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OUTSTANDING RESIDENTIAL DEVELOPMENT OPPORTUNITY EASTHORPE LODGE Green Lane, Easthorpe, near Bottesford, Leicestershire

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Page 1: OUTSTANDING RESIDENTIAL DEVELOPMENT OPPORTUNITY€¦ · VALE END HOUSE Situated to the south of Easthorpe Lodge, "Vale End House" is available by separate negotiation and comprises

OUTSTANDING RESIDENTIAL DEVELOPMENT OPPORTUNITY

EASTHORPE LODGE

Green Lane, Easthorpe, near Bottesford, Leicestershire

Page 2: OUTSTANDING RESIDENTIAL DEVELOPMENT OPPORTUNITY€¦ · VALE END HOUSE Situated to the south of Easthorpe Lodge, "Vale End House" is available by separate negotiation and comprises

EASTHORPE LODGE

GREEN LANE EASTHORPE

NR. BOTTESFORD LEICESTERSHIRE

NG13 0DU

Outstanding residential development

opportunity with two neighbouring planning

approvals as follows:

Lot 1

Easthorpe Lodge Land - Outline Planning

approval for demolition of outbuildings and

erection of 9 dwellings, garage block and

associated infrastructure

Top Paddock - Erection of up to 18

dwellings with associated access, drainage

infrastructure and amenity open space.

Lot 2

Easthorpe Lodge - a substantial detached

family home in need of modernisation boasting

3 reception rooms and 8 bedrooms.

For Sale by Informal Tender

Deadline for Tenders - 12 noon on Friday

14th September 2018

www.matherjamie.co.uk/easthorpe

DESCRIPTION

The property being offered for sale is summarised as follows:

Lot 1 - Residential Development Land (edged yellow)

Easthorpe Lodge Land - benefitting from Outline Planning

Approval for 9 dwellings, comprised of the garden, amenity space

garage building, outdoor swimming pool and associated building,

tennis court and range of equestrian stables which surrounds the

private dwelling of Easthorpe Lodge. Easthorpe Lodge Land

including Easthorpe Lodge itself extends in all to approximately

2.86 Acres (1.15 Ha).

Top Paddock - extending in all to 3.39 Acres (1.37 Ha) or

thereabouts and benefitting from Outline Planning Approval for 18

dwellings. The site comprises a pasture field with access currently

available off Green Lane.

Lot 2 - Easthorpe Lodge (edged blue)

Easthorpe Lodge - a substantial detached family residence

boasting 3 large reception rooms, kitchen, pantry, cloakroom plus

several store/and 8 bedrooms.

LOCATION

Easthorpe is a delightful rural hamlet situated on the eastern

fringe of the village of Bottesford. The village is conveniently

located close to the A52 which links directly with Nottingham and

Grantham, both the A46 and A1 are also close by which in turn

give access to the national motorway network.

Nearby Bottesford offers a range of services including several

shops, public houses, restaurants, doctors and dentists.

Furthermore Bottesford boasts schooling opportunities including

Bottesford Church of England Primary (rated as “Good” in the

October 2014 Ofsted report) and the Priory Belvoir Academy

(rated “Good” in the May 2015 Ofsted report). Private schooling

options are available in Nottingham, Grantham, Stamford,

Loughborough and further afield.

Distances (by road) to some significant local destinations are as

follows (most direct route, source: Google Maps):

• Grantham 7.5 miles

• Newark 15 miles

• Nottingham City Centre 17 miles

• Melton Mowbray 17 miles

• Rutland Water 26 miles

• Stamford 28 miles

• East Midlands Airport 30 miles

Bottesford Railway Station provides convenient access to both

Grantham and Nottingham which in turn give access to the wider

rail network, including London Kings Cross in around 75 minutes

(correct at the time of writing - source Trainline.com).

PLANNING PERMISSION

The sites benefit from two neighbouring planning approvals as

follows:

Easthorpe Lodge Land (Lot 1)

Outline Planning Approval granted by Melton Borough Council on

the 22nd April 2016, reference: 15/01016/OUT. The approval

allows for the demolition of domestic outbuildings and the erection

of 9 dwellings, garage block and associated infrastructure.

Top Paddock (Lot 1)

Outline Planning Approval granted by Melton Borough Council on

the 23rd February 2018, reference: 17/00996/OUT. The approval

allows for the erection of up to 18 dwellings with associated

access, drainage infrastructure and amenity open space.

