Freehold Development Opportunity for Sale Former Bolsover Hospital, Bolsover S44 6Dh
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On behalf of FREEHOLD DEVELOPMENT OPPORTUNITY FOR SALE FORMER BOLSOVER HOSPITAL, BOLSOVER S44 6DH Red line for indicative purposes only . Vacant and cleared site extending to circa 2.65 hectares (6.55 acres) . Permission in Principle for the development of 50 – 70 dwellings (subject to Technical Details stage) . Located on the northern edge of Bolsover, 2.5 miles from the M1 (J29A) BNP Paribas Real Estate, Fountain Precinct, Balm Green, Sheffield, S1 2JA Tel: +44 (0)114 263 9200 Fax: +44 (0) 114 263 9244 On behalf of Location The Property is located on the northern edge of the market town of Bolsover, Derbyshire. Bolsover is known for Bolsover Castle, a 17th century Grade I listed building situated 1 mile west of the site. The town has a population of circa 11,000 and offers amenities including supermarkets Morrisons and Co-op, alongside a collection of smaller retail units including TSB bank, a Post office and two pharmacies. The town also has a Community Centre, Social Club, Library and Health Centre. The town has three primary schools (New Bolsover Primary & Nursery School Bolsover Infants & Nursery School, Bolsover Church of England Junior School) alongside a secondary school (The Bolsover School) rated ‘Good’ by Ofsted (2016). Bolsover is located in the Bolsover District of Derbyshire, circa 6 miles east of Chesterfield, 8 miles north west of Mansfield and 10 miles south west of Worksop. A number of cities are within commuting distance including Sheffield (circa 13 miles), Nottingham (circa 22 miles), Derby (circa 26 miles) and Lincoln (circa 35 miles). The town and surrounding area offer a large number of attractions, mixing history and heritage with places of interest, including Bolsover Castle, Creswell Crags, Creswell Model Village, Sutton Scarsdale Hall and Hardwick Hall. Location Plan (Property identified by red dot for identification purposes only) BNP Paribas Real Estate, Fountain Precinct, Balm Green, Sheffield, S1 2JA Tel: +44 (0)114 263 9200 Fax: +44 (0) 114 263 9244 On behalf of Location Plan (Property identified by red dot for identification purposes only) The Property The Property is located immediately to the east of Welbeck Gardens, circa 0.5 miles north-east of Bolsover town centre. The site has excellent transport connections, with easy access to the M1 and wider motorway network, as well as to Chesterfield via the A632. Chesterfield and Mansfield train stations are within 10 miles of the Property and provide access to the national railway network. Bus stops on Welbeck Road and Marlpit Lane provide direct services to Clowne to the north and Clay Cross to the south west. Bolsover town centre offers further direct buses to Mansfield, Chesterfield and Markham Vale. Immediately to the south and west of the site is existing housing and Millfield Care Home. There is open countryside to the east. Persimmon and Strata Homes have an outline consent for 950 homes to the north with a reserved matters application for 238 units off Marlpit Lane currently under consideration. BNP Paribas Real Estate, Fountain Precinct, Balm Green, Sheffield, S1 2JA Tel: +44 (0)114 263 9200 Fax: +44 (0) 114 263 9244 On behalf of Site Plan (buildings now demolished, red line for identification purposes only) The Property itself comprises the land edged red on the Site Plan above, extending to circa 2.65 hectares (6.55 acres) in total. The site benefits from three access points from Wellbeck Gardens within its western boundary. The site rises gently from west to east, with elevated areas in the south west, south east and north east corners of the site. Following demolition, there are inert spoil mounds on the southern part of the site, available for reuse. All the buildings of Bolsover Hospital has recently been demolished, leaving a clear site with some hard- standing remaining. Development Considerations Homes England has worked in partnership with Bolsover District Council with a view to bringing the site forward through Part 2 of the Brownfield Register. In December 2019, the site was included on Part 1 of Bolsover LA Brownfield Register. An application for Permission in Principle (LPA Ref:19/00617/OTHER) for 50 to 70 dwellings was approved on 29 July 2020 BNP Paribas Real Estate, Fountain Precinct, Balm Green, Sheffield, S1 2JA Tel: +44 (0)114 263 9200 Fax: +44 (0) 114 263 9244 On behalf of and it is now on Part 2 of the Brownfield Register. Bolsover District Council are supportive of the principle of residential development which they anticipate coming forward in the short term as a windfall housing site. The Development Brief, available within data room, provides key information to support delivery of a high quality residential redevelopment on this site. Development considerations to note include the following; . Bolsover District Council does not currently have Community Infrastructure Levy charging rates. The site lies within the settlement framework in the adopted Bolsover District Council Local Plan . Through engagement with consultees we are advised that the following S106 contributions are likely to be sought (calculated on a 70 unit scheme); £33,600 towards Medical facilities, £488,698 towards Education and £128,170 towards green space and playing pitches contributions. It is also likely that will be highway contributions towards junction and pedestrian access improvements. The Property is identified within flood zone 1 (an area with the lowest probability of flooding) on the Environment Agency’s Flood Map for planning. Further Information A complete technical pack, complete legal pack and the Development Brief, with further information relating to the Property, is available at https://www.realla.co.uk/m/49103-former-bolsover-hospital- welbeck-lane Photo of the Property looking South West (red line for identification purposes only) BNP Paribas Real Estate, Fountain Precinct, Balm Green, Sheffield, S1 2JA Tel: +44 (0)114 263 9200 Fax: +44 (0) 114 263 9244 On behalf of Method of Sale Conditional offers are invited by way of informal tender for the freehold interest in the Property with vacant possession and limited title guarantee, including overage requirements. Offers should be made on the specified Offer Form and reflect the requirements of the draft Heads of Terms and Agreement for Sale within the legal pack in the data room. The Property has been elected to tax for VAT purposes and all offers should reflect this. The deadline for offers is midday on 7 October 2020. All offers must be submitted on the Homes England Offer Form (available at the website), to the e-mail address [email protected] quoting the tender reference and site name set out within the Offer Form. The seller does not undertake to accept the highest nor any offer. Viewings The Property can be viewed from Wellbeck Gardens but on-site inspections are strictly by appointment only. Please contact the seller’s sole agent BNP Paribas Real Estate to arrange an inspection or for additional information. BNP Paribas Real Estate, Fountain Precinct, Balm Green, Sheffield, S1 2JA Tel: +44 (0)114 263 9200 Fax: +44 (0) 114 263 9244 On behalf of Aerial Photo of the Property looking north east (red line for identification purposes only) ALEX LEE DAVID COUCH Surveyor Senior Director Development Consulting Development Consulting +44 (0) 114 263 9208 +44 (0) 114 263 9221 +44 (0) 07469 403 700 +44 (0) 7825 016 194 [email protected] [email protected] Important notices Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither BNP Paribas Real Estate Advisory & Property Management UK Limited nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 2013: Unless otherwise stated all prices and rents are quote exclusive of VAT. The Business Protection from Misleading Marketing Regulations 2008: These details are believed to be correct at the time of compilation (Aug 2020) but may be subject to subsequentBNP Paribas amendment. Real Estate, Fountain Precinct, Balm Green, Sheffield, S1 2JA Tel: +44 (0)114 263 9200 Fax: +44 (0) 114 263 9244 .