offers an opportunity to acquire a unique town centre ......london luton 47 miles heathrow 1 hour 30...
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Falcon Quarter Offers an opportunity to acquire a unique town centre development in Huntingdon, Cambridgeshire
www.falconquarter.com
FALCON QUARTER HUNTINGDON
8.22 acres (3.3 hectares) town centre development site with detailed planning consent for 345 residential units
FOR SALE
20 minutesCAMBRIDGE
47 minutesCENTRAL LONDON
125 metRes HUNTINGDON STATION
AFFORDABLe HOUSING
100 metResHUNTINGDON HIGH STREET
FALCON QUARTER HUNTINGDON
Former A14 tobecome town centre link road
BusStation
HuntingdonTown Centre
High Street
High Street
TrainStation
HinchingbrookeHospital
A14 Sectionto be removed
GuidedBus Stop
Site Plan
FALCON QUARTER HUNTINGDON
Huntingdon This prime town centre development offers an exceptional opportunity to create a vibrant residential Quarter, with excellent transport connections providing direct access to London, Cambridge, Midlands and the North.
Falcon Quarter is located at Edison Bell Way and George Street, directly opposite Huntingdon mainline Railway Station and the Guided Busway to Cambridge. Immediately to the east of the development is Huntingdon Town Centre. To the west it is a short walk from Hinchingbrooke Hospital (8 mins), the exceptional Hinchingbrooke Secondary School (5 mins) and Cambridgeshire Constabulary and Fire and Rescue HQ (3 mins).
Strategically located within the heart of the South East, Huntingdon continues to expand benefiting from a general catchment of 170,000 people. Huntingdon has transformed as a consequence of major investment with the new A14 and the Town Centre redevelopment. It also has a strong retail base and the pedestrianised High Street supports a selection of national retailers together with a good range of local shops and restaurants.
Huntingdon is a major employment centre within the Region and has enjoyed rapid growth over the last 10 years with a further 8,000 new jobs being created. The economic growth plan for the Huntingdon area anticipates that by 2023, Huntingdonshire will be the fastest growing District in Cambridgeshire and one of the top 10 places to live, work and invest in England. This has recently been endorsed by the Mayor of Cambridgeshire & Peterborough confirming that Cambridgeshire County Council will be relocating their Headquarters to Alconbury, within a 10 minute drive from the site.
SITE LOCATION
HEADQUARTERED IN HUNTINGDON
pRIMECAMBRIDGESHIRE TOWN
INVERNESS
LONDON
HUNTINGDON
PETERBOROUGH
BRIGHTON
NEWCASTLE
YORK
EDINBURGH
ABERDEEN
GLASGOW
RAIL
Located within a minutes walk from Huntingdon Railway Station with direct trains to London Kings Cross on the East Coast mainline, which takes 47 minutes and run on an almost 24 hour basis. In addition, trains run directly to City Thameslink, London Bridge and Gatwick Airport. Huntingdon is also easily accessible to Peterborough, York, Newcastle and Edinburgh, and Brighton to the south via London.
EAST COASTMAINlINE
PETERBOROUGH
HUNTINGDON
YORk EDINBURGH NEWCASTlE
BRIGHTON
UPDATED A14
REMOVAL OF A14 SECTION
EXISTING ROAD
A1
HIG
HSTREET
50 METRES
TRANSPORT LINKS
HUNTINGDON
LONDON LUTON47 MILES
HEATHROW1 HOUR 30 MIN
EAST MIDLANDS1 HOUR
LONDON STANSTED45 MILES
LONDON GATWICK1 HOUR 52 MIN
AIR
60 TRAINS To LoNDoN DAILY
LONDON47 minutes16 minutes
lONDON
kINGS CROSS
FALCON QUARTER HUNTINGDON
½JOURNEY TIME FROM
HUNTINGDON TO CAMBRIDGE
HAlVED BY 2021
RoAds
Huntingdon is ideally situated only 1 mile from the A1/
A14 interchange, providing excellent north/south links
via the A1 and good links to the Midlands and the east
coast ports.
