2010 – 2025 (formally the LDF) and consists of a series of Development Plan Documents (DPDs). This is a set of documents which informs planning decisions in the borough, including the Core Strategy and Development Management Document. The site is not allocated within the Local Plan. Therefore the site is considered ‘white land’ where the first preference is for housing. The site has a PTAL rating of 2 in a suburban location where the London Plan recommends that densities of 35 – 65 units per hectare would be appropriate. In addition a car parking ratio of 1:1 per new home should be provided. Given the character of the surrounding area it is considered that two or three storey housing would be most appropriate within this location. Of these units at least 40% would need to be family sized, i.e. three bedrooms or more. It must be noted that the cemetery directly adjacent to the north of the site is designated green belt and special consideration should be given to the boundary treatment with this site. Notably the heights and density of development to the north and east of the site should be lower to reflect this. According to the Environment Agency Flood Map the site is not within a flood zone. There are no Tree Protection Orders located on site. It should be noted that the Council will seek to protect the existing hedgerows located to the eastern boundary of the site. A Planning Guidance Note has been prepared by LB Barking and Dagenham’s planning team and is included with the information pack on request.
Title The site edged red on the attached Ordnance Survey plan is being offered for sale freehold. The Property is held under title number EGL394857 by the London Borough of Barking and Dagenham. Further title information and lease details are included within the Information Pack. Services Prospective purchasers should confirm the availability of services for their own proposals via the appropriate statutory undertaker.
Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither BNP Paribas Real Estate Advisory & Property Management UK Limited nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 2013: Unless otherwise stated all prices and rents are quote exclusive of VAT. The Business Protection from Misleading Marketing Regulations 2008: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. April 2015.
Method of Sale Offers are invited for the freehold interest in the property. Offers are invited on an unconditional or subject to planning basis. Offers must be submitted in a plain envelope marked Bagleys Spring Tender – June 2015 only and addressed to: Christopher Bull Senior Estates Surveyor, London Borough of Barking & Dagenham Room 206 Town Hall 1 Town Square Barking Essex IG11 7LU Offers are to be received in hard copy format by no later than 12 noon, Friday 12 June 2015. Prospective purchasers are required when submitting offers to provide the following information: The name of your solicitors; Full evidence of your financial ability to complete the purchase; Details of any conditions attached to your offer and the timescales to discharge them; Confirm that you have read and taken into account the contents of the Information Pack; Include sales revenue overage, sell-on overage and planning clawback proposals within your offer. Where an offer is made by an agent it must be accompanied by a letter from their principal outlining and confirming the basis of the offer made. The vendor does not undertake to accept the highest or any offer submitted. Further Information An Information Pack is available on request via the dedicated Property website and contains the following information: 1. 2. 3. 4. 5. 6.
Legal and Title Information Planning Guidance Note Schedule of Photographs Geotechnical Report Topographical Report Bid Form
Contact Details The Property can be viewed externally from Whalebone Lane North. Accompanied site viewings will be conducted by the vendor’s sole agents, BNP Paribas Real Estate on selected dates.
For further information please contact: Emma Bouch +44 (0)20 7338 4300 [email protected]
Kimberley McGowan +44 (0)20 7338 4468 [email protected]
Julian Gaynor +44 (0)20 7338 4162 [email protected]
Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither BNP Paribas Real Estate Advisory & Property Management UK Limited nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 2013: Unless otherwise stated all prices and rents are quote exclusive of VAT. The Business Protection from Misleading Marketing Regulations 2008: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. April 2015.
Land at Bagleys Spring, Chadwell Heath
Particulars compiled – May 2015
Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither BNP Paribas Real Estate Advisory & Property Management UK Limited nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 2013: Unless otherwise stated all prices and rents are quote exclusive of VAT. The Business Protection from Misleading Marketing Regulations 2008: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. April 2015.
