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FOR SALE Partially completed residential development New Park Lane, The Ridge, Mansfield, Nottinghamshire NG18 2AT New Park Lane, The Ridge, Mansfield, Nottinghamshire NG18 2AT • Partially completed, freehold residential development site • 2.94 acres (1.19 hectares) in a sought after area of Mansfield • To provide a mix of 2, 3, 4 and 5 bedroom houses • Includes planning consent for 18 x two bedroom apartments • A mix of land, shell condition units, the former Manor House and show home • Parkland setting within the grounds of a former Victorian manor house • Potential to vary the existing planning consent and S106 Agreement Introduction A rare opportunity to acquire a partially completed residential development site in a sought after suburb of Mansfield. The subject site comprises the second phase of a development of 23 executive 2,3,4 & 5 bedroom houses and 18 x 2 Bedroom luxury apartments within a secure gated development with the exception of Plots 41-43 which are situated on Carlton Street. The first phase of 11 houses has been completed and the units sold off. We are instructed by the developer to manage the sale of Plots 2,13,14,15-38,40 and 41-43 inclusive which are at varying stages of completion comprising a mix of land, shell condition units, the former Manor House (conversion) and show home. New Park Lane, The Ridge, Mansfield, Nottinghamshire NG18 2AT SHEFFIELD ROTHERHAM A61 M1 Location A60 C H WOODHOU E A60 S T E The main site is accessed via a gated entrance to the R F I E end of The Park, a tree lined residential road situated L D CHESTERFIELD R SE O J29 on the northern outskirts of Mansfield town centre A ROA RAVENS D DA A1 LE A617 NE RO in a parkland setting. Access to Plots 41-43 is via D A A L D R H SHIREBROOK O AT S B Carlton Street, which runs parallel to the main site. E M NEW OLLERTON A R Y S A616 The Park is directly accessed off Park Avenue which T MANSFIELD A61 R E E T SHOPPING A60 connects the development with the A60, a main CENTRE BUS MANSFIELD arterial route into Mansfield town centre and STATION B6030 NEWARK Y SUTTON A617 A IN ASHFIELD ON TRENT W SOUTHWELL Nottingham city centre approximately 12 miles A38 S ER A6191 ALFRETON AD ET J28 A60 P R KIRBY beyond. The development is within walking distance ST O IN ASHFORD ST PETERS CK H HUCKNALL SUTTON RO RETAIL PARK IL of the renowned academy school, The Brunts, the D L A J26 O R A60 green flag nominated Carr Bank Park and the banks M A WATER MEADOWS of the River Maun. H LEISURE CENTRE A31 Portland G N M1 RETAIL PARK MANSFIELD I T T O B6030 NOTTINGHAM Mansfield is a market town in Nottinghamshire, MANSFIELD N A6191 F.C. A52 P nestling in a pocket within the Maun Valley and O J25 R T D within 7 miles of Junctions 28 and 29 of the E L OA A52 N A R Y LA T DERBY RR N ES A D R M1 Motorway. U O Q S F T MANSFIELD R LEISURE PARK E J24 E T A6 M1 LOUGHBOROUGH A60 Image shows houses sold off under phase one. New Park Lane, The Ridge, Mansfield, Nottinghamshire NG18 2AT Description The property offered for sale comprises a partially completed development of 31 proposed Units. The development now known as New Park Lane, The Ridge, sits on the site of a former Victorian Manor House and extends to 2.94 acres (1.19 hectares) and comprises the following Plots: • Plot 2 (Show home) • Plot 37 Situated at the front of the development Known as The Stables and forming part and comprises a three storey 4 bedroom of the former Manor House, having town house close to practical completion, planning consent to convert to a save for minor snagging works and 3 bedroom house. The property has regulatory documents. been stripped back to a shell with some internal partitioning forming the proposed rooms to be constructed. • Plot 13 A detached four bedroom house which is • Plot 38 largely complete to second fix stage Known as The Ridge and being the requiring final finishing works. former Manor House, having planning consent to convert to a 5 bedroom house falling outside the gated scheme. The • Plot 14 property has been substantially stripped The plot comprises a parcel of back to a shell throughout with some development land with planning consent internal partitioning forming the proposed rooms to be constructed. for a detached 4 bedroom house, although no work has commenced. • Plot 40 A detached 4 bedroom house which has • Plots 15-32 been constructed to a shell condition The plot comprises a parcel of requiring internal finishing works falling development land with planning consent outside the gated scheme. for 18 x two bedroom apartments, although no work has commenced. • Plots 41-43 These properties have been designated as affordable housing units and comprise • Plots 33-36 a terrace of 3 x 2 and 3 bedroom houses A terrace of 4 x 4 bedroomed town which have been constructed to a shell houses completed to a shell condition. condition requiring internal finishing works falling outside the gated sheme. New Park Lane, The Ridge, Mansfield, Nottinghamshire NG18 2AT A K E R Y 1 0 W 1 2 A Y 1 C F y d 4 B d o r 2 t 5 a 0 1 t W o & 1 0 D E 1 4 1 1 7 t o 1 1 1 2 7 3 2 Planning C A R 1 8 t L o 2 T 3 O Planning permission was initially granted on N S T 2 4 t R 4 o 2 the 22 July 2013 under application reference E 4 9 E T 2012/0442/NT for the conversion of the existing 3 3 property to 2 No. dwellings, construction of 5 6 23 No. dwellings, 18 No. apartments and 3 R a i lw a associated works. y 7 4 39 A further consent was granted on the 10 August 6 8 C 2016 under application reference 2014/0699/NT O The Ridge L L E G E to vary condition No.2 of the above planning S E I N D A E L K 7 1 permission to amend the design of the dwellings 6 R A P W E N on Plots 1-10 and the alignment of the road. 1 Lochbuie Court Interested parties are advised to make their own planning related enquiries to Mansfield Brumble House 1 District Council. S Lochbuie U NN Cottage YC RO Springbank FT 6 CO 1 U RT 2 8 6 0 4 9 5 9 8 Properties already Sold. 5 30 Orchard View 0m 25m 50m 75m SP For identification purposes only. Lochbuie Ashdale Section 106 Agreement The developer entered into a Section 106 Agreement dated 22 July 2013. This includes a developer contribution towards education, highway works and the affordable housing requirements as detailed below: Education - £80,000 Highway Works – Improvements to The Park (approach road) Affordable Housing – 9 x Units or an affordable housing contribution of £25,000 per Unit New Park Lane, The Ridge, Mansfield, Nottinghamshire NG18 2AT Tenure We understand the site is held freehold under Title Number NT381791. Terms We are seeking offers for the freehold interest in Title Number NT381791 with vacant possession. Access will be provided to a Data Room of information we have collated. The Further Information and Data Room Access information is provided on a without liability and prejudiced basis. All interest parties should undertake their own due diligence. For further information or access to the Data Room, please contact: Legal Costs Each party to be responsible for their own legal costs incurred in any transaction. Nick Blackwell T: 0114 275 3752 E: [email protected] VAT All prices are quoted exclusive of VAT at the prevailing rate. Lucy McDowell T: 0113 245 9393 E: [email protected] Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that:(1) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (2) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (3) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (4) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position.