RESIDENTIAL DEVELOPMENT OPPORTUNITY
Resolution to grant planning permission. Potential for 120 dwellings. Site area 5.66 hectares (13.98 acres).Informal tender date Friday 16 September 2016.
FORMER KING EDWARD VII SCHOOL BURTON ROADMelton Mowbray
THE OPPORTUNITY The site is a former school which was vacated in 2011, there are a number of existing buildings remaining on the site the majority of which can be demolished and one area of the site is retained by the King Edward VII Nursery School on a leasehold interest.
The site is being offered for sale freehold by informal tender. Offers for the freehold interest are invited by 12 noon on Friday 16th September 2016.
LOCATION Melton Mowbray is a popular market town in the centre of Leicestershire.
The site is situated in a desirable residential location accessed from Burton Road (A606) one of the main arterial roads leading into the town from the south and approximately 1.5km away from the mainline British Rail station and town centre.
PLANNING Melton Borough Council have entered into a resolution to grant outline planning permission for residential purposes, planning application No. 13/00877/OUT.
The planning consent has sought to confirm detailed access to the site and left all other items to be covered by a reserved matters application.
A key point in securing planning permission was relocation of the existing playing fields from the site to an adjoining one. This has been agreed and the physical works are underway and due to be completed in autumn 2016.
The planning application has evolved with detailed consultation with the Local Planning Authority and other statutory bodies and you will note when considering the documentation that the initial scheme had been for a residential development of up to 100 units with an extra care home facility of up to 60 beds, this was altered during the planning process to the resultant application for up to 120 dwellings.
The majority of the existing buildings are proposed to be demolished however, 3 of the buildings comprising the reception building, Braeside and The Gables, whilst not listed, are viewed by the Local Planning Authority as buildings of local historical interest and therefore would support retention and conversion into 9 vertical units.
The terms of the section 106 agreement have been agreed and it is anticipated that the signed copy and decision notice will be issued prior to the informal tender date.
THE SITE The application site extends in total to approximately 5.66 hectares (13.98 acres) and there are a wide variety of existing buildings on the site. A topographical survey has been carried out and will be available in the drop box.
There are a substantial number of trees benefitting the site and there is a blanket tree preservation order.
An aboricultural survey has been carried out which has shown that the vast majority of the trees can be retained, however there are a limited number that will need to be removed to provide access to the site and the principle of this has been agreed with both the highways and the arboricultural officer and the local planning authority.
TENURE The site is owned freehold, however the King Edward VII Nursery School have a long leasehold interest in their area of the site. Copies of the leasehold interest will be available in the drop box.
PRICE Offers in excess of £2,500,000 (two million five hundred thousand pounds) are invited for the freehold interest subject to contract.
OVERAGE PROVISIONS There are a number of different types of overage that are being sought.
1. If planning permission is secured to demolish the 3 buildings considered of local historical interest an additional land value will be expected.
2. If the existing nursery school closes and is incorporated within the residential development site an additional land element will be required.
3. A sales overage to be agreed subject to a minimum gross development value and a proportion of the proceeds above to be agreed.
VAT The property has been elected for VAT and will therefore be charged on the sale price.
INFORMATION PACK A drop box for additional information has been created and access details are available from the agents. The information includes:- • Answerstoprecontractenquiries • ArchaelogicalDeskBasedAssesment(ULAS • ArchaelogicalTrialTrenchingReport(ULAS) • BatSurvey(WYG) • BatSurveyUpdate(WYG) • BiddingDocument(CarterJonas) • DesignandAceessStatement(Capita) • DesignandAceessStatementAddendum(Capita2 • DesktopStudy(WYG) • EcologicalAppraisal(FPCR) • FloodRiskAssessment(SMP) • HazardousMaterialsReport(WYG) • LeaseforNursery • OfficialCopy(Register) • PlaaningPermissionDecsionNotice • PlanningStatement(Define) • PlanningStatementAddendum(Define) • PreliminaryInfrastructueAppraisal(WYG) • SpecificationforEnablingWorks(LCC) • TopographicalSurvey(RGISurveys) • TPO • TransportAssessment(BWB) • TravelPlan(BWB) • TreeSurvey(LCC) • Section106
Former King Edward VII School Burton Road, Melton Mowbray LE13 1DN.
METHOD OF SALE Informal bids are to be submitted by 12 noon on Friday 16 September a copy of the bidding document is included in the Information Pack.
TIMINGS Informal tender 12 noon Friday 16 September.
Potentially interview a number of the developers at Leicestershire County Council’s offices between 10am and 2pm on Friday 23 September.
Instruct solicitors Friday 30 September
Meeting between principles and their solicitors at Leicestershire County Council’s offices 11am Friday 14 October
Exchange contracts Friday 11 November
CompletionFriday9December.
VIEWING The site is substantially boarded up and viewing arrangements should be made through the agents.
FURTHER INFORMATION Should you require any further information please contact either Nick Muncey on 01223 326817 or alternatively you can email [email protected] or Richard Combes on 01223 346648 or alternatively you can email [email protected]
Client
Project
Drawing Title
Drawing Status
Scale Date Drawn
Drawing No Checked Approved
© This drawing is the copyright of Capita Symonds. All Dimensions are to be checked not scaled. Capita Symonds accept no liability for any expense loss or damage of whatsoever nature and however arising from any variation made to this drawng or in the execution of the work to which it relates which has not been referred to them and their approval obtained.
1st Floor, Eleven Brindleyplace2 Brunswick Square, Birmingham, B1 2LPTel +44(0)121 423 6060 Fax +44(0)121 423 6065 www.capitasymonds.co.uk
Leicestershire County Council
King Edward VII College, Melton
Planning Application Boundary
For Comment
1:2500@A3 14.10.13
CS067031 01D 14.10.13 DM
Planning Application Boundary
Other Land Within LCC’s Ownership
Area A: 5.66ha
Area B: 2.87ha
08.11.13 Rev D Nursery included in red line boundary; Playing fi elds boundary amended; ownership boundary adjacent to southern access amended
14.10.13 Rev C Red line amended to include replacement playing fi elds
11.10.13 Rev B Red line amended to refl ect client comments
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© Crown copyright 2012 Licence Number 100021719
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© Crown copyright 2012 Licence Number 100021719
IMPORTANT INFORMATIONOur property particulars do not represent an offer or contract, or part of one. The information given is without responsibility on the part of the agents, seller(s) or lessor(s) and you should not rely on the information as being factually accurate about the property, its condition or its value. NeitherCarterJonasLLPnoranyoneinitsemploymentoractingonitsbehalfhasauthoritytomakeanyrepresentationorwarrantyinrelationtothisproperty.Wehavenotcarriedoutadetailedsurvey, nor tested the services, appliances or fittings at the property. The images shown may only represent part of the property and are as they appeared at the time of being photographed. The areas, measurements and distances are approximate only. Any reference to alterations or use does not mean that any necessary planning permission, building regulation or other consent has been obtained. The VAT position relating to the property may change without notice.Note: All plans not to scale
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