Market Road, Thrapston: Price: Price on application

Market Road, ThrapstonMarket Road, ThrapstonMarket Road, Thrapston


Full Details:

LOCATION
Thrapston is at the centre of one of the fastest growing regions in the country and is strategically located, at the crossroads of two important regional and national routes, being the A14 and A45/A605. The A14 provides an important dual carriageway link between the A1 at Huntingdon and the M1/M6 at Catthorpe. It is also part of the main distribution route between the east coast ports of Harwich and Felixstowe and the Midlands.

The A45/A605, links the M1 at Northampton with the A1 at Peterborough providing an important north/south route across the country. Rail services are available to London, a journey’s time of approximately one hour, from Kettering (10 miles), Wellingborough (12 miles), Huntingdon (17 miles) and Peterborough (20 miles).

The town has a population of around 6,500 people which will grow as a consequence of the development of 650 houses which is taking place to the south of the town and which immediately adjoins the site. The town has a wide range of facilities to offer with a variety of shops and amenities within its centre. It is served by a primary school with secondary education provided at the nearby Prince William School in Oundle. The excellent highway communications make other important regional centres readily accessible, including Peterborough (20 miles), Northampton (21 miles) and Bedford (21 miles).

DESCRIPTION
The site extends to approximately 0.976 acres (0.395 hectares) and is located on the corner of Huntingdon Road and Market Road, occupying a prominent position on one of the main entrances into the town and approximately 400 metres from the town centre. The site is situated on the frontage of a current residential development site being undertaken by David Wilson Homes and known as The Nurseries. The site has access from the new residential estate road built as part of that development.

The site forms part of the overall development scheme and is currently consented for the development of a medical facility and was zoned as such on the Masterplan which formed part of the outline planning permission detailed below. The site was formerly occupied by residential properties but is now a cleared site. The site is fronted by a number of mature trees which are subject to Tree Preservation Orders.

SERVICES
Further information on services is contained within the Information Pack, although service provision for the site has been secured as part of the adjoining residential development. Connection points have been provided for a 5 litre per second attenuated discharge of surface water from the site and a 3 litre per second foul water discharge from the site. A 50mm spur for connection to the water main has also been provided. Electricity and Gas Mains are located in Market Road at the frontage of the site, and are understood to be available for direct connection.


TERMS
Tenure and Method of Sale
The freehold interest in the site is being offered for sale by Private Treaty. The landowner will consider offers which are conditional upon the grant of an alternative planning permission, although prospective purchasers must make clear their specific proposals and any planning enquiries that have been made in support of their intended use/development. Full details of the conditional nature of any offer must be clearly set out.

PLANNING
The site is currently consented as part of a larger residential development scheme involving the construction of up to 450 dwellings on land off Market Road and Huntingdon Road and running up to the A14 and A605. As part of the Outline Permission the site was zoned for use as a medical facility (D2 Use). The Outline Permission referenced 07/02457/OUT was approved by East Northamptonshire Council on 19 February 2015. Reserved Matters approval has subsequently been granted for the residential development which is currently being built out by David Wilson Homes. Prior to this the site had an earlier consent for the development of a doctor’s surgery and residential development, EN/04/01328/OUT. The site may be suitable for a number of alternative uses, subject to planning, and its prominent location would lend towards a prestige development.

SECTION 106 AGREEMENT
A Section 106 Agreement was entered into by the Landowner pursuant to the outline permission. The obligations and financial payments secured by that agreement relate to the residential development and are to be fulfilled by David Wilson Homes. The agreement imposed no financial obligations on the development of a medical facility. Please note that any alternative planning consent for the site may attract S106 obligations which will be the responsibility of the purchaser.

OTHER
Information Pack
An Information Pack is available to interested parties from the selling agents and we recommend that all prospective purchasers review the information provided. The Pack includes:

a) Outline Planning Permission dated 19th February 2015
b) Section 106 Agreement dated 6th February 2015
c) Topographical Survey (CAD and PDF)
d) Ground Investigation Report
e) Relevant Planning Application Information.
f) As Laid Service Plans
g) Tree Preservation Order

VIEWING
The site can be inspected from Market Road, Thrapston. For further information or to arrange a walkover inspection of the site, please contact the Agent. Please note that the site is adjacent to the David Wilson Homes development and any access must comply with Health and Safety requirements.