Titan Industrial Estate Hogg Lane, Grays, Essex, Rm17 5Du Marketed by Titan Industrial Estate | Hogg Lane, Grays, Essex, Rm17 5Du

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TITAN INDUSTRIAL ESTATE HOGG LANE, GRAYS, ESSEX, RM17 5DU MARKETED BY TITAN INDUSTRIAL ESTATE | HOGG LANE, GRAYS, ESSEX, RM17 5DU

OPPORTUNITY SUMMARY TITAN INDUSTRIAL ESTATE IS AN EDGE OF TOWN CENTRE URBAN REGENERATION OPPORTUNITY IN GRAYS, ESSEX.

• The site is owned Freehold and extends to approximately 35 acres (14 hectares) set within a former quarry. TITAN INDUSTRIAL ESTATE

• Grays town centre is within 0.5 miles.

• Frequent train services to London Fenchurch Street (36 minutes) making for an ideal commuter and PRS location.

• Written representations have been made to Thurrock Council for over 1,000 units. The housing need in this location is significant.

• Masterplan for circa 750 units comprising 50% housing and 50% flats is in progress.

• Considered suitable for a mixture of Residential and Commercial uses.

• Full suite of technical information including geotech, environmental and ecological surveys.

• Offers are invited on a unconditional basis in excess of £50m representing only £1.43m per acre, on flexible payment terms.

OPPORTUNITY LOCAL RESIDENTIAL TRANSPORT & SITE PLANNING AND FURTHER SUMMARY AREA MARKET CONNECTIVITY DESCRIPTION DEVELOPMENT INFORMATION TITAN INDUSTRIAL ESTATE | HOGG LANE, GRAYS, ESSEX, RM17 5DU THE LOCAL AREA Grays is a thriving riverside town in Thurrock, Essex. It is the largest settlement in the borough and situated just 20 miles east of London.

The high street is lively and offers numerous shops, eateries and bars. Popular destination Lakeside Shopping Centre is only 2.1 miles west and provides a wide selection of retailers and two major department stores. It is also a popular MORE THAN 100,000 PEOPLE ARE LOCATED WITHIN A 10 MINUTE AGE 16-24...... 14% choice for evening entertainment with attractions like the DRIVE FROM THE SITE AND 250,000 PEOPLE WITHIN AGE 25-44...... 37% Vue Cinema, Hollywood Bowl and FlipOut. Additionally, 15 MINUTES. Bluewater Shopping Centre, which offers over 300 shops, is AGE 45-65...... 31% 10 miles south of the Site over the Dartford crossing. THE DOMINANT AGE PROFILE IS 25-44. AGE 65+...... 18%

Nearby Grays beach riverside park is a popular play area for children with a café run by local volunteers.

Chalk Quarry Nature Reserve is adjacent to the site and could be accessed through a tunnel under Hogg Lane. It offers 200 acres of open green spaces, walking and cycle tracks and several ponds alive with wildlife. It has picnic areas and a visitor centre.

The nearest primary schools are Belmont Castle and Quarry GRAYS CHALK QUARRY NATURE RESERVE Hill Academy and secondary schools such as Grays Convent and Hathaway Academy. South Essex College has one of its campuses located in the centre of Grays and is a place of study for over 11,000 students.

In less than a mile radius of Grays town centre, TILBURY DOCKS GRAYS TRAIN STATION the housing stock is dominated by two storey GRAYS BEACH RIVERSIDE PARK terraced housing with the exception of some SOUTH ESSEX COLLEGE new build apartments in close proximity to the SUPERMARKET town Centre and station. GRAYS SHOPPING CENTRE

GRAYS TOWN PARK Grays is the subject of significant regeneration funding spurred on by an influx of public and private sector investment. The plans to rejuvenate the town centre are at an advanced stage making it appropriate for developers to deliver residential-led projects. PLAYING FIELD TITAN INDUSTRIAL ESTATE GRAYS CHALK QUARRY NATURE RESERVE Locally, Persimmon Homes have recently completed a 362 unit housing scheme and are under construction with a further 186 units with a larger proportion of flats. Bellway Homes also have a scheme of circa 100 units underway nearby.

