www.savills.co.uk/marlboroughpark

■ Serviced greenfield residential development opportunity

■ Outline planning permission for up to 163 residential dwellings

■ 25% affordable housing

■ Gross site area extends to 9.98 acres (4.04 hectares)

■ Accessed off Pipers Way

■ 1.6 miles south of Swindon town centre and 3.8 miles from J15 of the M4

■ Offers are invited on an unconditional and conditional basis

■ The vendor will consider alternative deal structures such as joint ventures, build licenses or deferment

■ Deadline for offers: Midday Thursday 26th July 2018

Pipers Way, Swindon, SN3 1SA

Residential Development OpportunityMarlborough Park

Swindon Swindon is located within the M4 corridor between Bristol and Reading. The town benefits from excellent transport links via the M4 from Wales to London and direct services from Swindon train station to London, Bristol and Swansea.

The strong transport links make the town attractive to employers with several international businesses present locally. This coupled with direct access to the Wiltshire countryside makes Swindon desirable for residents.

Swindon’s population is 218,580 (ONS 2016 mid-year estimate) and it has been made a key target for growth both in terms of employment and housing.

It has proved to be a successful location for most of the UK’s volume housebuilders and the majority have operated within the town and the immediate area.

National Network

NOT TO SCALE

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The Cartographic & Design Team, Wessex House, Wimborne, Dorset. BH21 1PBTel: (01202) 856800

NOTE - Reproduced from the Ordnance Survey Map with thepermission of the Controller of H.M. Stationery Office.© Crown copyright licence number 100024244 Savills (UK) Limited

MCL: Date: 11/06/201824875/MARLBOROUGH PK_LOCATION rA

NOTE - Published for the purposes of identification only andalthough believed to be correct its accuracy is not guaranteed.

Marlborough ParkMarlborough Park is located within the southern suburbs of Swindon, adjacent to the Broome Golf Course. The local area offers various services and amenities with the Old Town’s comprehensive facilities a short distance away (approximately 1 mile).

Places for People purchased Marlborough Park in 2006. They subsequently developed a comprehensive masterplan of which phase 1 was completed in 2010.

Their vision for Marlborough Park is to create a destination where “excellence comes as standard”. They have utilised modern construction methods to achieve this vision while placing significant value on creating a sense of belonging.

The balance of the masterplan totals approximately 37.8 acres (15.3 hectares) and Places for People are currently on-site delivering the latest phase, which totals 91 dwellings with completion expected in Q2 2019.

Places for People are currently revisiting the retirement living element of the masterplan with an application in for custom build housing.

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The Cartographic & Design Team, Wessex House, Wimborne, Dorset. BH21 1PBTel: (01202) 856800

NOTE - Reproduced from the Ordnance Survey Map with thepermission of the Controller of H.M. Stationery Office.© Crown copyright licence number 100024244 Savills (UK) Limited

MCL: Date: 15/06/201824875/MARLBOROUGH PK_BROC

NOTE - Published for the purposes of identification only andalthough believed to be correct its accuracy is not guaranteed.

Destination Drive (miles) Train (hrs)

London 80 miles 1 hour

Reading 40 miles 30 minutes

Bath 33 miles 30 minutes

Bristol 55 miles 45 minutes

Destination Distance

Swindon Old Town 1.1 miles

M4 J15 3.8 miles

Swindon Rail Station 2.6 miles

The Site The site available for disposal is a 9.98 acres (4.04 hectares) serviced greenfield site occupying the south west corner of the masterplan.

It benefits from access off Pipers Way and will later be integrated with the balance of Marlborough Park via the proposed estate road’s junction in the north east corner.

The site slopes gently from north to south offering views of the golf course and countryside beyond.

The site is bound to the south by Broome Manor Golf Course, to the north by Wakefield House office complex and to the west by the Broome Manor allotments.

The eastern boundary is formed by landscaped public open space delivered in accordance with the outline planning permission. This serves to divide the disposal site from the remainder of the masterplan.

In addition to the public open space, the site has a primary road delivered to base course.

A pumping station has been built but is not yet equipped. This is located in the south west corner of the site.

Planning A hybrid application (S/OUT/15/2051) was granted on 10th April 2017 for a mix of residential development. The full permission details consent for 91 dwellings & 74 age-restricted retirement dwellings.

The application includes an outline proposal for up to 313 dwellings, public open space and play area.

Places for People have advised that of the 313 units, the disposal site will be allocated 163 units.

The outline permission includes a requirement for 76 affordable units. Places for People have advised that 41 of these must be developed on the disposal site. This equates to 25.2% affordable housing.

A summary of the disposal site’s allocation is a follows:

Planning Obligations All Section 106 and 278 costs have been discharged by Places for People.

Swindon Borough Council adopted their Community Infrastructure Levy (CIL) charge rate in 2015 which has since been subject to indexation. The current indexed CIL rate will be levied on the open market residential accommodation.

ServicesWe understand that all mains services are available within the vicinity of the site although it will be the responsibility of prospective purchasers to make their own enquiries. Further details are available in the Data Room.

Estate Charges Estate charges will be applied to meet the costs of the elements of the development not adopted by the Local Authority.

Further details are available in the Data Room.

Tenure The site is owned freehold and to be sold with vacant possession.

Local Network

Marlborough Park Masterplan

Tenure Type No. of Units

Open Market 122

Affordable Rent 18

Shared Ownership 23

Total 163

Important Notice

Savills, their clients and any joint agents give notice that:

1. They have no authority to make or give any representations or warranties in relation to the property. 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.

June 2018

Adam GreenhalghDL:+44 (0) 117 910 0352M:+44 (0) 7989 697 426adam.greenhalgh@savills.com

Ben Taylor DL: +44 (0) 117 910 0305M: + 44(0) 7812 965 327 btaylor@savills.com

Savills (UK) Ltd Embassy HouseQueens Avenue Clifton, BristolBS8 1SB

www.savills.co.uk/marlboroughpark Subject to Contract

Viewings The site can be viewed from the access road off Pipers Way but all viewings should, ideally, be arranged through Savills. Please contact Adam Greenhalgh whose contact details can be found below.

Method of SaleThe site is to be sold by Informal Tender.

Unconditional and conditional offers are invited for the freehold interest on flexible terms.

The vendor will consider alternative deal structures such as joint ventures, build licenses or deferment.

The vendor is not obliged to accept the highest or any offer.

VATWe understand that the disposal site is elected for VAT and will be charged in addition where appropriate.

Submission DeadlineThe closing date for bids is Midday Thursday 26th July 2018.

Bids can be received by post or email and should be marked for the attention of Ben Taylor whose contact details can be found below.