Indicative sale plan savills.co.uk Key Highlights • With outline planning permission for 37 residential dwellings (35% affordable) • Extends to approximately 1.65 ha (4.08 acres) • Inviting unconditonal offers by 12 noon Friday 28th August 2020 RESIDENTIAL DEVELOPMENT OPPORTUNITY FOR SALE BY INFORMAL TENDER LAND OFF GREENFIELD ROAD Flitton, Bedfordshire, MK45 5DR SAVILLS CAMBRIDGE Unex House, 132-134 Hills Road Cambridge, CB2 8PA +44 (0) 1223 347 094
Transcript
Indicative sale plan
savills.co.uk
Key Highlights• With outline planning permission for 37
residential dwellings (35% affordable)• Extends to approximately 1.65 ha (4.08
acres)
• Inviting unconditonal offers by 12 noon Friday 28th August 2020
RESIDENTIAL DEVELOPMENT OPPORTUNITY FOR SALE BY INFORMAL TENDER
LAND OFF GREENFIELD ROADFlitton, Bedfordshire, MK45 5DR
LocationThe Property is situated on Greenfield Road in the village of Flitton, Bedfordshire. Flitton is located approximately 2.3 km (1.4 miles) west of Silsoe and 3.2 km (2 miles) east of Flitwick.
Flitton is well served in regards to access and amenities. Local playing fields and the village hall are in close proximity to the Property. Neighbouring villages of Wardhedges and Greenfield offer further amenities including a small industrial park and a number of pubs and restaurants. Education needs are provided for by Greenfield Church of England Primary School, which has an ‘Outstanding’ Ofsted rating.
In regard to access, Flitton benefits from bus connectivity to Flitwick (approx. 15 mins), thereafter, Flitwick Train Station, approximately 3.2 km (2 miles) away provides connectivity to London St Pancras railway station in a journey time of approximately 50 minutes.
IntroductionOn behalf of the landowners, Savills (UK) Ltd (‘Savills’) is pleased to offer for sale the freehold interest in the land off Greenfield Road, Flitton (hereafter referred to as ‘the Property’).
The Property comprises a detached residential dwelling and detached garage (no. 96 Greenfield Road) and an area of open grassland, extending to approximately 1.65 hectares (4.08 acres). Outline planning permission has been granted for the demolition of the existing dwelling and the erection of 37 dwellings (35% affordable housing) with the associated access.
The method of disposal is by informal tender and the deadline for bids to be submitted is 12 noon on Friday August 28th 2020. Interviews may be held thereafter.
Offers are invited on an unconditional basis with a planning and sales overage. Preference will be given to clean bids and to parties who can 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/flitton
PlanningThe Property falls in the jurisdiction of Central Bedfordshire Council (‘CBC’). An outline planning application was submitted in August 2018 and granted at Appeal in October 2019. The Section 106 Agreement was signed in March 2020.The planning application is described as follows:
REFERENCE DESCRIPTION DECISION
CB/18/03326/OUT Demolition of existing dwelling and erection of 37 dwellings and associated access.
Granted at Appeal: 16th March 2020
The outline planning permission allows for the demolition of the existing dwelling and erection of 37 dwellings and associated access. The 37 dwellings will comprise 21 open market dwellings, 3 open market custom build plots and 13 affordable tenure dwellings. The 35% affordable housing is to be split 72% Social or Affordable Rented dwellings and 28% Intermediate dwellings.
A copy of the planning application documents and Decision Notice can be found within the Information Pack online at www.savills.com/flitton or sourced from CBC website under the planning reference.
Description The Property extends to approximately 1.65 hectares (4.08 acres) and comprises a detached residential dwelling and garage fronting Greenfield Road with existing vehicular access directly from Greenfield Road. The access continues to the south west of the dwelling serving the rear of the Property which comprises a broadly rectangular parcel of open grassland used for grazing horses. There is a small stable block and an outdoor ménage adjacent to the curtilage of the residential dwelling.
The Property has relatively flat topography, rising gently to the south east. It is bound by Greenfield Road, with a linear frontage of residential properties to the north, residential properties along Sand Road to the east, village playing fields to the west and a public footpath (FP18) which runs parallel with the boundary to the south.
Preliminary Land Contamination & Geotechnical AssessmentEPS undertook a Phase I and II Geo-Environmental Assessment (July 2020). The report highlights that the ground conditions are considered suitable for conventional spread foundations and the use of soakaways may be viable in the northern area of the Property. The full report is included within the Information Pack.
Utilities Report M-E-C undertook a Utilities Assessment (July 2020) which outlines the services supply for foul drainage, clean water, gas, electricity and telecoms. Service capacities and points of connection can be summarised as follows:
SERVICE AND/OR PROVIDER
CAPACITY AVAILABLE
POINT OF CONNECTION
Foul Drainage (Anglian Water)
Yes 175mm public foul water sewer downstream of manhole 9401 in Greenfield Road at National Grid Reference NGR TL0586735427.
