Land : Halstead

Approximately 20.25 hectares (50.03 acres) with approximately 6.5 hectares (16.06) of developable land.

Outline planning permission granted for up to 205 dwellings, 0.51 ha for apartments with care (C2 use class), planting, landscaping, public open space and children's play area and sustainable drainage system (SuDS).  All matters reserved with the exception of three access points.

POA

Description

Approximately 20.25 hectares (50.03 acres) with approximately 6.5 hectares (16.06) of developable land.

Outline planning permission granted for up to 205 dwellings, 0.51 ha for apartments with care (C2 use class), planting, landscaping, public open space and children's play area and sustainable drainage system (SuDS).  All matters reserved with the exception of three access points.

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Method of Sale

The site is being offered for sale via an informal tender.  Best offers are to be submitted to Martin Jordan at Whirledge & Nott and Karl Edwards at Gladman Developments via email by 12:00 noon, Wednesday, 31st January 2018.  All offers will be acknowledged shortly after the bid date.

Preference will be given to unconditional offers subject to contract only.  Any conditional offers are required to clearly specify any conditions attached.

Bidders are asked to provide a summary of any abnormal cost assumptions used in formulating their proposal.  If an element of payment deferral is required, this should be outlined as part of any proposal.

Further tender requirements will be provided shortly before the bid date.

Location

The site is located approximately 900m north of the facilities and amenities of the market town of Halstead and is bound by residential land to the south, Sudbury Road to the west and agricultural land bounding the northern and eastern boundaries.

Halstead has a population of 12,218 (2014 Census) and possesses a range of services and facilities, with both primary and secondary schooling facilities available in the town.

Braintree town centre and train station are within approximately 7.5 miles of the site (and are facilitated by regular bus services, with a bus stop approximately a 2 minute walk away), providing direct rail access to Chelmsford (approximately 25 minutes); London Liverpool Street (approximately 1 hour); and Colchester (approximately 45 minutes with 1 change).  The site also benefits from its close proximity to the A131 and A1124 offering good connections to Sudbury (approximately 8 miles), Colchester (approximately 14 miles) and Chelmsford (approximately 18 miles).

Description

The total site extends to approximately 20.25 ha (50.03 acres) and is predominantly greenfield and used for agricultural purposes.

The proposed development covers an area of approximately 6.5 ha (16.06 acres) and has been designed to incorporate a range of properties with a potential density of up to 31 dwellings per hectare.

Planning Permission

Outline Planning Permission, subject to a Section 106 agreement, has been granted for up to 205 dwellings including 0.51 ha for apartments with care (C2 use class), planting, landscaping, public open space and children's play area and sustainable drainage system (SuDS) on 9th November 2017 under LPA reference 17/000575/OUT.

The data room contains the formal decision notice and completion Section 106 Agreement together with the relevant planning and technical reports.

Affordable Housing

Please allow for 30% affordable housing with a tenure split of 70% social rented and 30% intermediate secured under the Section 106.

Further details on this element of the development, including offers from locally active Registered Providers (RPs) for the completed units will be supplied and uploaded to the Data Room on or before the offers due by date.  This information is provided to inform offers and we advise prospective purchasers should also seek their own assurances in this regard.

Phase II Site Investigation

A Phase II site investigation has been commissioned and it is the intention that this report will be circulated prior to the offer due by date.

Any associated costs arising from the site investigations (if any) above standard construction costs should be clearly stated and included within any offer to arrive at a net land value.

Data Room and Information

The provided link and login details gives access to the complete suite of technical reports and surveys, which were submitted to Braintree District Council as part of the planning application process.  Title and registry details, utilities information and approved drawings are also provided.

The Data Room will be updated following receipt of Registered Provider offers for the affordable dwellings, a Phase II Site Investigation which has been commissioned and any other additional information to inform bids.

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/documents in connection with the development of the site.

Parties will need to confirm that they have taken full account of this information in their offers.

Services

Purchasers must make their own inquiries to ensure that the necessary services are available to meet their requirements.  An initial services report is provided in the Data Room. 

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Rayleigh OFFICE

For further information or to arrange to view this property please call us on 01268 783377 or email us.