Grays is an affordable Help to Buy location with a wide range of amenities appealing to owner occupiers, commuters and renters alike. The recent investment into Grays has helped Thurrock experience house price growth of 41% over the GRAYS REGENERATION past 5 years, compared to the national average of 22% ( A total of £200 million of investment has been secured for the town including £25 million from the government’s Towns Source: Land Registry). Fund. Planning permission recently obtained for Thurrock Council’s new ‘state of the art’ civic offices within the town centre. NewRiver recently acquired Grays Shopping Centre and have plans to add a new hotel, gym and apartments to New build residential prices of circa £400psf are considered the scheme. Recently crowned the 3rd most resilient high street in the country, gaining 3 new national chains on the high achievable especially within a masterplanned “place street in the first half of 2019 (Source: PWC, Local Data Company). making” scheme moments from the town centre.

OPPORTUNITY LOCAL RESIDENTIAL TRANSPORT & SITE PLANNING AND FURTHER SUMMARY AREA MARKET CONNECTIVITY DESCRIPTION DEVELOPMENT INFORMATION TITAN INDUSTRIAL ESTATE | HOGG LANE, GRAYS, ESSEX, RM17 5DU TRANSPORT & CONNECTIVITY BY TRAIN Grays train station is 0.8 miles south of Titan. Direct trains to London Fenchurch Street run every 15 GRAYS, ESSEX CONNECTED TO LONDON minutes and stop at Barking and West Ham so commuters can be in Zone 1 in less than 40 minutes. An annual season ticket costs from £2,448. Ebbsfleet International is 13 miles south of Grays and provides FENCHURCH STREET LIVERPOOL STREET Eurostar service to Paris, Amsterdam and Brussels. CANARY WHARF BARKING STATION DATFORD CROSSING CITY AIRPORT BY CAR QUEEN ELIZABETH II BRIDGE A13 Grays is very well connected for car transport and LAKESIDE RETAIL PARK the site itself readily reaches the A13 via Hogg Lane providing network to the M25 northbound and the CHAFFORD GORGES NATURE RESERVE A282 south to Dartford over the Dartford crossing. Travelling by car to Central London is approximately 55 minutes.

BY AIRPLANE GRAYS CHALK QUARRY NATURE RESERVE Southend Airport is 21 miles east and offers both GRAYS TRAIN STATION domestic and international flights. City Airport is TITAN INDUSTRIAL ESTATE located 16 miles west. BY BOAT Tilbury Docks, London’s principle port is 3 miles SOUTHEND AIRPORT south east on the north shore of the River Thames. Importation of containers and other bulk cargo means the location could be attractive for the delivery of JOURNEYJOURNEY TIMES TIMES Upminster...... 14 min West Ham...... 25 min Canary Wharf...... 40 min City Airport...... 48 min modular construction on site. It is a terminal for many FROMFROM GRAYSGRAYS Upminster...... 14 min West Ham...... 25 min Canary Wharf...... 40 min City Airport...... 48 min STATION Barking...... 20 min Fenchurch Street...... 36 min Liverpool Street...... 43 min Southend Airport...... 38 min commercial boats and cruise liners. STATION Barking...... 20 min Fenchurch Street...... 36 min Liverpool Street...... 43 min Southend Airport...... 38 min

OPPORTUNITY LOCAL RESIDENTIAL TRANSPORT & SITE PLANNING AND FURTHER SUMMARY AREA MARKET CONNECTIVITY DESCRIPTION DEVELOPMENT INFORMATION TITAN INDUSTRIAL ESTATE | HOGG LANE, GRAYS, ESSEX, RM17 5DU SITE DESCRIPTION Titan is part of one of the UK’s largest independent chemical manufacturing and distribution business that has been operational for almost 50 years. It is situated in a former chalk quarry, at a lower elevation than the surrounding area, bound by chalk cliffs.

The principle access is currently off Hogg Lane on the western boundary however historically there was a connection via Titan Road at the southern point of the site, previously allowing a direct connection to Grays town centre. This may be reinstated subject to highways approval.

The current operation at Titan involves the distribution of water purification chemicals and is being relocated to an alternative site in Thurrock without any consequential loss of employment.

The Site is bounded to the north by garden allotments, to the east by residential properties and a sports field, to the west by Hogg Lane and the Chalk Quarry Nature Reserve and to the south by the Royal Mail Delivery Office.