A £1.5 billion, 17 mile motorway bypass is under
construction to the south of Huntingdon. Due to open
in 2020, the bypass will remove the elevated A14 and its
long distance traffic from the town reducing the journey
time to Cambridge to around 20 minutes.
Further information on this upgrade can be found on:
www.highwaysengland.co.uk/projects/a14-cambridge-to-
huntingdon/
TRANSPORT LINKSUPDATED A14
REMOVAL OF A14 SECTION
EXISTING ROAD
A1
lONDON
80 min
utesHUNTIN
GDON
CAMBRIDGE
20 min
utes
MIlTON kEYNES
40 min
utes
PETERBOROUGH 20 minutes
Bus
By bus Huntingdon has direct services to Peterborough, St Neots, St Ives and Cambridge. Falcon Quarter also benefits from the dedicated Guided Busway stop which connects Huntingdon and Cambridge City Centre and railway station every 7 minutes.
eVeRY 7 minsHUNTINGDON-CAMBRIDGE
GUIDED BUSWAY STOPS HERE
HUNTINGDON STATION
HUNTINGDON TOWN CENTRE
FALCON QUARTER HUNTINGDON
CAMBRIDGE 125,000 residents - 20 mins
· World class University City
· The fastest growth rate of all British cities in Q1 2018
· Top city for Gross Value Added in 2018
· Projected fastest growing city economy over the next ten years
· Silicon Fen is home to 25 science parks, 1,500 companiesemploying 50,000 professionals
· The new Cambridge Bio-Campus which will be the biggestmedical science centre of its kind in the world
· Home to Silicon Fen which is booming tech and life sciencesectors in Cambridge, this sector is expanding 2.6 timesfaster then the rest of the economy
· Cambridge has been ranked as one of the top three‘innovation ecosystems’ in the world
· Arm Holdings, Sepura, Microsoft, Apple and Toshiba are anumber of multi national companies based in Cambridge
· The pharmaceutical giant AstraZeneca are makingCambridge its global headquarters bringing 2,000researchers to the area
PETERBOROUGH 185,000 residents - 20 mins
· A Cathedral city and one of theUK fastest growing cities
· Beneficiary of a £1 billionregeneration programme andbeing awarded Smart City 2015
· Gateway Peterborough is a 240acre site with permission forwarehousing and distributionpark
· Peterborough has become amajor distribution centre forAmazon, Ikea, Debenhams andLidl
· Home of Perkins Enginesmanufacturing 500,000 enginesper annum and employing 2,500skilled employees
· Some of the best physical anddigital connections in the country
MIlTON kEYNES 250,000 residents - 40 mins
· A bidder for European Capital ofCulture
· Has third highest level ofeconomic growth out of all citiesin 2018
· New world class technologyuniversity is to be built in CentralMK
· Over £1 billion of privateinvestment has been committedin the last decade
· Second fastest growing cityin the UK and Internationallyrecognised centre of prosperity,economic innovation andcultural creativity
LOCATION Regional Centres
siLiCOn Fen HI-TECH CLUSTER / BIOTECH,
SOfTwARE, I.T, ELECTRONICS
£ 1 BiLLiOnpETERBOROUGH
REGENERATION, INVESTMENT
DistRiButiOnLOGISTICS, TRANSpORTATION
peterborough
london
cambridgemilton keynes
FALCON QUARTER HUNTINGDON
Falcon QuarterThe scheme has detailed planning consent for 345 homes and offers an exciting opportunity for both traditional residential development and Build to Rent. The development has been carefully designed to appeal to a wide range of potential buyers including first time buyers, investors, families and downsizers.
