Land at abbey RoadWest Bridgford, Nottingham, NG2 5NE

For Sale

Prime Residential Development Opportunity

2Land at Abbey Road West bridgford, nottingham nG2 5ne

The ViSion a planning applicaction has recently been submitted on this prime residential development Site, for the demolition of existing buildings and the construction of up to 76 units on the site, of which 30% will provide affordable accommodation.

the Site is conveniently situated in West bridgford, a sought after residential suburb of nottingham.

the redevelopment of the abbey Road depot will create an exciting new community in the West bridgford area, ensuring it embraces the full benefits of town centre living.

the scheme will aim to provide high quality modern homes and open space to create a fully integrated new community within walking distance of West bridgford town centre.

We anticipate the proposed development will provide a distinctive and high quality modern place through a well-designed layout.

CGI produced by allan Joyce architects

3Land at Abbey Road West bridgford, nottingham nG2 5ne

LocaTionthe Site is located in the desirable town of West bridgford, which lies around two miles south of nottingham city centre and immediately south of the River trent. the town is a highly sought after residential location with a population of around 45,000 (Census 2011).

West bridgford‘s town centre is located within 0.5 miles (0.8km) of the subject Site and benefits from a range of independent and national retail and leisure operators including Marks & Spencer’s Simply Food, boots, oliver bonas, Carluccios, Pizza express and Cote. It is also home to nottingham’s main sporting venues; trent bridge Cricket Ground, nottingham Forest Football Club’s City Ground, notts County’s City Ground as well as the national Water Sports Centre at Holme Pierrepont, which is located 2 miles (3.2 km) east of the town.

West bridgford benefits from excellent road connections being bordered by the a52, providing access east to derby (approx 17 miles / 23km) and west to Grantham (approx 23 miles / 37 km). the a46 affords access south to Leicester (approx 25 miles / 40 km) with Junctions 24 and 25 of the M1 Motorway being 10 and 9 miles (approx 16km and 14km) east of the town, respectively. West bridgford also provides excellent access to the a606, a60 and a453 which in turn lead to a number of surrounding suburbs, towns and cities.

West bridgford is also well-serviced by the public bus network which provides regular connections into nottingham city centre and the surrounding localities.

the nearest railway station is nottingham, although West bridgford provides easy access to newark northgate Station, east Midlands Parkway and Grantham Station. the fastest journey time to London is just under 62 minutes from Grantham Station.

the abbey Road Site is situated within the abbey Road Primary School and Rushcliffe School catchment area, both of which are within walking distance of the Site.

DeScripTionthe Site comprises a relatively flat brownfield Site situated on abbey Road, although it does benefit from two access points off abbey Road and buckfast Way. the depot is located in a desirable residential area and is bound to the north, south and west by existing residential dwellings and to the east is abbey Road Primary School and West bridgford allotments.

the Site is currently in use as a Recycling depot, used for the storage of Rushcliffe borough Councils refuse trucks, sorting of recyclables and vehicle maintenance. the south of the Site is currently occupied as an Mot garage, accessed off buckfast Way.

NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100024244 Savills (L&P) Limited.

4Land at Abbey Road West bridgford, nottingham nG2 5ne

For the avoidance of doubt, the Site is to be sold with vacant possession upon completion.

In total we estimate the Site extends to approximately 1.9 ha (4.7 acres).

pLanningan outline planning application has been submitted for the demolition of existing buildings and the residential development of up to 76 dwellings. of the 76 proposed dwellings, 30% are to be affordable units based on current policy. the affordable housing should be split as follows: 55-60% Rented and 35-40% Shared ownership.

the application leaves all matters reserved except for access. there are two access points proposed on Site which are off abbey Road and buckfast Way. these closely mirror the current access points for commercial use.

on-site car parking provision as well as open space will also be provided.

The planning application is available on Rushcliffe Borough Council’s website under reference 19/00678/OUT.

Particular reference should be made to the design Code which is available on the Rushcliffe borough Council website and in the Savills dataroom.

SecTion 106 agreemenTthe Section 106 agreement is yet to be agreed. We anticipate the final agreed version will be circulated to interested parties by the agents prior to the Informal tender deadline. a draft copy will also be made available on the dedicated datasite.

Red line planning application plan.

5Land at Abbey Road West bridgford, nottingham nG2 5ne

SerViceSPurchasers are required to undertake their own investigations as to the capacity and capability of the services for their proposed scheme.

LocaL pLanning auThoriTy & highwaySInterested parties are encouraged to undertake their own due diligence with the local authority to support their offer.

Planning application proposed layout. CGI produced by allan Joyce architects

ImPORtANt NOtIcE

Maps are reproduced from the ordnance Survey Map with the permission of the Controller of H.M. Stationery office. © Crown copyright licence number 100022432 Savills (UK) Ltd, and published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.

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.

3. any CGI images used in this brochure are the property of allen Joyce arhcitects Ltd

designed and Produced by Savills Marketing: 020 7499 8644 | May 2019

6Land at Abbey Road West bridgford, nottingham nG2 5ne 6

DaTaSiTe inFormaTionall pertinent Site information is available on a dedicated website hosted by Savills. the information can be found at:

https://sites.savills.com/AbbeyRoadWestBridgford/

the following documents are available on the datasite (this list is not exhaustive):

• Design & Access Statement

• Masterplan

• Ecology Report

• Site Location Plan

• Phase 1 & 2 Site Investigation

Tenurethe Site is held freehold and is available with vacant possession upon legal completion.

VaTWe understand that Vat will not be chargeable on this transactions. this is subject to confirmation from the Seller’s Solicitor.

meThoD oF SaLethe Site is offered for sale by way of Informal tender.

We are inviting offers on a subject to Reserved Matters approval basis, to allow the Seller, Rushcliffe borough Council, to have an involvment in the scheme design prior to Reserved Matters approval. Please note that particular reference should be given to the design Code that forms part of the Planning application.

We are inviting expressions of Interests by noon on Tuesday 28 May 2019.

Informal tender deadline for offers noon on Wednesday 19th June 2019.

offers should be made in writing, should not relate to any other offer and should include the following:

• Details of the proposed scheme including indicative layout and elevations / drawings

• Conditions associated with the offer

• Proposed timescales for exchange and completion

• Solicitors details

• Payment profile and availability of funds

• Any overage provisions above 76 units

Please note that the Seller is not obligated to accept the highest offer or indeed any bid submitted during the marketing process.

expressions of Interest and Informal tender offers should be addressed to Ann taylor at Savills development team, nottingham and should be submitted in hard copy or via email to ataylor@savills.com and Phoebe clark pclark@savills.com

Viewing arrangemenTSthe Site can be viewed externally from abbey Road but please notify the agent before visiting the Site.

the Site is currently tenanted and therefore on Site inspections are to be organised through Savills only.

Prospective purchasers should be aware inspections are made entirely at their own risk and the Seller or their agents accept no liability arising from such inspections.

conTacTFor further information please contact either of the selling agents

Savillsenfield Chambers18 Low Pavementnottingham nG1 7dG

Ann taylorSavills+ 44 (0) 115 934 8174+44 (0) 7866 813 685ataylor@savills.com

Phoebe clarkSavills+ 44 (0) 115 934 8129+44 (0) 7971 071 929pclark@savills.com