The existing on-site industrial works are to be closed in a period of c. 18 months.

LEGAL The majority of the site is held Freehold under Title Ref EX178446. There are numerous additional titles within the same ownership details of which are available in the data room files.

Images of the site, which currently remains in operation, photographed in 2019.

OPPORTUNITY LOCAL RESIDENTIAL TRANSPORT & SITE PLANNING AND FURTHER SUMMARY AREA MARKET CONNECTIVITY DESCRIPTION DEVELOPMENT INFORMATION TITAN INDUSTRIAL ESTATE | HOGG LANE, GRAYS, ESSEX, RM17 5DU

PLANNING & DEVELOPMENT

The Site was identified by Thurrock Council for a residential allocation Technical assessments, including geotech, environmental and within the draft Site Specific Allocations and Policies Local Plan in (2013) to ecological surveys, are underway along with historical survey data. accommodate circa 1,100 units and subsequently identified in Grays Town Centre Framework (2017) as a potential opportunity site for residential GROUND UTILITIES/SERVICES development. • Phase II Geotechnical & • Utilities Enquiries & Responses Geo-environmental studies • Wastewater plan Written Representations were submitted to the Council for 1,053 units • Cliff stability report • Foul & Surface Water services in March 2019 and an Outline Application for circa 700 units is being • Archaeology progressed by the vendors to run parallel with the emerging Local Plan. • Flood risk assessment & drainage ECOLOGY • Topographical survey • Habitat plan HIGHWAYS • Tree survey • Ecological Assessments covering • Transport Assessment & plan protected species - Badgers, Bats, • Access review Reptiles etc • Public Open Space requirement • Proposed Site access

OPPORTUNITY LOCAL RESIDENTIAL TRANSPORT & SITE PLANNING AND FURTHER SUMMARY AREA MARKET CONNECTIVITY DESCRIPTION DEVELOPMENT INFORMATION TITAN INDUSTRIAL ESTATE | HOGG LANE, GRAYS, ESSEX, RM17 5DU

Indicative masterplan Alternative higher scheme 700 units, 50% density masterplan PLANNING & housing and 50% flats. scheme 950 units. DEVELOPMENT

The Site presents a major opportunity for the Council to meet its impending housing targets.

This is particularly the case given its urban location and proximity to Grays Town Centre and rail station and could act as a catalyst for regeneration within Grays.

TENURE Freehold. METHOD OF SALE Offers are invited on unconditional basis in excess of £50m subject to vacant possession only on flexible payment terms. Our client reserves the right not to accept the highest, or any offer received. VIEWINGS The site is operational and access is strictly controlled. Please contact Montagu Evans to arrange a viewing. DATA ROOM A data room with the relevant documentation is available to assist potential purchasers in formulating their offers for the site. The link is available on request.

OPPORTUNITY LOCAL RESIDENTIAL TRANSPORT & SITE PLANNING AND FURTHER SUMMARY AREA MARKET CONNECTIVITY DESCRIPTION DEVELOPMENT INFORMATION ENQUIRIES For further information please contact:

SOPHIE WELLESLEY-WOOD DEVELOPMENT AGENCY T: 020 7312 7534 M: 07818 012 437 Email: [email protected] BRUNO JACZKOWSKI DEVELOPMENT AGENCY T: 020 3004 2916 M: 07808 290 847 Email: [email protected] WILL EDMONDS PLANNING T: 020 7312 7410 M: 07818 012 410 Email: [email protected]

Misrepresentation Act 1967 Montagu Evans LLP for themselves and for the vendors or lessors of this property whose agents they are, give notice that: (i) The particulars are set out as a general guideline only for the guidance of intending purchasers or lessees and do not constitute the whole or any part of an offer or contract. (ii) All descriptions, dimensions, references to condition and necessary permissions of the use and occupation, and other details are given in good faith without responsibility whatsoever and any intending purchasers or tenants should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) Neither Montagu Evans LLP nor their employees has any authority to make or give any representation or warranties whatsoever in relation to the property. (iv) Unless otherwise stated, all prices and rents are quoted exclusive of VAT and intending purchasers or lessees must satisfy themselves independently as to the applicable VAT position. (v) All the plans and maps provided within the particulars are for identification purposes only.