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THE OLD ELECTRICITY WORKS Campfield Road, St Albans, Hertfordshire, AL1 5HT

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THE OLD ELECTRICITY WORKS Campfield Road, St Albans, Hertfordshire, AL1 5HT CGI of proposed scheme THE OLD ELECTRICITY WORKS Campfield Road, St Albans, Hertfordshire, AL1 5HT Residential Led Development Opportunity The Old Electricity Works Campfield Road, St Albans, AL1 5HT 2 OPPORTUNITY SUMMARY • A residential-led development opportunity with detailed planning permission located in St Albans, Hertfordshire within the jurisdiction of St Albans City and District Council. • A 0.70 hectare (1.72 acres) site that consists of a former electricity works building along with warehouses and buildings in light industrial use. • Located approximately 0.7 miles (1.1 km) east of St Albans City station which provides direct services into London St Pancras in 21 minutes (Source: National Rail). • The site benefits from a planning permission for the redevelopment of the site to provide 107 residential apartments and 499 sq m (5,371 sq ft) of office floorspace (Application reference: 5/2018/0095). • For sale freehold with vacant possession. CGI of proposed scheme The Old Electricity Works Campfield Road, St Albans, AL1 5HT 3 LOCATION Bdy Ward ED & The site is located on the eastern side of St CF Albans City, Hertfordshire. St Albans is to Way the north of Watford, south of Luton and Alban east of Hemel Hempstead. 82 The site is situated on Campfield Road 10 and the surrounding area is predominantly 8 residential, though there are a number of properties in office and light industrial ROAD 3 LD PFIE use in the immediate vicinity. There are a CAM number of shops, cafés, and restaurants, 9 including a large Morrisons store on Hatfield 1 Road approximately 0.4 miles (0.6 km) 5 El Sub Sta north east of the site. Central St Albans is The Dencora Centre approximately 1.1 miles (1.8 km) to the west rks Wo ty where a wide range of retail stores, food and rici lect ld E beverage outlets and other amenities can be O The found. This includes The Maltings Shopping 2 Centre, Village Arcade and Christopher 61 Place Shopping Centre. Salar House There are a number of areas of public se open space including Clarence Park, ou ix H en 3 Pho approximately 0.6 miles (1km) to the 10 to north west, and Highfield Park which is 1 Apex House approximately 1.1 miles (1.8 km) to the south El Sub Sta east. The St Albans area offers a range of golf, country and other sports clubs rt ou providing an array of local amenities. n C rio 5 ntu Ce 1 to 57 C 1 to The Old Electricity Works is located lem 8 ent approximately 0.7 miles (1.1 km) to the east Court of St Albans City Station which provides Daw n C 10 ourt direct services into London St Pancras in 21 to 94.2m 1 minutes (Source: National Rail). The station Albanian Court 0m 10m 20m 30m 20 o t 1 BA 1 also offers direct services to Luton and K ER S C LO Gatwick Airports and is on the Thameslink Ordnance Survey © Crown Copyright 2018. All rights reserved. SE rail line which runs to Brighton. St Albans Licence number 100022432. Plotted Scale - 1:1250 also benefits from excellent access to the Ordnance Survey © Crown Copyright 2018. All rights reserved. Licence number 100022432. Plotted Scale - 1:15047 national motorway network, being situated approximately 1.3 miles (2.2 km) from the North Orbital Road (A414), which connects with the A1 (M) and M1 motorways. The Old Electricity Works Campfield Road, St Albans, AL1 5HT 4 CGI of proposed scheme The Old Electricity Works Campfield Road, St Albans, AL1 5HT 5 DESCRIPTION The site comprises an existing building known as the Old Electricity Works and a number The site is approximately 0.70 hectares (1.72 acres) and is bounded by Campfield Road to of other 2-3 storey light industrial buildings. The Old Electricity Works building has been the north, residential dwellings to the south, a motor repairs workshop to the east, and office converted into an office space and the warehouse buildings to the rear are currently used buildings to the west. The surrounding area broadly consists of residential properties of by a builders merchant. The large yard at the rear of the site is used to store materials and varying kind, with two storey detached and semi-detached houses along Campfield Road, equipment for the builders merchant. with new build flatted developments found along Camp Road. CGI of proposed scheme The Old Electricity Works Campfield Road, St Albans, AL1 