TYPE QUANTITY TOTAL SQ FT
1 Bed Apartment 87 43,066
2 Bed Apartment 187 127,981
2 Bed House 1 851
3 Bed House 26 28,830
4 Bed House 44 59,817
TOTAL 345 260,545
87
187
26
44
TYPE QUANTITY TOTAL SQ FT
1 Bed Apartment 87 43,066
2 Bed Apartment 187 127,981
2 Bed House 1 851
3 Bed House 26 28,830
4 Bed House 44 59,817
TOTAL 345 260,545
87
187
26
44
The site has been granted two planning permissions: East Site 17/00733/FUL
· This permission is for 304 dwellings in a mix of houses and apartments including one-bedroom, two-bedroom, three-bedroom, four-bedroom homes, landscaping, open spaces,access, parking and associated works, this site is to the east of Edison Bell Way.
West Site 17/01950/FUL
· This permission is for 41 apartments including access, parking, landscaping and associatedworks, this application is to the west of Edison Bell Way and the site is in isolation to theabove application.
Neither planning permission has any onsite affordable housing
SECTION 106
The headline figures for the east and west site are as follows:
Section 106 Contributions £1,716,962
Affordable Housing Contributions £842,148
Community Infrastructure Levy (CIL) £3,537,000
TOTAL £6,096,110
Layout Plan
Residential development
apaRtments
Houses
West site
east site
FALCON QUARTER HUNTINGDONBuilding Styles
WEST SITE
EAST SITE
EAST SITE EAST SITE
FALCON QUARTER HUNTINGDON
The Opportunity...
Freehold sale
Offers are invited via Informal Tender for the whole site, but individual offers for either the East or West site will be considered The site for sale extends to 3.3 hectares (8.22 acres). The area identified to the east of Edison Bell Way is for 304 units - under application 17/00733/FUL. The area to the west is for 41 units and is under application 17/01950/FUL.
The owners will demolish and remediate the whole site pre completion
Build to Rent
The mix and number of units within the development and the strategic location of the site adjacent to the Railway Station and the Town Centre, means the development will appeal to the Build to Rent market.
ALL SUBMISSIONS SHOULD INCLUDE THE FOLLOWING INFORMATION:
• Detailsofanyconditionsattachedtoyouroffer
• AnticipatedtimeframeforExchangeandCompletion
• Confirmationofdepositamount/percentage
• Theidentityofthepurchaser,alongwithanyappropriate supporting information includingthe ultimate owner or parent company, structureand registered office
• Confirmationoffundingandanythirdpartyapprovals required
• Providedetailsofanyelementsofconditionalitywithin the proposal or any assumptions made
• Detailofinternalapprovalprocessrequiredtosanction the purchase
• Pleaseconfirmyouandyoursolicitorshavereviewed the documentation on the website(www.falconquarter.com)
• Providedetailsofthesolicitorswhowillbeacting on your behalf in this transaction
CLOSING DATE:
The deadline for offers is;
Thursday 15th November 2018.
Our client reserves the right not to accept the highest or any other offer received.
FALCON QUARTER HUNTINGDON
Further Information
Contact
TENURE
The site is for sale freehold with vacant possession.
COMPANY SALE
The property is to be sold by a company disposal - JCAM CREP XVIII Ltd, is an SPV and its sole asset is the property described in these particulars.
VIEWING
Viewings are strictly by appointment only.
Please contact the selling agent for further information on access.
FURTHER INFORMATION
For further information please register at
www.falconquarter.com
Freehold Sales Agent Build to Rent Enquiries
Charles alexander BSc (Hons) MRICS
Rapleys LLP / Surveyor Development Consultancy 07831 487420 [email protected]
Ben hayfron
Associate Director 020 7182 3473 [email protected]
angus IrvIne PGDip MSc MRICS
Rapleys LLP / Partner Head of Development Consultancy 07767 463884 [email protected]
alex davIs
Director 020 7182 2486 [email protected]
13Neither Rapleys, their joint agents (where applicable) or their client guarantees their accuracy and they are not intended to form any part of a contract. No person in the employment of Rapleys or their joint agents has authority to give any representation or warranty in respect of this property.Rapleys LLP is registered as a Limited Liability Partnership in England and Wales. Registration No: OC308311. Registered Office at Falcon Road, Hinchingbrooke Business Park, Huntingdon, PE29 6FG. Regulated by RICS. These particulars were produced in good faith and believed to be correct as of October 2018.