Both planning applications were prepared and submitted by

Pegasus Planning (Lockington) with the support of various

consultants. Copies of all reports, plans and other documents

submitted with both applications are available to download from

the sale website.

Easthorpe Lodge (Lot 2)

The house itself and immediately adjacent garden land was

excluded from the planning application but identified on the

application plans as being within the ownership of the applicant (as

per the area edged blue on the indicative layout overleaf). The

house is not Listed nor does it lie within the village’s Conservation

Area. Pre-application advice has been sought from Melton Borough

Council about the demolition of the house with the intention of

replacing it with new build development; a copy of the pre-

application advice is available to download as part of the technical

information.

SECTION 106 AGREEMENT

Melton Borough Council has passed both planning approvals

without attaching a Section 106 Agreement.

It is possible that a revised planning application on part or all of

the site would trigger a requirement for a Section 106 Agreement.

If this is the case any obligations including payments/contributions

will be the responsibility of the Purchaser.

Page 3: OUTSTANDING RESIDENTIAL DEVELOPMENT OPPORTUNITY€¦ · VALE END HOUSE Situated to the south of Easthorpe Lodge, "Vale End House" is available by separate negotiation and comprises

LOT 1

LOT 2

VALE END HOUSE

see overleaf

Page 4: OUTSTANDING RESIDENTIAL DEVELOPMENT OPPORTUNITY€¦ · VALE END HOUSE Situated to the south of Easthorpe Lodge, "Vale End House" is available by separate negotiation and comprises
Page 5: OUTSTANDING RESIDENTIAL DEVELOPMENT OPPORTUNITY€¦ · VALE END HOUSE Situated to the south of Easthorpe Lodge, "Vale End House" is available by separate negotiation and comprises

AFFORDABLE HOUSING

The Decision Notice in respect of each planning approval makes

reference to requirements in respect of Affordable Housing as

follows:

Easthorpe Lodge Land - Condition 2 reads “no development

shall be begun until a scheme for the provision of Affordable

Housing has been provided in accordance with the approved

scheme...”.

Top Paddock - Condition 3 reads “the reserved matters...shall

provide for a mix of types and sizes of dwellings that will meet

the area’s local market housing need, the proposal shall include

the agreed 37% contribution to affordable housing”.

Interested parties are advised to contact the selling agents to

discuss the Affordable Housing situation.

PHASE II SITE INVESTIGATION

A detailed Phase I & II Site Investigation has been undertaken

by Ivy House Environmental Services and is available to

download as part of the technical information. The report offers

recommendations and conclusions in respect of the foundation

design which in summary comprises a combination of trench-fill

foundations and piling owing to the site being situated on

“running sand”.

Any associated costs arising from the Ground Investigation

Report above standard construction should be allowed for within

any offer to arrive at a net land value.

LEGAL AND AGENTS COSTS

Each party is to bear their own costs as part of the transaction.

VAT

The Vendors reserve the right to charge VAT in the event that

they are advised that it is necessary to do so.

PLANS, AREAS, PHOTOGRAPHS AND SCHEDULES

The Purchaser shall be deemed to have satisfied themselves as

to the description of the property and the accuracy of the

technical information provided. Any error or misstatements shall

not annul the sale not entitle either party to compensation.

THE STABLES

Included within Lot 1 are a range of timber-built equestrian

stables which are due to be demolished as part of the planning

approval.

The planning approvals require the widening and realignment of

Green Lane. The Purchaser will be required to carry out the

works to Green Lane within an agreed timeframe and thereafter

offer the road up for adoption.

The Purchaser will retain rights over the road for the benefit of

their retained land to the south sufficient to enable future

development of any retained land.

VALE END HOUSE

Situated to the south of Easthorpe Lodge, "Vale End House" is

available by separate negotiation and comprises an interesting

individual modern detached family home which approaches

3,000sqft and occupies a unique setting at the foot of Green

Lane. Vale End House is shown edged green on the plan

towards the front of this brochure.

The generous plot lies in the region of 1.5 acres, including two

thirds of an acre of well stocked formal gardens with electric

gated sweeping driveway, which continues to a grassed paddock

at the rear.

This unique home would suit growing or extended families but

could offer further potential subject to the necessary planning

consent. For further information please contact the selling

agents directly:

Richard Watkinson & Partners

10 Market Street

Bingham

Nottingham

NG13 8AB

Tel:- 01949 836678.