5HT 6 PROPOSED DEVELOPMENT PLANNING & SECTION 106 The approved scheme incorporates the following key The site falls within the jurisdiction of St Albans City The proposed development will not be subject to a CIL elements: and District Council. None of the buildings on site are charge. It will be subject to the following (index linked) statutorily or locally listed and there are no listed buildings financial obligations as outlined in the Section 106 agreement: • 70 private residential units, comprising 38 x in the immediate vicinity, nor is the site located within a 1-bed, 25 x 2-bed and 7 x 3-bed apartments. Conservation Area. FINANCIAL CONTRIBUTION SUM • 37 affordable units. The site benefits from planning permission Parks and Open Space Contribution £103,123 - 11 shared ownership units, comprising (Ref: 5/2018/0095) for: 8 x 1-bed and 3 x 2-bed units. Sustainable Transport Contribution £80,750 - 26 affordable rent units, comprising 18 x Travel Plan Evaluation and Support Contribution £6,000 1-bed, 3 x 2-bed and 5 x 3-bed units. “Retention of northern elevation to the Old Electricity • 499 sq m (5,371 sq ft) GIA of office floorspace Works building and adjoining façade of the warehouse NHS Contribution £341,554.70 to be provided at ground floor. building and demolition of all other existing buildings and construction of new buildings between two and six Early Years Contribution • 122 car parking spaces, 4 of which are for commercial users. All to be calculated storeys in height to provide 107 flats, 499sqm of office in accordance Primary Education Contribution with the formula floor space and associated parking, landscaping and outlined in Schedule access works” 4 of the Section Secondary Education Contribution 106 Agreement available on the Youth Contribution dataroom CGI of proposed scheme CGI of proposed scheme The Old Electricity Works Campfield Road, St Albans, AL1 5HT 7 PROPOSED ACCOMMODATION SCHEDULE GEA (SQ M) GEA (SQ FT) BUILDING C NO. OF UNITS NSA NSA STOREY (SQ M) (SQ FT) HEIGHT Total Commercial 554 5,963 USE Total Residential 8,223 88,512 Affordable Residential 6 345 3,714 4 (Affordable Rent) Bins / Bikes / Circ / Plant / Parking 2,620 28,254 Total GEA 11,397 122,730 Residential Floorspace TYPE NO. OF UNITS NSA (SQ M) NSA (SQ FT) BUILDING D NO. OF UNITS NSA NSA STOREY (SQ M) (SQ FT) HEIGHT Private Residential 70 4,279 46,048 USE Affordable Residential 37 2,202 23,703 Private Residential 9 622 6,685 Affordable Residential Total 107 6,481 69,751 4 201 2,164 5 (Shared Ownership) Total 13 823 8,849 Commercial Floorspace TYPE GIA (SQ M) GIA (SQ FT) GEA (SQ M) GEA (SQ FT) Commercial 499 5,371 554 5,963 BUILDING E NO. OF UNITS NSA NSA STOREY (SQ M) (SQ FT) HEIGHT USE Residential Accommodation by Block Private Residential 40 2,344 25,231 6 BUILDING A NO. OF UNITS NSA NSA STOREY (SQ M) (SQ FT) HEIGHT USE BUILDING F NO. OF UNITS NSA NSA STOREY Affordable Residential 7 402 4,327 (SQ M) (SQ FT) HEIGHT (Shared Ownership) USE Affordable Residential 3 Private Residential 18 1,076 11,582 4 3 189 2,304 (Affordable Rent) Total 10 591 6,631 BUILDING G NO. OF UNITS NSA NSA STOREY (SQ M) (SQ FT) HEIGHT USE BUILDING B NO. OF UNITS NSA NSA STOREY Private Residential 3 237 2,551 2 (SQ M) (SQ FT) HEIGHT USE Affordable Residential 17 1,065 11,464 6 (Affordable Rent) The scheme will also provide 122 car parking spaces on site, 4 of which will be for commercial users. The Old Electricity Works Campfield Road, St Albans, AL1 5HT 8 METHOD OF SALE CONTACT The property is for sale freehold with vacant possession by For further information please contact: way of informal tender (unless sold prior). Savills UK Fortress Land VAT Darren Arnold Lee Smith The property is elected for VAT. [email protected] [email protected] +44 (0) 20 7409 9926 078 6691 6493 VIEWINGS Hugh Bushell Steve Oliver The site can be viewed from the street, however if access onto [email protected] [email protected] the site is required, please contact the joint sole selling agents +44 (0) 20 7075 2860 073 7546 2428 to make an appointment. Sean Cooper [email protected] FURTHER INFORMATION +44 (0) 20 7409 9948 Further technical information relating to the property is available at: www.campfieldoldelectricityworks.com IMPORTANT NOTICE Maps are reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd, and published for the purposes of identification only and although believed to be correct accuracy is not guaranteed. Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars.
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