Clean Water (Anglian Water)
Yes 6”water main in Greenfeld Road at National Grid Reference TL0585035408
Gas (Cadent Gas/GTC)
Yes 125mm PE LP gas main within Greenfield Road approximately 12m from the site boundary
Electricity (UK Power Networks/GTC)
Yes LV cable within Greenfield Road
Telecoms (BT Openreach)
N/A BT apparatus within Greenfield Road
The full report is included within the Information Pack.
Tenure / Vacant PossessionThe Property is owned freehold under two Registered Titles, BD229229 and BD197146. The Property will be sold freehold with vacant possession. A copy of the land registry documentation can be found in the Information Pack.
OverageAll parties should offer a planning and sales overage as part of their offer submission. The planning overage would be based on either an increase in sq footage of private residential or an increase in unit numbers. This is particularly relevant should the purchaser seek to convert the custom build units into private tenure.
Section 106The Section 106 Agreement has been agreed and is included within the Information Pack. The following contributions are sought:
ITEM CONTRIBUTION
Early Years Contribution £39,405.24
Lower School Contribution £131,350.80
Middle School Contribution £132,170.69
Upper School Contribution £162,076.26
Recreation and Outdoor Sports Facilities Contribution
£13,501.00
We ask parties to familiarise themselves with the requirements contained within the Section 106 Agreement. It is important to note that the above payments are index linked.
Access Vehicular access is provided directly from Greenfield Road. A new access will be created via the demolition of the existing residential dwelling and replacing the existing access to the Property. The access will comprise a 5.5m wide carriageway, with 6.0m radii and 2.0m footways. Visibility splays of 2.4m x 43m are achievable from the access as demonstrated on Drawing No. 23445_08_020_01, Appendix G of the Transport Statement included within the Information Pack.
TechnicalA comprehensive technical Information Pack has been put together and made available to all parties. We advise that any bidding parties make themselves fully aware of the wider reports and make themselves comfortable with the content therein.
Arboricultural Report David Clarke Chartered Landscape Architect and Consultant Arboriculturist Limited undertook a Arboricultural Report (June 2018). The report should be read in conjunction with the Tree Protection Plan and Arboricultural Survey. The report provides recommended measures to protect retained trees during the proposed works.
Preliminary Ecological AppraisalBRCC undertook a Phase 1 Habitat Survey (February 2018). The report concludes:
‘‘The site has a reduced selection of vegetation communities being dominated by semi-improved grassland. An over-mature hedgerow and seasonal ditch runs along one side of the site….In general this site appears to have few features of wildlife interest and does not appear to host any species of interest, either protected or of conservation concern.’’
Flood Risk Assessment EAS undertook the Flood Risk Assessment (August 2018). The report highlights that the Property is located entirely within Flood Zone 1. The Property is located in an area with a bedrock of Woburn Sands Formation – Sandstone. The report highlights that Anglian Water sewer records show there is no adopted surface water sewers locally. There is a 7 inch foul sewer in Greenfield Road which falls south when it passes the Property before connecting to another foul sewer and being directed north west across the fields to the west and to a pumping station.
Ransom StripThe landowner will retain a 0.5 metre ransom strip along the north eastern, southern and western boundary. The ransom strip should be included within the purchaser’s management company for maintenance purposes. The Vendor will provide full rights of access over the ransom strip for the purposes of implementing the planning permission. The Purchaser will provide full rights of way, reservations and rights to services that may be required over the Property to the ransom strip and adjoining land beyond.
Rights Of Way The Property will be sold subject to and with the benefit of all rights, covenants and agreements and declarations affecting the Property.
Viewings / Meeting With SavillsViewings are strictly by appointment only to be arranged through Savills. A viewings day will be arranged during the course of the marketing period. Further details will be provided.
BidsOffers are invited on a strictly unconditional basis with a proposed sales and planning overage. Preference will be given to clean bids and to parties who can clearly demonstrate they have undertaken full analysis of the site and understood all of the obligations to be placed upon them.
Offers are to be submitted by 12 noon on 28th August 2020 and sent in a sealed envelope to Savills, Unex House, 132-134 Hills Road, Cambridge, CB2 8PA. The envelope should be marked ‘‘Land off Greenfield Road, Flitton - AJ”. E-mail offers will be acceptable, addressed to [email protected].
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.
Bid SubmissionThe following is to be submitted as part of any bid:
• Confirmation that the offer is unconditional;
• Confirmation of the Section 106 financial contributions;
• Confirmation of the proposed planning and sales overage provision;
• Confirmation that the ransom strip has been accommodated and to provide full access and services to the ransom strip and land beyond;
• Outline of board approval process;
• Proof of funding;
• 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;
• Details of track record and any nearby land interests;
• Purchaser to provide a legal undertaking to cover reasonable abortive legal costs.
TimingThe method of disposal is by informal tender and the deadline for bids is 12 noon on Friday 28th August 2020. Interviews may be held shortly thereafter.
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.
VATIt is the Vendor’s intention to opt to tax the Property.
Important NoticeSavills 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.
Further InformationThe full Information Pack relating to the Property can be found within the online Data Room, accessed at:
www.savills.com/flitton Please ensure that in the first instance all enquiries are made to Abigail Jones whose contact details are below.
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 | July 2020
