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Residential Development Opportunity with Planning Permission in Principle

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Residential Development Opportunity with Planning Permission in Principle Residential Development Opportunity with Planning A DEVELOPMENT BY Permission in Principle LAND AT FARDALEHILL, B7081/IRVINE ROAD, KILMARNOCK, EAST AYRSHIRE, KA1 2LA Location The site is located in Kilmarnock, a popular commuter town which is situated 22 miles to the south west of Glasgow City Centre and lies 17 miles to the north of Ayrshire’s principal town of Ayr. Kilmarnock is Ayrshire’s second largest town, with a population of circa 46,000 residents and forms the western section of Scotland’s ‘Central Belt.’ The site is located on the western edge of Kilmarnock, accessed off the B7081/Irvine Road and is well placed for connections to Scotland’s motorway network, with junction 8 of the M77 lying 5 miles to the north east of the site. The nearest train station is situated in the Town Centre, 1.5 miles to the east and provides regular services to Glasgow Central, Carlisle and Newcastle. Regular bus services are also provided on Irvine Road. Kilmarnock Town Centre provides a wide range of community amenities to include supermarkets, retail and leisure uses and Queens Drive Retail Park lies a to the south of the town centre. The nearest schools include Annanhill Primary School and Grange Academy Secondary School which are located approximately 1 mile from the site. Kilmarnock is also home to Rugby Park, the home of Kilmarnock Football Club and Dean Castle Country Park is located nearby. The park extends over 200 acres and provides recreational facilities for community use. Crosshouse Hospital is one of the major employers in the area and lies immediately to the west of the site. Ayrshire is also one of the key regions in Scotland for tourism due to its association with some of the world’s finest golf courses, which feature across Scotland’s west coast and are within a short drive from of the town. NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100022342 Savills (L&P) Limited. Services Access to the final PDZs will be taken from Bonnyton Road, which bounds the southern boundary of the site. This connects into the new already existing spine road which serves the adjoining Bellway site and which is to be extended north into this development area. Under the existing consent there are a residual 310 dwellings remaining that can be delivered over these final PDZs. Due to the existing topography of the site, and the need to undertake earthwork operations to form development platforms, it has been assessed that the parcel split presented works independently and is the most efficient to avoid excessive works across the PDZs. Below is an outline of the servicing requirements for the development as a whole, but it should be noted that, there would be a reduced delivery requirement for bids on part and this is covered in greater depth in the executive summary: Main Enabling Works Required • Spine Road, labelled as `Proposed Traffic Distributor Road’ within the Masterplan document. Construction of the road and roundabout to include necessary development utilities and sewers. • 1 no. HV electrical sub-station to power entirety of PDZ4 and PDZ5. Ordnance Survey Plan • Install foul water pumping station in NW corner of PDZ5 to serve PDZ4 and PDZ5 NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from – rising main to be laid under spine road and outfall to as-built chamber located at the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100022342 Savills Bonnyton Road. (L&P) Limited. • Create storm water attenuation basin and outfall to brook. Basin to serve PDZ4 and PDZ5. Ordnance Survey © Crown Copyright 2020. All Rights Reserved. Licence number 100022432 Plotted Scale - 1:4000. Paper Size - A4 • Complete footway cycleway provision to N73 to the north. As set-out and required by the Description (outline permission) Infrastructure Development Plan (IDP). The site available for sale comprises part of a larger masterplanned area at Fardalehill, Strategic Landscape Areas Kilmarnock which benefits from planning in principle for a development of up to 550 housing units across 5 planning delivery zones (PDZ). To be established in general compliance with the Masterplan document, provided in sale pack – to be designed/LPA approved and constructed by the Buyer(s) relevant to their Bellway have secured the southern plots at Fardalehill, which benefit from frontage purchase area(s). In summary: on to Irvine Road and have completed the first and second PDZs of development. They will soon commence development on PDZ3. • Development Perimeter Buffer. The phases completed and under construction by Bellway comprise the following • Village Square POS capacities: • Village Green POS. PDZ1 96 units – Completed The above main enabling work and landscape items have not yet been completed, PDZ2 82 units – Nearing completion therefore the Vendor will be inviting offers for the sale of the site on a serviced and PDZ3 62 units – Under construction unserviced basis depending on the preference of the bidding party. The remaining land available comprises of 2 plots which lie to the north of Bonnyton Road and are identified as PDZ4 and PDZ5 and are outlined on the delivery plan enclosed. The retained land available for offer equates to 38.25 gross acres. We are seeking offers on the following lot sizes: Option one: Sale in whole - 38.25 acres Option two: PDZ4 only – 15.73 acres Planning The site is covered by the East Ayrshire Local Development Plan (Adopted April 2017) and benefits from Planning Permission in Principle which was granted on Appeal in May 2012 (Ref: PPA – 190 – 2015) subject to conditions. This is valid for a period of 14 years. The consent covers the larger site identified in the masterplanned area which has capacity for up to 550 dwellings. There is currently no affordable housing requirement on site. The Vendor will absorb the Section 75 contributions in connection with any sale in part, however, the responsibility will be passed to the purchaser in the case of a sale of the whole remaining development. Interested parties are encouraged to review the Masterplan document (dated 6th Feb 2009) contained within the pack when progressing their own bid layouts. The document sets out the parameters for points of design, density, character areas (areas 07 to 14) and internal road requirements. It is a guide and allows for flexibility. Interested parties are free to enter into their own discussions with East Ayrshire Planning Department if they wish to. Technical Information A suite of technical information is available via the Selling Agents for review and will be provided upon registration of interest. Offers Our clients are inviting offers for the heritable interest in the subjects and will consider offers for the site as a whole, or alternatively for PDZ4 in isolation, serviced or unserviced. The site will be subject to a phased bidding process. The initial Closing Date for the submission of interim offers has been set for: Friday, 17th April 2020 at 12 noon. Further information on the bidding process is included within the enclosed supporting documents. Prospective purchasers are advised to register their formal interest with the Selling Agents at an early stage. Please note that our client is under no obligation to accept the highest or any offer made. Phasing Plan NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100022342 Savills (L&P) Limited. Deans Castle Country Park Queens Drive Retail Park Kilmarnock Train Station Town Centre Grange Academy Secondary School Bonnyton Thistle Football Club Annanhill Golf Course Crosshouse Hospital NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100022342 Savills (L&P) Limited. Important Notice 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. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Selling Agent: Savills Emma Biggin Richard Cottingham Ben Brough 163 West George Street [email protected] [email protected] [email protected] Glasgow, G2 2JJ +44 (0)141 222 5899 +44 (0) 131 247 3826 +44 (0) 131 247 3730.
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