Price on application
Site Area 7.88 ACRES (3.19 hectares) FOR SALE AS A WHOLE BY INFORMAL TENDER. BIDS REQUIRED BY 12 NOON ON 2ND SEPTEMBER 2021. Outline Planning Permission (subject to completion of S106 agreement) for up to 50 Residential Dwellings. Well located site on the edge of a conservation area in an attractive Bedfordshire village.
The site is located to the edge of Roxton which is a desirable village close to Bedfordshire/ Cambridgeshire borders. Roxton benefits from several services including public house, places of worship, primary school, a village hall and a nearby garden centre and farm shop.
Roxton is well located with excellent access to major transport links nearby. The A1, A428 and A421 are all close by with easy access to Sandy (5.5 miles), Bedford (10 miles) and St Neots (6 miles) all of which benefit from main line train services to London with journey times of less than an hour for Bedford and Sandy and just over an hour for St Neots. Roxton will also lie close to the proposed new East West Rail line which will connect Oxford and Cambridge. The proposals include a new station between Sandy and St Neots on a connection point with the East Coast Main Line.
The site extends to approximately 7.88 acres (3.19 hectares) and has access to School Lane across an existing access road (subject to third party rights of way) which will need widening and upgrading as required by the Planning Permission.
TENURE AND POSSESSION
The property is subject to an Agricultural Holdings Act tenancy. A deed of surrender has been agreed with the Tenant.
EASEMENTS, WAYLEAVES AND RIGHTS OF WAY
An Anglian Water Foul Water Main crosses the site. The relocation of the Foul Water Main is likely to be required as part of the development of the site. Third parties benefit from a right of access across part of the existing access road from School Lane. There is a public footpath along the western boundary of the site. The property is sold subject to any easements, wayleaves or rights of way across the property whether mentioned in these particulars or not.
Further information on services is contained within the Information Pack. We recommend that prospective purchasers also make their own enquiries to service providers.
Water Supplies: Anglian Water
Foul Drainage: Anglian Water
Electricity: UK Power Networks
The seller reserves the right to waive their exemption from charging VAT on the land. It is therefore likely that the purchase price will be subject to VAT. All offers should be submitted exclusive of VAT.
The Outline Planning Application was reported to planning committee on the 27th April 2021 where the committee resolved to approve the application subject to completion of a Section 106 agreement. This permission was for the erection of up to 50 dwellings, with associated landscaping, open space, vehicular access and parking provision. Save for access, all matters are reserved for subsequent approval.
The Local Authority Application Reference is 21/00014/MAO.
Manor Oak have produced a Proving Layout Plan of the site to accompany the planning application showing an indicative layout of 50 residential units of which 15 are affordable housing dwellings (30%).
The Master Plan also allows for areas of public open space and appropriate landscaping. The Master Plan achieves a net residential development area of 4.20 acres (1.70 hectares) with an approximate gross density across the whole site of 15.67 dwellings per hectare.
SECTION 106 AGREEMENT
A Section 106 Agreement is currently being agreed between the parties and a copy of the Draft Section 106 Agreement is contained in the Information Pack. Community Infrastructure Levy applies to all new residential development in Bedford Borough Council.
The purchaser of the property will be expected to enter into appropriate Overage documentation to secure payment of further consideration to the seller.
An Information Pack is available to interested parties and we recommend that all prospective purchasers review the information provided. A password to access the Information Pack is available through the selling agents.
A separate Legal Pack is available via a data room at the Seller's solicitors (please contact the selling agent for access details). Prospective purchasers are required to read the Legal Pack and submit their offers based on the information provided.
TENURE AND METHOD OF SALE
The freehold interest in the site is being offered for sale by Informal Tender. Bids are required by 12 noon on the 2nd September 2021. All Informal Tenders are to be submitted in a sealed envelope marked “LAND OFF SCHOOL LANE, ROXTON” or by email to email@example.com Copies of the Informal Tender Form are available upon application to the selling agents.
Manor Oak Homes Ltd are acting as Promoter for the seller. Prospective purchasers are advised that neither the seller, their agents, Manor Oak Homes, nor solicitors bind themselves to accept the highest of any tender submitted.
PARTICULARS AREAS AND PLANS
The particulars have been prepared in good faith and are believed to be correct. The plans and areas have been prepared from the Ordnance Survey Map and are similarly believed to be correct. Both are published for identification purposes only and prospective purchasers should satisfy themselves as to their accuracy.
To arrange a walkover inspection of the site, please contact the Agent