Email:- [email protected]

The Vendors have agreed in principle to allow their land to be

used to facilitate access to Vale End House via the widening of

Green Land which is required as part of the Top Paddock

development. This arrangement is subject to a separate legal

agreement between the parties.

THE GARAGE BLOCK

Included within Lot 1 but also currently intended to be

demolished is a garage building which formerly served

Easthorpe Lodge and which includes an apartment above. The

accommodation in brief is as follows:

Ground Floor

• Garage - 5.94m x 8.57m

• Store - 1.83m x 4.09m

• Two further stores which were not accessible at the point

of inspection.

First Floor

• Bedroom 1 - 3.08m x 2.23m

• Bedroom 2 - 3.01m x 3.11m

• Kitchenette - 1.77m x 3.21m

• Bathroom - 1.71m x 3.09m

• Lounge - 5.86m x 3.15m

OVERAGE & PURCHASERS RESERVATIONS

The Vendors are aware that there may be the potential for a

Purchaser of the site to revisit the two planning approvals

granted in respect of the development component of the sale.

The Vendor wishes to invite bidders to consider offering

Overage terms which will return a share of the enhanced land

value as a result of the Purchaser obtaining an improved

planning position based on an increase in plot numbers (beyond

the 27 dwellings for which consent is already granted). The

tender Pro-forma contains a section for parties to complete. The

Overage terms are not mandatory however will be taken into

consideration when a preferred bidder is selected.

The Vendors will retain ransom strips around the perimeter of

the site as specified on the Sale Plan which will prohibit

development of adjoining land from the land being sold without

the agreement of the Vendor.

GREEN LANE

Green Lane which runs between the Easthorpe Lodge Land and

the Top Paddock is an Adopted Highway and maintainable by

Nottinghamshire County Highways. The imagery within this

brochure includes Green Lane but interested parties are advised

that this is not within the ownership of the Vendors.

Page 6: OUTSTANDING RESIDENTIAL DEVELOPMENT OPPORTUNITY€¦ · VALE END HOUSE Situated to the south of Easthorpe Lodge, "Vale End House" is available by separate negotiation and comprises

THE TOP PADDOCK - 18 DWELLINGS - INDICATIVE LAYOUT EASTHORPE LODGE - 9 DWELLINGS - INDICATIVE LAYOUT

Page 7: OUTSTANDING RESIDENTIAL DEVELOPMENT OPPORTUNITY€¦ · VALE END HOUSE Situated to the south of Easthorpe Lodge, "Vale End House" is available by separate negotiation and comprises

LOT 2 - EASTHORPE LODGE

EASTHORPE LODGE

Comprising a substantial detached family residence, Easthorpe

Lodge offers an excellent opportunity for a purchaser to refurbish

and modernise the property to bring it up to date and create a

superb executive residence.

Alternatively the property could be demolished and incorporated

at part of the surrounding development, with sufficient space to

accommodate potentially several plots; subject to receiving the

appropriate planning approvals. Interested parties are

encouraged to read the pre-application advice sought from

Melton Borough Council in this respect in arriving at their bid.

The property benefits from mains connections for water,

electricity, telecoms and gas.

Interested parties are encouraged to view Easthorpe Lodge to

appreciate the scale of the property, please contact Mather Jamie

to arrange a viewing. The accommodation comprises the

following:

Ground Floor

Sitting Room - 5.38m x 6.07m

Dining Room - 6.07m x 4.23m

Study - 5.19m x 4.24m

Entrance Hall - 4.25m x 2.66m

Kitchen - 4.53m x 3.78m

Breakfast Room - 3.03m x 2.93m

Cloak Room - 2.40m x 3.99m

Pantry - 3.43m x 3.44m

Scullery - 3.19m x 4.46m

Store - 3.68m x 1.72m

Larder - 2.58m x 2.64m

Laundry - 2.92m x 2.52m

Boiler Room (1) - 1.22m x 2.70m

Boiler Room (2) - 2.90m x 1.36m

Garage/Workshop 6.40m x 4.33m

First Floor

Bedroom 1 - 5.91m x 4.36m

• Dressing Room - 2.83m x 3.03m

• Master Bathroom - 2.53m x 2.83m

• Walk-in Wardrobe - 4.18m x 1.75m

Bedroom 2 - 4.18m x 4.24m

Bedroom 3 - 4.46m x 3.47m

Bedroom 4 - 4.23m x 5.17m

Bedroom 5 - 4.11m x 3.79m

Linen Room - 2.29m x 2.12m

Family Bathroom - 3.77m x 2.34m

W/C - 4.19m x 1.43m

Bedroom 6 - 4.23m x 3.85m

Bedroom 7 - 4.17m x 3.05m

Bedroom 8 - 3.12m x 3.07m

Easthorpe Lodge - Energy Performance Certificate

Page 8: OUTSTANDING RESIDENTIAL DEVELOPMENT OPPORTUNITY€¦ · VALE END HOUSE Situated to the south of Easthorpe Lodge, "Vale End House" is available by separate negotiation and comprises

Easthorpe Lodge - Lot 2

Page 9: OUTSTANDING RESIDENTIAL DEVELOPMENT OPPORTUNITY€¦ · VALE END HOUSE Situated to the south of Easthorpe Lodge, "Vale End House" is available by separate negotiation and comprises
Page 10: OUTSTANDING RESIDENTIAL DEVELOPMENT OPPORTUNITY€¦ · VALE END HOUSE Situated to the south of Easthorpe Lodge, "Vale End House" is available by separate negotiation and comprises

Conditions under which these particulars are issued All statements contained in these particulars are provided in good faith and believed to be correct, but Mather Jamie for themselves and the Vendors/Lessors of this property for whom they act give notice that:- These particulars do not and shall not constitute, in whole or in part, an offer or a contract or part thereof, and Mather Jamie have no authority to make or enter into any such offer or contract. All statements contained in these particulars are made without acceptance of any liability in negligence or otherwise by Mather Jamie, for themselves or for the Vendors/Lessors. None of the statements contained in these particulars is to be relied on as a statement or representation of fact or warranty on any matter whatsoever, and prospective purchasers must satisfy themselves by whatever means necessary as to the correctness of any statements contained within these particulars. The Vendors/Lessors do not make, give or imply, whether in these particulars or otherwise, any representation or warranty whatsoever in relation to the property, nor do Mather Jamie or any person in their employment have any authority to make, give or imply any such representation or warranty. This statement does not affect any potential liability under the Property Misdescriptions Act 1991. Particulars issued August 2018.

METHOD OF SALE

Offers are invited on an Informal Tender basis and are to be submitted to Robert Cole and Gary Kirk at Mather Jamie

by email by 12.00 Noon, Friday 14th September 2018 using the offer pro-forma which is available from the

microsite. The land will be sold freehold with vacant possession on legal completion.

ALTERNATIVE LOTTING

Offers are invited for Lot 1 which comprises the consented residential development land element of the sale.

Potential purchasers are also invited to bid for the site as a whole including Lot 2 which comprises Easthorpe Lodge.

The Vendor’s preference is to sell the site in accordance with the lotting as defined within this brochure however

alternative lotting suggestions are invited and interested parties who wish to discuss this are asked to contact the

selling agents in advance of the bid deadline.

VIEWING ARRANGEMENTS

Viewing of the site and Easthorpe Lodge is permitted during daylight hours by appointment only. Interested parties

are asked to take along a copy of this brochure and to ensure that any gates are locked following their visit. No

responsibility is accepted for the health and safety of people visiting the site by the Agents or the Landowner.

MICROSITE & TECHNICAL INFORMATION

Interested Parties are encouraged to view the sale website - www.matherjamie.co.uk/easthorpe

The microsite provides a complete suite of technical reports and surveys which were submitted to Melton Borough

Council as part of the planning application. Title and land registry details, utilities information, and approved

drawings are also provided. The microsite may be updated following receipt of any other additional information and

interested parties are advised to re-check the website periodically. All external reports and surveys will be assigned

to the purchaser on legal completion and a Letter of Reliance will be provided from consultants confirming use and

reliability of the relevant reports, where possible.

TW Land Co have prepared a Market Research Report to inform interest parties of the sales values which are

expected to be achievable and this information has been made available as part of the technical information. The

Selling Agents do not warrant the information provided by TW Land Co and interested parties are advised to arrive

at their own conclusions in terms of sales values.

Please contact Mather Jamie in order to obtain a password to access the sale website

SELLING AGENTS Gary Kirk Robert Cole

Email: [email protected] Email: [email protected]

Tele: 01509 233433 Tele: 01509 233433

Mob: 07917 851025 Mob: 07970 768712